Custom forecast method calculations

You can create custom forecast methods at both the organization and project levels. The forecast methods are customized by configuring your own calculations. Custom forecast methods created at the organization level are inherited in new projects and can only be managed at the organization level. Custom forecast methods created at the project level can only be viewed and managed at the project level.

To create a custom Forecast Method, click the Add custom forecast method button. Enter the Forecast method name, Forecast total cost and Forecast total Mhrs calculations manually or click the Formula icon to choose from the list. You can create a maximum of 10 custom organization and project level forecast methods each at one time.

In the CBS you can select your custom forecast method in the Forecast method column of the cost item, which updates the Forecast total cost and Forecast total Mhrs based on the forecast method’s custom calculations.

Enable Forecast methods based on Allow as-built selections

You can select which forecast methods can be used based on the allow as- built settings, for both terminal and non-terminal cost items.

There are multiple forecasts that allow as-built options to choose from to help you configure your forecasted cost items, in addition to the existing available Control forecasting methods. When an option is disabled, that method is not available to select for cost items with the allow as-built selected.