| Calculation Method for Percentage of CompletionCost to Cost The percentage of completion is the cost incurred on the project
divided by the estimated cost at the completion of the project. If the cost
control level, Project is not used for this method, the Actual and the Forecast Cost cannot be used to calculate the percentage of completion. Hours Progress The percentage of completion is the number of actual hours spent
on the project divided by the total hours forecasted for the completion of the
project. If the cost control level, Project/Cost Type is used, the Excl. CommitActual and Forecast Quantity fields are available for the cost
type Labor and can be used to calculate the percentage of
completion. Note If the Forecast Quantity is not defined, you can use the Budget Quantity and the Excl. CommitActual to calculate the percentage of
completion. Manual Entry The percentage of completion is entered manually. You must
specify the percentage in which the estimate of the completed work is
expressed, manually.
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