Labor Cost Forecast (tpppc2136s000)

Use this session to maintain cost forecast for the combination of the project and the registration date for different labor codes. These values are used to compute forecast amounts in control enquiries and report sessions.

Note

All amounts are valid for the combination of cost object and element/activity.

 

Project

The project code.

Description

The description or name of the code.

Status

The project status.

Registration Date

The date of input for the forecast deviation of costs.

Cost Object
Element

The element code.

Description

The description or name of the code.

Element Status

The work authorization status of the element.

Activity

The activity code.

Description

The description or name of the code.

Activity Status

The work authorization status of the activity.

Labor

The labor code.

Description

The description or name of the code.

Cost Component

The cost component code.

Description

The description or name of the code.

Labor Type

The hourly labor type code. If you change the value of this field, the cost rate is recalculated on the basis of the new surcharge percentage.

The formula is:

Cost Rate = Old Cost Rate * (1 + (Surcharge
		  Percentage/100) )
Description

The description or name of the code.

Cost Rate Currency

The cost rate currency code.

Cost Rate

The cost rate code.

Rate/Rate Factor

The rate that belongs to the currency rate that is displayed.

Rate/Rate Factor
Text

If this check box is selected, a text is present.

Cost
Budget

The total budgeted amount of labor that is budgeted for the element or the activity.

Earned Value

The costs allowed against the budget.

Physical Progress

The progress percentage.

Actual

The actual labor costs.

Forecast
Forecast Hours

The number of hours for the forecast cost deviation.

Cost Amount

The total labor costs. If you change the generated cost amount, the unit-cost rate is automatically adjusted.

Home Currency

The home currency in which cost amount is expressed.

Cost Amount in Home Currency

The cost amount in the home currency.

Estimated Extra Costs

The amount you enter here is the estimated extra costs on top of your current budget.

Note

You can view this field only if the Leading Forecast Method field is set to Estimated Extra Costs in the Project Progress Parameters (tpppc0100s000) session.

Estimate to Complete

The expected additional cost needed to complete an activity or project.

Note

You can view this field and is enabled only if the Leading Forecast Method field is set to Estimate to Complete in the Project Progress Parameters (tpppc0100s000) session.

Estimate at Completion

The estimated cost at completion value is used to determine the cost at the end of a project.

Note

You can view this field and is enabled only if the Leading Forecast Method field is set to Estimate at Completion in the Project Progress Parameters (tpppc0100s000) session.

Approved

If this check box is selected, the forecasted cost amount is approved. Only approved cost forecast reports are considered for cost control and interim results.

Note

After the forecasted amount is approved, LN does not allow you to modify the forecast data.

Variance
Variance

The project result.

Forecast Variance

The forecast project result.

 

Default Cost Rate

Use this function to read the default cost rate for this item into the displayed record.

Print Cost Forecast by Cost Object

Starts the Print Cost Forecast by Cost Object (tpppc2416m000) session which prints the forecast for the final result.