- - | # Cost Forecast by Project The Cost Forecast report allows the project manager to analyze the expected future costs, the total cost required to complete the project and determine the budget variance. Select the required project to view the forecast data of the project at the activity level. To generate the report, specify: Currency Type The type of the currency based on which the report is generated. Company The code of the company. Project The project (range) for which the report is generated. Status The project status. Acquiring Method The method used to acquire the project. Financing Method The financing method used for the project. Business Sector The section of economy related to business and corporate organizations. Projects can be categorized based on the business sector. Geographical Area The geographical area associated with the project. Category The user-defined classification of the projects. Program A group of related projects managed in a coordinated way to obtain more benefits and control. Project Manager The employee who manages the project. The report displays this data: Budget The budget data is based on the last approved version in the BI. Actual Cost The cost data is populated from Infor LN Progress The project progress data is populated from Infor LN. Forecast Estimate To Complete (ETC) Estimate To Complete is the additional cost incurred for an activity or a project.
        Estimate To Complete = Estimate At Completion - Actual Cost
  - Estimate At Completion (EAC) Estimate At Completion is the total cost incurred for an activity or a project. Variance At Completion (VAC) Variance At Completion is the difference between the budgeted amount and the estimated amount at the end of the project.
        Variance At Completion = Budget - Estimate At Completion