Deltek added a new Coded Ranges Forecast Method in release 30 of Cobra 8.4. This calculated forecast allows the user to assign a forecast method based on a Control Account or Work Package Code, or alternatively, a forecast method based on the Earned Value or Progress Technique. This is a helpful addition to the canned […]
The Deltek Cobra Replan Process
As stated in my previous blog on the Cobra Replan process, I attempted to talk one out of replanning the project except in certain, rare circumstances. That said, there are definitely circumstances where the Replan process is wholly appropriate. The Replan process, also known as a Single Point Adjustment (Also referred to S&P=A or SPA), […]
Single-Point Adjustments in Deltek Cobra
Single-Point Adjustments in Deltek Cobra The term Single-Point Adjustments (SPA or S&P=A or S=P) is an oft used process on Cost-Plus type projects. Its purpose is to essentially erase cost and/or schedule variances to date and replan the remaining effort consistent with the remaining scope of work. Further, the remaining effort is planned with the […]
Deltek Cobra 8.5 is Released
Released today, Deltek Cobra 8.5 brings a host of new capabilities, enhancements and conveniences to the earned value community. We’ve been digging into this brand-new iteration and are excited to be giving you an overview of what’s new and improved in this latest version. OK, let’s jump right in and give you the highlights of […]
Deltek Cobra 8.5 – Coming Soon
Deltek are in the late stages of development for Cobra 8.5 and are aiming to release this new version sometime near the end of Q2 or early Q3, 2023. But don’t hold us to that date – there is apparently some dependency on other factors outside of Deltek’s control. We’ll get to that in a […]
Top-Down Planning in Deltek Cobra
Top-Down Planning in Cobra is a useful feature which gives you the ability to adjust a budget or forecast cost class’s value at various levels of the project’s structure. This process allows the user to adjust a cost class to equal a specified value. While there are many scenarios where this utility would be useful, […]
Setting the Frozen Forecast in Deltek Cobra
Frozen Forecast in Deltek Cobra One of the most frustrating challenges in operating an Earned Value Management System (EVMS), is holding constant an Estimate at Completion (EAC). The challenge is, that the nature of the EAC- Actual Costs (Actuals) plus Estimates to Complete (ETC) will, by nature, change each period due to the value of […]
5 Cobra Preferences You Should Know About
Cobra Preferences You Need To Know I’m often asked if it’s possible to change Deltek Cobra’s behavior in particular circumstances and these types of questions invariably lead me to the Project Preferences dialog, where a number of default settings control how Cobra responds to certain situations within the project. So, I thought you all might […]
Deltek ProjectCon 2022
After holding virtual conferences for the last two years due to Covid, Deltek is back in person with a new name, Deltek ProjectCon 2022 (previously known as Deltek Insight) on November 15-18. The Venue for Deltek ProjectCon 2022 will be the Gaylord Opryland Convention Center. Gaylord Opryland Convention Center 2800, Opryland Drive Nashville, TN, 37214 […]
Deltek Cobra – How to Help CAMs with Manual Forecasting
Helping CAMs with Manual Forecasting A universal problem in the world of project controls is getting good, reliable data back from those otherwise engaged in actually executing the project plan. This challenge can have a devastating impact on the accuracy of the schedule status and Earned Value Management (EVM) metrics when team members fail to […]