<?xml version="1.0" encoding="utf-8"?>
<ManualTopic ID="/baanerp/tp/onlinemanual/000094" xml:lang="en">
	<Header>
		<Title xmlns:ssa="http://www.ssaglobal.com" xmlns:HTML="http://www.w3.org/TR/REC-html40">How to use cost forecast</Title>
		<Keyword><Level1>Earned value related data</Level1>
		</Keyword>
		<Keyword><Level1>estimates</Level1>
		</Keyword>
		<Keyword><Level1>forecast</Level1>
			<Level2></Level2>
		</Keyword>
	</Header>
	<GeneralSection><List><ListIntro>SSA ERP uses one of the following methods for a project cost forecast. The method is determined by the Leading Forecast Method list in the <GUIRef href="/baanerp/tp/ppc/tpppc0500m000" role="session">PPC Parameters (tpppc0500m000)</GUIRef> session:</ListIntro>
			<ListItem><Link href="/baanerp/tp/glossary/glossary#000350" role="glossary">Estimate-at-completion</Link> (EAC): The expected total cost at the end of the project.</ListItem>
			<ListItem><Link href="/baanerp/tp/glossary/glossary#000330" role="glossary">Estimate-to-complete</Link> (ETC): The expected cost for the remaining work.</ListItem>
			<ListItem>Estimated-extra-costs (EEC): The total expected cost for all remaining work that is not yet budgeted. The decision of the Leading Forecast Method results in different representations of the forecast in:</ListItem>
			<ListItem><GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tp/pss/tppss0701m000" role="session">Display Financial Analysis (Graph) (tppss0701m000)</GUIRef>.</ListItem>
			<ListItem><GUIRef href="/baanerp/tp/ppc/tpppc2260m000" role="session">Generate Financial Interim Results (tpppc2260m000)</GUIRef>.</ListItem>
		</List>
		<List><ListIntro><Emphasis>If the leading forecast method is the estimate at completion (EAC)</Emphasis>:</ListIntro>
			<ListItem>The estimated extra cost (EEC) is not displayed during entry of the Estimate at completion (EAC).</ListItem>
			<ListItem>The variance at completion (VAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef> session, the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef> session, and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> session is: Budget at completion (BAC) - Estimate at completion (EAC).</ListItem>
			<ListItem>The forecast cost in the <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef> session shows the entered forecast amount and forecast quantity.</ListItem>
			<ListItem>The estimate at completion (EAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef> session and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> session shows the entered forecast amount.</ListItem>
			<ListItem>The entered forecast amount can be displayed as planned cost in the <GUIRef href="/baanerp/tp/pss/tppss0701m000" role="session">Display Financial Analysis (Graph) (tppss0701m000)</GUIRef> session. The entered Estimate at completion (EAC) is transferred to an Estimate to complete (ATC) figure. The following calculation is used: Estimate to complete (ETC) = Estimate at completion (EAC) - Actuals.</ListItem>
			<ListItem>In the tpppc2260m000 session, the forecast amount is taken into account. The entered Estimate at completion (EAC) is transferred to an Estimate to complete (ETC). The following calculation is used: Estimate to complete (ETC) = Estimate at completion (EAC) - Actuals.</ListItem>
		</List>
		<List><ListIntro><Emphasis>If the leading forecast method is Estimate to complete (ETC)</Emphasis>:</ListIntro>
			<ListItem>The Estimated extra cost (EEC) is not displayed during entry of the Estimate to complete (ETC).</ListItem>
			<ListItem>The Variance at completion (VAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef> session, the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef> session, and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> session is:</ListItem>
			<ListItem>Budget at completion (BAC) - Estimate to complete (ETC)- Actual costs.</ListItem>
			<ListItem>The <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef> session shows the entered forecast amount and forecast quantity.</ListItem>
			<ListItem>The Estimate at completion (EAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef> session and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> session is calculated from the entered forecast amount. The formula used in this calculation is Estimate at completion (EAC) = Actuals + Estimate to complete (ETC).</ListItem>
			<ListItem>In the <GUIRef href="/baanerp/tp/pss/tppss0701m000" role="session">Display Financial Analysis (Graph) (tppss0701m000)</GUIRef> session, the entered Estimate to complete (ETC) forecast amount can be displayed as planned cost.</ListItem>
			<ListItem>In the <GUIRef href="/baanerp/tp/ppc/tpppc2260m000" role="session">Generate Financial Interim Results (tpppc2260m000)</GUIRef> session, the Estimate to complete (ETC) forecast amount can be taken into account.</ListItem>
		</List>
		<List><ListIntro><Emphasis>If the leading forecast method is Estimated extra cost (EEC)</Emphasis>:</ListIntro>
			<ListItem>During entry of the forecast, the values of the other forecast methods are not calculated and shown as zero.</ListItem>
			<ListItem>The Variance at completion (VAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef>, the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef>, and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> is Cost variance (CV) - Estimated extra cost (EEC). Where Cost variance (CV) is performed (BCWP) - Actuals.</ListItem>
			<ListItem>The forecast cost in the <GUIRef href="/baanerp/tp/ppc/tpppc4850m000" role="session">Control Inquiries (tpppc4850m000)</GUIRef> session shows the entered forecast amount and forecast quantity.</ListItem>
			<ListItem>The Estimate at completion (EAC) in the <GUIRef href="/baanerp/tp/ppc/tpppc5840m000" role="session">Performance Measurement (tpppc5840m000)</GUIRef> session and the <GUIRef href="/baanerp/tp/pss/tppss0702m000" role="session">Performance-Measurement using EVM (Graph) (tppss0702m000)</GUIRef> session cannot be calculated and is set to zero.</ListItem>
			<ListItem>In the <GUIRef href="/baanerp/tp/pss/tppss0701m000" role="session">Display Financial Analysis (Graph) (tppss0701m000)</GUIRef> session, the entered Estimated extra cost (EEC) forecast amount can be displayed as additional planned cost on top of the budget.</ListItem>
			<ListItem>In the <GUIRef href="/baanerp/tp/ppc/tpppc2260m000" role="session">Generate Financial Interim Results (tpppc2260m000)</GUIRef> session, the Estimated extra cost (EEC) forecast amount can be taken into account.</ListItem>
		</List>
	</GeneralSection>
</ManualTopic>
