Equipment Cost Forecast (tpppc2156s000)

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

 

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.

Equipment

The equipment code.

Description

The description or name of the code.

Cost Component

The cost component code.

Description

The description or name of the code.

Cost Rate Currency

The currency in which cost rate is expressed.

Cost Rate

The cost rate per unit for the forecast deviation.

Currency Rate/Rate Factor

The currency rate to convert the transaction currency to the home currency that is displayed.

Rate/Rate Factor

The rate factor that belongs to the currency rate that is shown.

Text

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

Cost
Budget

The total budgeted amount of equipment, and element or activity.

Earned Value

The amount of performed costs allowed against the budget.

Physical Progress

The progress percentage.

Actual

The actual amount.

Forecast
Duration

The number of time units for the forecast cost deviation.

Total quantity of transaction = Amount of time x Quantity (rounded to two decimals)

Duration Unit

The unit in which the time is expressed.

Forecast Quantity

The quantity on which the forecast cost-variance is based.

Forecast Quantity Unit

The unit in which the quantity is expressed.

Cost Amount

The total equipment 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 already estimated 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 estimate to complete value is 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 what the cost is 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 Price Equipment

Use this function to read the default cost price of the equipment 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.