Equipment Cost Forecast (tpppc2156m000)
Use this session to maintain equipment cost forecasts for the project. These values are used to compute forecast amounts in control enquiries and report sessions.
Field Information
- Project
-
The code of the project.
- Description
-
The description or name of the code.
- Project Status
-
The status of the project.
Allowed values
- Free
- Active
- Finished
- Closed
- Archived
- Registration Date
-
The date when the equipment cost forecast is registered.
- Cost Object
-
- Equipment
-
The code of the equipment cost.
Note:You can select the code from one of these sessions:
- Equipment (tppdm0512m000) session.
- Project Equipment (tppdm6512m000) session.
- Control Data (Equipment Lines) (tpptc1537m000) session.
- Description
-
The description or name of the code.
- Reference Type
-
The reference type of the equipment cost. This indicates whether the control code is a standard or a project equipment. S indicates that the control code is a standard cost object. P indicates that the control code is a project specific cost object.
- Element
-
The code of the element.
- Description
-
The description or name of the code.
- Work Authorization Status
-
The work authorization status of the element.
- Activity
-
The code of the activity.
- Description
-
The description or name of the code.
- Work Authorization Status
-
The work authorization status of the activity.
- Cost Component
-
The code of the cost component.
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 specified for the cost object.
Note: This field is disabled if the Final Rate checkbox is selected. - Cost Rate
-
The cost of the equipment per unit.
Note: This field is disabled if the Final Rate checkbox is selected. - Final Rate
-
If this check box is selected, the Cost Rate is considered as the final cost rate.
Note:- If the forecast amount is modified with the Final Rate checkbox cleared, LN recalculates the Cost Rate.
- If the forecast amount is modified with the Final Rate checkbox selected, LN recalculates the Forecast Quantity.
- Currency Rate/Rate Factor
-
The currency rate.
- Rate Factor
-
The rate factor.
- Text
-
Indicates if text is present.
- Cost
-
- Budget
-
The total amount of the equipment that is budgeted for the element or the activity.
- Budget Quantity
-
The total quantity of the equipment that is budgeted for the element or the activity.
- Earned Value
-
The earned value.
- Physical Progress
-
The physical progress percentage.
- Actual
-
The actual cost of the equipment cost.
- Quantity
-
The actual quantity of the equipment specified on the cost line.
- Forecast
-
- Duration
-
The duration forecasted for the equipment.
- 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.
- Time Unit
-
The unit of measure in which the duration is expressed for the equipment.
- Forecast Quantity
-
The forecasted quantity of equipment.
- Equipment Unit
-
The unit in which the forecasted equipment quantity is expressed.
- Cost Amount
-
The total forecasted cost amount of the equipment.
- Cost Amount (Home Currency)
-
The total forecasted cost amount of the equipment that is expressed in home currency.
- Home Currency
-
The home currency code.
- Estimated Extra Costs
-
The additional amount over the estimated budget amount.
Note: This field is visible only if the Leading Forecast Method field is set to Estimated Extra Costs, in the Project Accounting Parameters (tpppc0100s000) session. - Estimate to Complete
-
The estimated cost to complete the activity.
Note: This field is visible only if the Leading Forecast Method field is set to Estimate to Complete, in the Project Accounting Parameters (tpppc0100s000) session. - Estimate at Completion
-
The estimated cost at the project completion.
Note: This field is visible only if the Leading Forecast Method field is set to Estimate at Completion, in the Project Accounting Parameters (tpppc0100s000) session. - Approved
-
If this check box is selected, the forecasted equipment cost amount is approved. Only the approved cost forecast reports are considered for cost control and interim results.
Note: After the forecasted amount is approved, you cannot modify the forecast data.
- Variance
-
- Variance
-
The actual cost variance of the equipment.
- Forecast Variance
-
The forecasted cost variance of the equipment.