Overhead Forecast (tpppc6106m000)

Use this session to define the cost forecasts for the combination of the project and registration date for the overhead costs. These values are used to calculate the estimated costs at completion, percentage of completion, and profit percentage, which helps in analyzing the interim results effectively. These overhead costs are also considered in the Project 360 (tppdm6500m100) and Contract 360 (tpctm1300m000) session to calculate the Estimate To Complete, Actual cost, Total cost, and Cost forecasts.

Note: 
  • You can access this session from the cost forecast sessions such as Material Cost Forecast (tpppc2516m000) and Equipment Cost Forecast (tpppc2556m000) sessions.
  • You can view the overhead cost forecasts in the Project 360 (tppdm6500m100) and Contract 360 (tpctm1300m000) sessions, in a graphical format.

Field Information

Project

The project code.

Description

The description or name of the code.

Project Status

The project status.

Allowed values

Free
Active
Finished
Closed
Archived
Registration Date

The date of input for the forecast of costs.

Cost Object Details
Element

The element code.

Description

The description or name of the code.

Work Authorization Status

The work authorization status of the element.

Allowed values

Free
On Hold
Released
Finished
Closed
Activity

The activity code.

Description

The description or name of the code.

Work Authorization Status

The work authorization status of the activity.

Allowed values

Free
On Hold
Released
Finished
Closed
Overhead

The code that identifies the overhead cost.

Description

The description or name of the code.

Cost Component

The cost component code.

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.
Description

The description or name of the code.

Currency

The currency in which the overhead cost amount is expressed.

Currency Rate/Rate Factor

The currency rate.

Rate Factor

The rate factor.

Text

If this check box is selected, text related to the overhead cost is present.

Cost
Actual

The actual cost amount.

Forecast
Cost Amount

The forecasted overhead cost amount.

Home Currency

The currency in which the forecasted overhead cost amount is expressed.

Currency

The currency code.

Estimated Extra Costs

The amount is the estimated extra overhead costs.

Estimate to Complete

The expected additional overhead cost required 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

If this check box is selected, the forecasted overhead cost amount is approved.