Equipment Cost Forecast (tpppc2556m000)

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.

Note: If you have started this session by zooming, you can only find and select a record.

Field Information

Project

The project code.

Description

The description or name of the code.

Project Status

The project status.

Registration Date

The date of input for the forecast deviation of costs.

Equipment

The equipment's code.

Description

The description or name of the code.

Element

The element code.

Description

The description or name of the code.

Work Authorization Status

The work authorization status of the element.

Activity

The activity's code.

Description

The description or name of the code.

Cost Determination

Indicates how cost amounts related to the cost object are calculated in the actual budget.

Allowed values

Quantity: The costs related to the subcontracting cost object are calculated, by quantity-based measure of productivity.
Amount of Time: The costs related to the subcontracting cost object are calculated, by time-based measure of productivity. Example, the subcontractor can be paid by the hour.
Rate Only: The costs related to the subcontracting cost object are calculated, based on only an agreed rate.
Amount Only: The costs related to the subcontracting cost object are calculated, based on only an amount (lump sum).

Note: The field can be set to Rate Only or Amount Only only if:

The Services Procurement is set to In Preparation or Active in the Implemented Software Components (tccom0100s000) session.
The Procurement by field is set to Subcontracting Procurement Order.

This value cannot be modified when used for a planned PRP order or when costs are booked based on this value.

Work Authorization Status

The work authorization status of the activity.

Currency

The transaction currency

Estimated Extra Costs

The amount you see here is the estimated extra costs on top of your already estimated budget.

Estimate to Complete

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

Estimate at Completion

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

Approved

The confirmed forecasted cost amount.

Cost Component

The cost component associated with the cost object.

Note: You can only specify a cost component for which the Component Type is set to Detail or Collect in the Cost Components (tcmcs0148m000) session.