Review 

  1. How is the Current Budget Forecast Method calculated?

    1. Forecast Total Cost = Current Budget

    2. Forecast Total Cost = As-built Total Cost + (Current Budget Unit Rate * Current Budget Remaining Qty)

    3. Forecast Total Cost = As-built Total Cost + (Current Budget Unit Rate * Current Estimate Remaining Quantity)

  2. How does the Live Forecast receive updates?

    1. They happen automatically

    2. Push to live forecast from the Forecast data block title bar drop-down

    3. Push to Live Forecast from the Actions drop-down menu

    4. Viewed in the CBS change log

  3. Who can a forecast be sent to?

    1. Project Manager

    2. Project Engineer

    3. It automatically goes to everyone

    4. Anyone you add to the list

  4. Which data block do you use to compare forecasts?

    1. Forecast

    2. Forecast Delta

    3. Forecast Comparison

    4. Live Forecast

  5. The fiscal calendar settings for Live Forecast are located under:

    1. Organizational Breakdown Structure

    2. Account code structure

    3. Operational resources

    4. Project settings

Summary 

As a result of this lesson, you can:

  • Differentiate and utilize InEight forecasting methods

  • Manage forecasts

  • Manage Time Phased Forecasting

  • Push to Live Forecast

  • View the Fiscal Calendar settings