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How is the Current Budget Forecast Method calculated?
Forecast Total Cost = Current Budget
Forecast Total Cost = As-built Total Cost + (Current Budget Unit Rate * Current Budget Remaining Qty)
Forecast Total Cost = As-built Total Cost + (Current Budget Unit Rate * Current Estimate Remaining Quantity)
How does the Live Forecast receive updates?
They happen automatically
Push to live forecast from the Forecast data block title bar drop-down
Push to Live Forecast from the Actions drop-down menu
Viewed in the CBS change log
Who can a forecast be sent to?
Project Manager
Project Engineer
It automatically goes to everyone
Anyone you add to the list
Which data block do you use to compare forecasts?
Forecast
Forecast Delta
Forecast Comparison
Live Forecast
The fiscal calendar settings for Live Forecast are located under:
Organizational Breakdown Structure
Account code structure
Operational resources
Project settings
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
Additional Information
9977 N 90th Street, Suite 250 Scottsdale, AZ 85258 | 1-800-637-7496
© 2024 InEight, Inc. All Rights Reserved | Privacy Statement | Terms of Service | Cookie Policy | Do not sell/share my information