This activity is used to create a snapshot of the Work Recording Summary. The snapshot will include cost and revenue values, quantity progress values, and the earned value per grouping of Sub Project, Activity, and Cost/Revenue Element.
The snapshot will be created based on the Progress Cutoff Date, which is the date the Calculate Value function is performed for your Production SOW.
The Progress Cutoff Date will be indicated as the Snapshot Cutoff Date of your snapshot. The date the snapshot is created will be set as the Snapshot Creation Date.
You will be allowed to create only one snapshot per Snapshot Calculation Date/Progress Cutoff Date.
Execute Calculate Value should be performed.