Estimated-extra-cost (EEC)

Estimated-extra-cost (EEC) means that you forecast on top of the budget. If the budget is not correct, you can either change the budget or forecast the budget deviation. If you choose to forecast the budget deviation, you only need to register forecast for that part of the project scope in which budget deviations are expected. However, you must still change your forecast if changes in the budget occur.

  1. Initially, if parts of the project scope require a forecast, you insert a new cost forecast in the Cost Forecast Overview (tpppc2816m000) session for the current date.

    Initially, if parts of the project scope require a forecast, you insert a new cost forecast in the Cost Forecast Overview (tpppc2816m000) session for the current date.


  2. If you want to insert the cost forecast periodically, you can do this in the following ways:

    • If parts of the project scope require a new forecast, insert a new cost forecast the Cost Forecast Overview (tpppc2816m000) session for the current date.
    • If a large part of the project scope needs a new cost forecast, generate the forecast records for the new date. You can then go through the generated cost forecast records of the new date and modify the forecast values if necessary. Generate cost forecast with the Generate from Previous Date check box selected. The advantage of using this check box is that previous forecast values are visible if you enter new values.
  3. If the work is completed, the estimate-to-complete must be zero. To reduce the work of entering data, you can generate cost forecast with the Generate Empty Forecast check box selected.

    If the work is completed, the estimate-to-complete must be zero. To reduce the work of entering data, you can generate cost forecast with the Generate Empty Forecast check box selected.

    If you want to monitor the result of the EEC procedure:

    • The variance at completion (VAC) in the Control Inquiries (tpppc4850m000), the Performance Measurement (tpppc5840m000), and the Performance Measurement using EVM (tppss0702m000) is cost variance (CV) minus estimated extra cost (EEC). Where cost variance (CV) is performed minus actuals.
    • In the Display Financial Analysis (tppss0701m000) session, the entered estimated extra cost (EEC) forecast amount can be displayed as additional planned cost on top of the budget.