This procedure allows you to establish a forecast method manually for each cost control object. If an object has a Cost Control Level assignment, the Forecast Method column will appear in yellow background. If a forecast method is not assigned, the Forecast Method will default to Current Forecast.
-
When the Forecast Method is modified, run the Refresh Time-Phased Forecast action.
-
For Contingency line items, the Forecast Method is set to read-only after running the Refresh Time-Phased Forecast action.
-
Navigate to Forecasts > Forecast.
-
Click the Forecast tab.
-
Click the Forecast Method ellipsis to select the required forecast method. The available forecast methods are listed below:
-
AC + Open Commitment
-
Current Budget
-
Current CPI
-
Current Forecast
-
Greater of EAC or AC
-
Manual Details
-
Manual EAC
-
Manual ETC
-
Manual Factor
-
P6 Forecast Cost
-
Project Default
-
Schedule
-
Time Phased Forecast
By default, the Forecast Method is selected as Current Budget for Contingency line items. This is a read-only attribute for Contingency line items.
-
-
Click SAVE.
The columns that contain data used to generate the forecast appears in a green background.