Forum Discussion
Project-based relative dates
thanks for the quick response! I should have elaborated on similar projects: I actually meant scope of work type. For example, we do a lot of recurring work for a big client, whose different projects I have sorted into "customer" and "job type" for easy reference beyond job number, but even for those very similar projects scope-of-work-wise, we have had one recently that was 8 months, and a current one that is 6. A lot of the similarities between the two extend to that our labor is pretty consistent week to week, which forms the bulk of our variable costs.
So far, I've ended up doing something similar to what you suggested, within those "job types". I ended up establishing two new columns in the transaction file - "job day" (transaction date-start date), and "job week" (which i was able to bring up by using WEEKNUM on the "job day" column and adjusting it to suit whatever year that was calculated on (1900?), as a job day of "1" was originally returning "job week" of "53". Not the most elegant solution, but I think it will work for most of my comparative needs!
very interesting
i can see how you could end up comparing "week" numbers to jobs in a similar "job type"
this is a case where using something like XMR charts might give you the ability to rapidly see which jobs were showing "normal" differences and which were giving "signals" that something abnormal was going on. there are some good custom visuals that make building them really simple. see https://appsource.microsoft.com/en-us/product/power-bi-visuals/WA104382092?tab=Overview
- jukeysmoot6 years agoFrequent Visitor
wow, that is great! Right up our alley. I just came on board the company, but previously, we were in the habit of simply "reporting" costs, often at job completion, and the goal is start controlling them more in real-time. Tools like XMR could potentially be very helpful. Thanks for the tip!
- kentyler6 years agoSolution Sage
i'm a big fan of doing more than just "reporting" on data. if you do decide to try using some SPC methods to get more insight i'd love to talk more about it.