What is Cobra EVMS?

What is Cobra EVMS?

Cobra: Trusted Industry Leader in Cost and Earned Value Management. A flexible and powerful EVM solution to help manage costs, establish compliance controls, measure earned value, predict performance and achieve project success.

What does Cobra software do?

COBRA contractors solution is a construction, accounting and service management suite designed for specialty contractors including electrical, plumbing and HVAC contractors. It combines estimating, bid management, project management, service management, job cost and accounting in a single integrated system.

What does Deltek Cobra do?

Deltek Cobra is used for managing project costs, measuring performance and analyzing budgets, actuals and forecasts. In short, it is a cost engine that complements scheduling tools such as Primavera P6, Microsoft Project and Deltek Open Plan. Deltek Cobra satisfies all the requirements of the EIA-748 Standard on EVMS.

How do I copy a project in Cobra?

Follow these steps to copy cost sets to other selected projects in your Cobra system.

  1. In the Projects tab, select the source project that has the cost sets you wish to copy.
  2. Open the Project menu and choose the Project Information…
  3. Click on the Cost Sets tab.
  4. Click the Copy Cost Sets…

What is Deltek wInsight?

Deltek wInsight is the market leader for Earned Value Management System (EVMS) data analysis, reporting and business intelligence. It provides a complete set of EVM charts and reports that can be used interactively, included in presentations or output as hardcopy.

What is Cobra accounting?

COBRA Accounting is an integrated suite of programs that include the Accounts Receivable, Accounts Payable and General Ledger programs. These programs are written specifically for the Contracting Industry. Their user-friendly design is easy for any bookkeeper to use, yet powerful enough for the discerning comptroller.

What is Open Plan Professional?

Deltek Open Plan is an enterprise-class program & project management solution that offers the power and flexibility to support the completion of medium to large or multiple projects, on time and within the allocated budget.

What is the largest disadvantage of COBRA?

One of the largest drawbacks about COBRA is its cost. COBRA tends to be very expensive and many former employees who are drawn to it are shocked by the expense because they have to pay the entire cost of the plan, which includes the portion the company paid as a benefit.

How do you calculate COBRA cost?

Multiply the total monthly cost by the percentage you will pay. For example, assume the total monthly cost of your insurance is $450 and you must pay 102 percent as a monthly premium. Multiply $450 by 1.02 percent to arrive at a monthly premium of $459.

What is Deltek Acumen Fuse?

Acumen Fuse is a schedule diagnostics tool that pinpoints and resolves shortcomings in a matter of minutes. No more time is wasted on manual validation techniques that take your project team away from their core project work.

Can I use COBRA if I quit?

Electing COBRA means you can keep your health insurance after quitting or being fired from a job. You are responsible for paying your premium and the employer’s premium, plus a 2% admin fee. Coverage is available for up to 18 months, but an extension may be possible.

Do deductibles start over with COBRA?

Do I have to start over with my deductible and out-of-pocket maximum accruals? No. COBRA coverage is an extension of the same coverage held during active employment.

How much does a COBRA cost?

On Average, The Monthly COBRA Premium Cost Is $400 – 700/month Per Individual. Continuing on an employer’s major medical health plan with COBRA is expensive. You are now responsible for the entire insurance premium, whereas your previous employer-subsidized a portion of that as a work benefit.

What is Primavera Risk Analysis?

Primavera Risk Analysis (PRA) is one of the leading tools for risk assessing your project schedules. PRA is used to perform schedule validation and embed your own risk models with fully developed risk events. The tools available in PRA enable you to build a fully risk impacted plan.

How does COBRA work after leaving job?

COBRA allows you to continue coverage — typically for up to 18 months — after you leave your employer. You can buy an Affordable Care Act (ACA) plan through a public exchange on the health insurance marketplace. Or you can switch to your spouse or partner’s plan, if possible.

Is COBRA ever worth?

Key Takeaways. COBRA provides a good option for keeping your employer-sponsored health plan for a while after you leave your job. Although, the cost can be high. Make an informed choice by looking at all your options during the 60-day enrollment period, and don’t focus on the premium alone.

Is COBRA taxed?

Income Tax Consequences: Finally, note that the value of the Credit is included in gross income to the employer. However, an employer generally could also claim a deduction for this amount. The amount of the COBRA premium assistance is not taxable to the COBRA qualified beneficiary in receipt of the benefit.