Subcontracting Cost Forecast (tpppc2176s000)

Use this session to maintain cost forecast for the combination of the project and the registration date for different subcontracting codes.

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

Field Information

Project

The project code.

Description

The description or name of the code.

Status

The project status.

Allowed values

Free
Active
Finished
Closed
Archived
Registration Date

The date of input for the forecast deviation of costs.

Cost Object Details
Element

The element code.

Description

The description or name of the code.

Element 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.

Activity Status

The work authorization status of the activity.

Allowed values

Free
On Hold
Released
Finished
Closed
Subcontracting

The subcontracting code.

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.

Unit Cost Currency

currency

Note: This field is disabled if the Final Rate checkbox is selected.
Unit Cost

The unit cost per unit.

Note: This field is disabled if the Final Rate checkbox is selected.
Final Rate

If this check box is selected, the Unit Cost is considered as the final cost rate.

Note: 
  • If the forecast amount is modified with the Final Rate checkbox cleared, LN recalculates the Unit Cost.
  • If the forecast amount is modified with the Final Rate checkbox selected, LN recalculates the Forecast Quantity.
Rate/Rate Factor Currency

The rate that belongs to the currency rate that is displayed.

Rate Factor (Costs)

The rate factor.

Text

If this check box is selected, a text is present.

Cost
Budget

The total budget amount.

Quantity

The total number of the budgeted subcontracting hours for the element or activity.

Earned Value

The performed value.

Physical Progress

The progress percentage.

Actual

The actual amount spent.

Quantity

The actual number of the subcontracting hours specified on the cost line.

Forecast
Forecast Quantity

The cost object's quantity.

Unit

The cost unit.

Cost Amount

The total subcontracting costs. If you change the generated cost amount, the unit-cost rate is automatically adjusted.

Home Currency

The home currency in which cost amount is expressed.

Cost Amount in Home Currency

The cost amount in the home currency.

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.
Base Unit

The unit type used for cost determination.

Allowed values

Not Applicable
Quantity
Time
Note: 
  • This field is displayed only if the Services Procurement is set to Active or In Preparation in Implemented Software Components (tccom0100s000)session.
  • This field is enabled only if the Cost Determination field is set to Amount Only or Rate Only.
  • This field is set to Not Applicable if the Cost Determination field is set to Amount of Time or Quantity.
  • This value cannot be modified when used for a planned PRP order or when costs are booked based on this value.
Estimated Extra Costs

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

Note: You can view this field only if the Leading Forecast Method field is set to Estimated Extra Costs in the Project Accounting Parameters (tpppc0100s000) session.
Estimate to Complete

The estimate to complete value is the expected additional cost needed to complete an activity or project.

Note: You can view this field and is enabled 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 Completion value is used to determine what the cost is at the end of a project.

Note: You can view this field and is enabled 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 cost amount is approved. Only approved cost forecast reports are considered for cost control and interim results.

Note: After the forecasted amount is approved, LN does not allow you to modify the forecast data.
Variance
Variance

The project result.

Forecast Variance

The forecast project result.