This activity is used to create a snapshot of the Work Recording Summary. The snapshot will include cost and revenue values, quantity progress values and the earned value per grouping of Sub Project, Activity and Cost/Revenue Element.
Snapshot will be created based on the Progress Cutoff Date, which is the date Calculate Value is performed for your Production SOW. Progress Cutoff Date will be indicated as Snapshot Cutoff date of your snapshot. The date Snapshot is created will be set as Snapshot Creation Date.
You will be allowed to create only one Snapshot per Snapshot Calculation Date/Progress Cutoff Date.
Execute Calculate Value should be performed.
New Snapshot will be created per Progress Cutoff Date.
Snapshot created will be listed in Snapshots page. In case needed Chart View can be configured to visualise the Change of Total Earned Value Cost and Cost Progress over time.