| # Labor Cost Forecast (tpppc2136s000) Use this session to maintain cost forecast for the combination of the project and the registration date for different labor codes. These values are used to compute forecast amounts in control enquiries and report sessions. Note All amounts are valid for the combination of cost object and element/activity. Related topics To register cost forecast Project The project code. Description The description or name of the code. Status The project status. Allowed values Project Status Construction Registration Date The date of input for the forecast deviation of costs. Cost Object Element The element code. Description The description or name of the code. Element Status The work authorization status of the element. Allowed values Work Authorization Status Activity The activity code. Description The description or name of the code. Activity Status The work authorization status of the activity. Allowed values Work Authorization Status Labor The labor code. Description The description or name of the code. Cost Component The cost component code. Description The description or name of the code. Labor Type The hourly labor type code. If you change the value of this field, the cost rate is recalculated on the basis of the new surcharge percentage. The formula is:
    Cost Rate = Old Cost Rate * (1 + (Surcharge
    		  Percentage/100) )
Description The description or name of the code. Cost Rate The cost rate currency code. Cost Rate The cost rate code. Currency Rate/Rate Factor The rate that belongs to the currency rate that is displayed. Rate/Rate Factor The rate factor. Text If this check box is selected, a text is present. Cost Budget The total budgeted amount of labor that is budgeted for the element or the activity. Earned Value The costs allowed against the budget. Phys. Progress The progress percentage. Actual The actual labor costs. Forecast Forecast Hours The number of hours for the forecast cost deviation. Cost Amount The total labor 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. Estimated Extra Costs The amount you enter here is the estimated extra costs on top of your current budget. Note You can view this field only if the Leading Forecast Method field is set to Estimated Extra Costs in the Project Progress Parameters (tpppc0100s000) session. Estimate to Complete 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 Progress Parameters (tpppc0100s000) session. Estimate at Completion The estimated cost at completion value is used to determine the cost 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 Progress 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. Default Cost Rate Use this function to read the default cost rate for this item into the displayed record. Print Cost Forecast by Cost Object Starts the Print Cost Forecast by Cost Object (tpppc2416m000) session which prints the forecast for the final result. |