Deltek Cobra®
Features and Benefits

Show the real value of Program Controls and EVM

One of the top challenges in the industry today is getting management to understand and invest in program controls and earned value management practices. With Deltek Cobra, you'll be able to demonstrate success by quickly producing accurate, detailed reports. Your team can then spend more time analyzing project performance and applying corrective action before it's too late.

Some Deltek Cobra Features and Benefits that support this include:

Powerful Reporting

Extensive reporting that is flexible and easy-to-use. Select from 49 standard reports that meet government requirements or easily create a custom report. The Reporting Wizard walks you through the process step by step and can save your choices for future automated reports. Create reports for:

  • Budgets
  • Forecasts
  • Actual costs
  • Proposed modifications to the baseline
  • Commitments

Deltek Cobra integrates with Deltek wInsight for even more powerful Executive Reporting.

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Powerful Forecasting

Final project costs can be calculated with confidence using Deltek Cobra's powerful forecasting ability. An unlimited number of time-phased forecasts can be created. Typical forecasts that are maintained simultaneously include:

  • Optimistic, pessimistic and most-likely forecasts for client reporting.
  • A forecast loaded from a schedule, or entered manually, to manage the contract and reporting internally.
  • Several different statistical forecasts to increase confidence in the manually entered forecasts. Using indicators such as the Cost Performance Index, accurate forecasts can be calculated that include project status and past performance.
  • Multiple forecasts based on the effects of future rate changes.
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Top-Down Planning

Top-down planning provides a powerful tool for:

  • Estimating
  • Proposal pricing
  • What-if modeling

You can apply global modifications to budgets or forecasts at any level of the program. Alternatively, Deltek Cobra can automatically calculate the number of hours corresponding to a specific monetary amount. Once the hours have been changed, you can update the schedule with the newly calculated hours. This feature is useful in updating the schedule to exactly match a high level estimate.

Drill-Down Analysis

Cobra provides an analysis tool that highlights items which exceed thresholds defined on the Work Breakdown Structure, Organizational Breakdown Structure, or Resource Breakdown Structure. Threshold values and percentages are defined for cost and schedule variances of each element. Items that exceed threshold variances are highlighted for immediate action or review, saving time and the need for sorting through reports.

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Funding & Cost Management

Cobra's powerful cost management capabilities enable you to track funding sources or other types of costs through unlimited costs classes. You can slice and dice the data for multiple views into the program and simple reporting to the organization and your customer.

Change Control

The only constant in any project is change. Cobra makes tracking changes a snap. Potential and approved changes can be tracked and analyzed against the original budget for the most up to date view of the program. Unlimited baselines provide the controls you need to know where you stand at any point in the program.

Apportionment

Apportionment is used to create budget, earned value, and a forecast for work that is based on other work. For example, if you budget IT Support as a percentage of engineering, then apportionment will help you develop your budget, earn value, and forecast your IT Support. This powerful feature is used to calculate travel, scaffolding, bulk material items, and even labor hours based on installation rates.

Multiple EV Techniques

Removes the subjective nature of statusing activities. Cobra supports 11 earned value techniques and satisfies all requirements of the ANSI standard on EVMS.

  • Level of effort
  • Weighted milestones
  • Percent complete
  • Units complete
  • 50-50
  • 0-100
  • 100-0
  • User-defined
  • Percent complete by resource
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Lower TCO

Deltek Cobra uses Smart Client technology that helps lower your total cost of ownership by lessening IT administration and resource needs.

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For more information about Deltek products, contact us at:


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