Financial periods & periodic performance???

Im dealing with two projects thats in almost similar timeframe , but having various data date.

Project name Start date Finish date Data date

Project A June 1,2013 June 20,2014 Saturday.

Project B June 3,2013 August 21,2014 Monday.

I need to store period performance for both the projects , weekly. How can I make financial period periods for both of the projects ,as the second project overlaps the other.??? 1 day ago Like CommentFollow Flag More 5 comments

Follow Mimoune Mimoune Djouallah Financial period is global data, you have to use the same cut off date, as a workaround you can always create a new database and load project B on it and have a different cut off date.

it would have been nice, if P6 define period performance at the project level. 1 day ago Like

Follow Andrei Andrei Martemianov Anas, As I understand, you update both projects on a weekly basis, but on different days of the week.

Since P6 does not keep in financial periods (FP) day on which you update, you can create periods for Monday-Sunday, update projects and store FP data on any day of the week. You can even update period performance into any past period, for that matter. However, there is another problem you might run into - in a report/layout displaying FP data with a monthly breakdown, weeks overlapping two months will be divided between them in a manner P6 will see fit. 1 day ago Like

Follow Jos Jos Frade Anas

Financial periods belong to the database (at least until revision 8.2) and not to the project. Meaning every project in a database need to have the same financial period (say every Monday is cuttoff date)

Updating and storing period performance works however per project. Meaning you can update project a and project b on diferente dates. Storing period performance can occur also on diferente dates but need to use the cutoff dates created in the database. Caution if you want to use portofolio tools this might lead to some erroneous results.

Option if you need diferente cutoff dates and not need Portofolio tools: Create one database for each project.

If you need cutoff dates diferente and need portofolio analysis - I do not know a solution. 22 hours ago Like

Follow Mohammed Mohammed Feroze Hi Jose, on my project the client requirement for cut off dates is 5th & 20th day of every month and where as our data date for progress update is 15th and 30 or 31st meaning mid and end of the month. My project started in June 2012 and will be finishing in March 2014. The client asked us to submit all these period performance 2 days back and we are in a fix. Since we have all the updated files for the past one year with data date as mid and end of the month but the client requirement is 5th and 20th. Even if we re do updates with a fresh baseline starting from june 2012

with actuals from past update, the progress doesnt match with the financial periods of the client requirement. is there any solution to resolve this issue. 21 hours ago Like Reply privately Flag as inappropriate

Follow Jos Jos Frade Mohammed You can delete the financial periods. But rebuild them and producing reports one year back it would be a nightmare. I would advise to try to negociate some solution with cliente, otherwise you have to re-enter every progresso update and freeze again every and sigle financial period. Sorry, there are certain things that need to be right from begin and financial periods is one of those.

Regards