FOLIO 5.0 Release Notes

Kitologic is proud to bring you FOLIO 5.0, a new major release that will enable you to:

• Hold both planned and actual costs and revenues in the same Folio

• Know if you perform as well for your client than for yourself with Revenue based EVM
• Consult more naturally your data with the revisited two-level tabs and redesigned Overviews
• Be notified that people outside of a Folio's team have logged time on its issues

This release also includes a number of improvements and fixes.

Hold both planned and actual costs and revenues in the same Folio

In Folio 4 we introduced the ability to track your actual revenues, along with your project's planned and actual costs. We later introduced the ability use the budget tab for your client's costs: making budget comparisons made with revenues rather than costs. But what if you want to establish both your client's budget and your own internal budget as a service company? Well, now you can with FOLIO 5. Reports have been updated to reflect that: you can now choose to have them generated based on costs or revenues.

Know if you perform as well for your client than for yourself with Revenue based EVM

Adding the possibility to define internal and external budgets in a single Folio means FOLIO can now compute EVM metrics and make forecasts based on your performance for both you and your customers. A project can be profitable for you but still exceed your client's budget, or vice versa. With FOLIO 5 you'll know exactly how things are going for you AND your client, as always in real-time.

Consult more naturally your data with the revisited two-level tabs and redesigned Overviews

The navigation tabs and overviews (folio and portfolio) have been re-engineered to support the addition of planned revenues and revenues EVM. First the navigation tabs have been split into two levels. The first tab level is henceforth simplified to Overview, Costs, Revenues, Team and Reports (with Revenues still being optional). When selecting Costs or Revenues tabs, you now get a second tab level letting you choose to view Planned, Actual or Forecast. This makes for a more natural and consistent presentation of costs and revenues.

The overviews received a lot of attention (and consequently the Steering Committee Reports too) to better present revenues and show them side by side with Costs. You now get distinct sections for costs and revenues plus an extra budget vs actual chart for revenues. The Health section also provides you both costs and revenues based EVM indices. Revenues indices are from a client perspective, meaning that actual revenues higher than planned lead to red indices.

Be notified that people outside of a Folio's team have logged time on its issues

FOLIO 5 introduces new notifications to alert you that one or more users that are not in your project's team have logged hours on some of its tasks. That might be intended, but now FOLIO makes it visible so that you can take action if it was not.

Improvements

Bug Fixes