To register cost forecastIf you want to see cost forecast on your project use either cost objects or cost types:
How you register the cost forecast depends on the leading forecast method, which you defined in the Project Accounting Parameters (tpppc0100s000) session. Use a forecasting method to predict changes to the budget, or to predict extra unit costs or to predict the total project cost. These forecasts are displayed in performance measurement and monitoring. In the following procedures, generate forecast is performed with the Generate Cost Forecast by Cost Object (tpppc2216m000) session or the Generate Cost Forecast Input by Activity/Cost type (tpppc2226m000) session. The following check boxes can be found in the mentioned sessions and are referred to in the forecast procedures:
To see the procedure for the leading forecast method, see Estimate-at-completion (EAC), Estimate-to-complete (ETC), and Estimated-extra-cost (EEC).
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