Project Cost and Forecast

Abstract:

Costing and forecasting on a project is essential for understanding the project financials, a true and accurate Project Cost and Forecast Report is critical for the company to predict company financial outlook and manage budget for the ongoing and upcoming fiscal year. This page explains the idea and reason behind the costing and forecasting on projects. For general guide-lines on How-To of the Project Cost and Forecast in Viewpoint Job Cost: Cost Projection, navigate to here.

Report:

The project cost and forecast (PCF) report is a document that contains confidential information of the project's financial status. The PCF report is

ONLY DRAFT BELOW

Progress Tracking and Entering

Project cost and forecasting relies on accurate field record tracking. Although this module will function without complete this, it is still recommended to do the quantity tracking as a good habit. The quantity tracking module can be found in Job Cost Section called "JC Progress Entry".

Once all the progress has been entered, go to progress batch, and commit this batch to the month of which the work was completed.

Start a new batch

• no one in it
• for the last month, ie, report in august then batch should be in July

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Introduce the data entering section insert <gif>

Demonstrate the actual vs remaining, this is tied with the field progress tracking we did previously. Try change the remaining units, or hours, or cost directly. or change the over/under.