Create Project Forecast Lines
Explanation
Forecast lines contain the amounts retrieved from cost/revenue elements and occasionally by code parts if code
parts have been defined as mandatory in code part demands for cost elements. A project forecast may consist of a
number of lines for each cost/revenue element.
This activity is used to create forecast lines. It is possible to create forecast lines in both Project
Forecast and EAC Workbench pages. The created lines can be reviewed and confirmed in the
Project Forecast.
Prerequisites
- Cost/revenue elements for the project should be defined.
- The project forecast version should exist with its status as Preliminary.
- If the forecast lines are created in the EAC Workbench, it should be in In Progress
status.
- Spread profiles should be defined in the Project Spread Profile, if spreading should be done automatically by
using spread profiles.
System Effects
- The forecast line will be in Under Review status.
- If a spread profile is entered on the forecast line the ETC amount is spread over the accounting periods
between (and including) Start Date and End Date. The spreading is done according to the distribution curve in the
spread profile.