How is the estimate at completion figure calculated for different user preference settings?
Let’s take a project that runs from January to December and say the current month is
August:
Calculation
month |
Use maximum of actual vs forecast |
Forecast month |
Calculation |
Two months ago |
Yes |
– |
Actuals(Jan to May)+Max(Actuals(Jun) vs Forecast(Jun)) +
Forecast(Jul to Dec) |
Last month |
Yes |
– |
Actuals(Jan to Jun)+Max(Actuals(Jul) vs Forecast(Jul)) +
Forecast(Aug to Dec) |
Current month |
Yes |
– |
Actuals(Jan to Jul)+Max(Actuals(Aug) vs Forecast(Aug)) +
Forecast(Sep to Dec) |
Next month |
Yes |
– |
Actuals(Jan to Aug)+Max(Actuals(Sep) vs Forecast(Sep)) +
Forecast(Oct to Dec) |
Two months ago |
No |
One month before |
Actuals(Jan to Jun)+Forecast(May to
Dec) |
Two months ago |
No |
Same month |
Actuals(Jan to Jun)+Forecast(Jun to Dec) |
Two months ago |
No |
One month after |
Actuals(Jan to Jun)+Forecast(Jul to Dec) |
Last month |
No |
One month before |
Actuals(Jan to Jul)+Forecast(Jun to
Dec) |
Last month |
No |
Same month |
Actuals(Jan to Jul)+Forecast(Jul to Dec) |
Last month |
No |
One month after |
Actuals(Jan to Jul)+Forecast(Aug to Dec) |
Current month |
No |
One month before |
Actuals(Jan to Aug)+Forecast(Jul to
Dec) |
Current month |
No |
Same month |
Actuals(Jan to Aug)+Forecast(Aug to Dec) |
Current month |
No |
One month after |
Actuals(Jan to Aug)+Forecast(Sep to Dec) |
Next month |
No |
One month before |
Actuals(Jan to Sep)+Forecast(Aug to
Dec) |
Next month |
No |
Same month |
Actuals(Jan to Sep)+Forecast(Sep to Dec) |
Next month |
No |
One month after |
Actuals(Jan to Sep)+Forecast(Oct to Dec) |
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