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.
- 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.