Project Setup
What 3 items must the POA attach to a PSN email?
SOW, ESC, and Pricing Sheet
What type of rates are usually seen in Fusion?
Billable and Non-Billable
What report indicates that the POA has an event that needs to be set to ready?
Revenue Not Created
What is the Project End Date Report and what must the POA do to complete it?
This report identifies all projects ending within the next 30 days or in Work at Risk Status. POA must confirm with the DM if that project is extending or ending.
What is the POA Operating Rhythm by week?
Week 1- Accruals and Revenue Deadline
Week 2- Spread Validation
Week 3- Maintenance
Week 4- Maintenance
Week 5 (if applicable)- Maintenance
Who is responsible for scheduling the IKO call and when should the call occur?
Delivery (CSL) – 2 weeks before the project starts
What is the difference between BIL and Non Bil rates?
BIL lines are for T&M resources, while Non Bil lines are for resources on Fixed Fee projects
What document(s) must the POA use to set up the events in the revenue plan?
SOW/PCR
What is the Not to Exceed Report?
This report shows projects that have a Not to Exceed (NTE) amount setup on the contract (CEC) in Fusion and is approaching that limit.
What is Accruals?
The process by which each POA validates and captures all revenue and costs incurred within a specific financial (accounting) period.
What are the 5 types of projects (Revenue Recognition Types)?
T&M, Fixed Fee, Milestone, Sprint, Per Unit
What legal documentation is needed to validate the bill rates entered for resources?
(SOW, PCR, and/or Pricing Sheet)
What must the POA validate before setting an event to ready?
Amount, Completion Date, and Event Note
What is the Task End Report and how should the POA address it?
This report shows projects that have tasks with end dates approaching or that do not match the project’s end date.
Tasks that are not appropriately extended or
ended can cause incorrect timecards or prevent resources from coding to the correct
task leading to later timecard adjustments to complete.
What are the different Accrual Reasons?
Revenue SOP and Client Error
What is the difference between an ESF and a PCN?
An ESF is submitted to onboard resources that have never worked for TEKSystems before and also make changes for external resource on the project. A PCN is submitted for only internal resources to add/remove or make any other changes
Which reports could indicate that you have resources on a project that are missing bill rates?
Missing Bill Rate Audit
What do POAs utilize FBDI for?
FBDI is an excel form used to manually upload transactions into Fusion. We use FBDI to enter Per Unit Revenue and for mass adjustments (such as bill rate or wrong milestone adjustments).
What do we call the Project Gross Profit and Invoicing Report? When would the POA run this report?
Kitchen Sink; During Revenue Deadline, Accruals, or while completing Maintenance.
What type of spread does the POA validate in the POA Spread Report?
AM/BDM Spread
What is the difference between Week Ending Dates, Accounting/Expenditure Item dates?
Week ending dates are Saturdays, and they are the last day of the preceding week. Accounting/Expenditure dates are the day financial information processes in fusion.
What status does the assignment need to be in when correcting an Internal Resources bill rate?
Rate Set Edit
What is Percent Spent and why is it used?
Percent spent evenly distributes revenue throughout the life of the project, with the goal of stabilizing the GP%. Percent spent is used for certain milestone/sprint
Who is responsible for submitting cases for Bill and Pay Rate changes?
Delivery should own these but POAs can submit cases if needed.
When completing the accruals report, when is a GP comment required?
When completing the accruals report, when is a GP comment required?