Refresh Time-Phased Forecast (Multi Project) - EcoSys - 3.01 - Help - Hexagon PPM

EcoSys Projects Help (3.01)

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This procedure recalculates the working forecast for the selected project based upon the selected project period. If the item is in progress, only the ETC value will be spread beginning after the selected project period. If rules defined in the above sections are not followed; for example, an object’s time-phasing End Date occurs before its Start Date, the Time-Phased Cost cannot be calculated.

First, expected actuals will be balanced against the working forecast for the selected period and the balance spread based upon the Balance Method. After the forecast variance is approved, these values become the base for the next period’s forecast.

Next, where time-phase settings have been updated, the project’s values will be spread between the Start Date and End Date based upon the selected Curve.

If the start date is prior to the current period, the new curve will still be calculated using the Start Date, but past period (approved) values will replace recalculated period values to maintain forecast integrity.

Finally, the forecast method will be used to calculate a new EAC and ETC. The new ETC and unexpected actuals will be spread based upon the Adjustment Method.

  1. Navigate to Forecasts > Multi Project Forecast.

  2. Click the Actions list and select Refresh Time-Phased Forecast (Multi Project).

  3. Click the Project Controller ellipsis to select the project controller.

  4. Click the Project Manager ellipsis to select the project manager.

  5. Click the Portfolio ellipsis to select the required portfolio.

  6. Click RUN and then OK.