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Update the Project Forecast

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CurtisD
Contributor.

Update the Project Forecast

Hello,

I am trying to figure out how to update the forecast of our projects. Our current set up is we are calculating the forecasted labor cost from the staffing profile and entering the actuals manually as an added cost line in the financial summary.

What I would like is the forecast to be based on the manual actuals entered up until the present day and the forecasted budget from the staffing profile after that for the rest of the year. Is this possible?

Thanks in advance! 

1 REPLY
CurtisD
Contributor.

Re: Update the Project Forecast

This is what I am looking for:

EAC = AC + PCWR
 
with 
AC: The actual cost at the current time moment (i.e. AT = actual time)
PCWR:  Planned Cost of Work Remaining as an estimate for the future