Committed Portfolio Selection Decision (Cost) (project field)

The Committed Portfolio Selection Decision (Cost) field shows the result of a cost constraint analysis on a project. You can choose Selected, Unselected, Forced-In/Out, or Custom Forced-In/Out.

Data Type    Enumerated (enumerated field: A type of field whose content is selected from a list of predefined choices. For example, in the Accrue At field you can select the way resource costs are accrued from a list that includes Start, Prorated, and End.)

Entry Type    Calculated (calculated field: A field in which the value is determined by Project based on information in other fields. Project may recalculate the value automatically or when you specify, depending on your choice of calculation settings.)

Best Uses    By working through a cost constraint analysis as part of a Portfolio Selection Scenario, you can choose which projects to invest in based on the value-to-cost ratio indicated by portfolio-level cost constraints. You can save multiple Portfolio Selection Scenarios, including various models for cost constraints, for further analysis.

After a cost constraint Portfolio Selection Scenario is committed, the selection decision for each project is saved in the Committed Portfolio Selection Decision (Cost) field for each project. The commitment decision is shown as Selected, Unselected, Forced-in, or Forced-out. There might an additional custom value for a Forced-in or Forced-out decision based on a custom lookup table that lists reasons for a Forced-in or Forced-out decision.

You can add the Committed Portfolio Selection Decision (Cost) field to Project Center views, reports, and project field Web Parts for review by project and portfolio stakeholders. By doing this, you and others on the team can see the commitment decision that was made as a result of the cost analysis.

Example    As a result of working through the Portfolio Strategy process, you have asked Microsoft Project Server to run a high-level cost constraint analysis on the proposed “Develop SOX-compliant auditing mechanism” project. When you decide to commit to this project, you see that the Committed Portfolio Selection Decision (Cost) field displays “Forced-In” because this project is part of a regulatory requirement.

Remarks     In Project Web App you can add this field to a Project Center summary view, for example.

Applies to:
Project Professional 2013, Project Standard 2013, Project Web App for Project Server 2013, Project 2010, Project Server 2010