Cost Forecast Overview (tpppc2816m000)

Use this session to maintain the forecast deviations of costs against the element/activity budget. Use it to enter the costs of additional work (these are costs exceeding the budgeted costs), or the costs of reduced work (this means the costs are less than the budgeted costs).

Cost forecast maintenance can be performed at the following levels:

  • Material
  • Labor
  • Equipment
  • Subcontracting
  • Sundry costs

These values are used to compute forecast amounts in control enquiries and report sessions.