BG5: Rates and Measures With Budget

BG5: Rates and Measures with Budget

Description:
This is a comprehensive report encompassing the production rate, and the forecast and actual values for the measure or measures defined by the selected budget.
Associated panels:
BG4: Rates and Measures A report of the production rate of a selected measure for each equipment-source-destination-operator sets, where applicable, for a defined period. This report is an excellent way to compare and monitor performance of equipment and operators at selected source-destinations locations.
BG8: Rates and Measures With Budget Graph This panel presents a line graph of the actual versus the budgeted value of the selected measure for the defined period.
BG6: Rates and Measures With Budget Actual v MTD Graph The actual and budgeted (planned) values for the selected measure are presented as a histogram and as cumulative lines for the defined period. This graph reports the month up to the selected period.
Terms used:
MTD Month-to-Date. The reporting period from the beginning of the month to the selected date.
Rate Measure per unit time. For example, tonnes per operating hour – measure/ operating hours.
Variance A statistical term for the measure of the dispersion of a set of points around their mean value. A higher variance figure means that the data is very variable; a lower figure means that it is less variable.
Forecast Changes made to budgeted values are forecasts. For example, the mill is planned to be down for a week, so a realistic forecast value is compared against the actual value for that month.
Panel Definition:
A panel is defined by a set of report parameters and attributes which may vary from site to site:
Parameter Attributes
Site Select from the list of configured sites.
Period Year, Month, Day Shift, Macro.
Budget Select from the list of user defined Custom Calculations.
Summary levels:
The final report will summarise data at the selected Period attribute level.
Data capture method:
Paper log Voice Automated
Target audience:
Management Engineering Geology Survey Maintenance
Personnel Control Room Operator Contractors Drilling Production