| # 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. Registration Date The date of input for the forecast deviation of costs. Element The element code. Description The description or name of the code. Status The work authorization status of the element. Activity The activity code. Description The description or name of the code. Status The work authorization status of the activity. 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. Forecast Hours The number of hours for the forecast cost deviation. Cost Rate The cost rate currency. Cost Rate The cost rate code. Cost Amount The total labor costs. If you change the generated cost amount, the unit-cost rate is automatically adjusted. Cost Amount The home currency. Click Rotate Currency to see the amount in the other home currencies. Cost Amount The cost amount in the home currency. Currency Rate/Rate Factor The rate that belongs to the currency rate that is shown. Rate/Rate Factor The factor by which the amount in the transaction currency or the invoice currency is divided before ERP LN converts it to a home currency. A rate factor is often used for currencies that have a relatively low price, for example, Korean Won. Text If this check box is selected, a text is present. Est. Extra Costs The amount you enter here is the estimated extra costs on top of your current budget. Note If the leading forecast method is not EEC, this field displays a zero and the EEC cannot be used. Est. to Complete The expected additional cost needed to complete an activity or project. Note If the leading forecast method is not ETC or EAC, this field displays a zero and the ETC cannot be used. Est. at Completion The estimated cost at completion value is used to determine the cost at the end of a project. Note If the leading forecast method is not ETC or EAC, this field displays a zero and the EAC cannot be used. Budget The total budgeted amount of labor that is budgeted for the element or the activity. Performed The costs allowed against the budget. Performed The progress percentage. Actual The actual labor costs. 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. |