Update Project Estimates from Forecast

Hi Patrick,
Not sure what you are running.

Is it that you have a Budget not you want to estimate a new forecast based on Actual cost and progress?

So as example, you have a budget line, Budget 1000, actual 600 progress 50% => new ETC = 600 => EAC 1100. To be filled in into the new forecast?

Or do you want to change the budget based on a new Estimate because the scope has changes. So we need to do twice as much so the new budget (EAC) becomes 2000 ?

Regards Erik

I have a Budget and I want to update the estimates on the Project Activity with those numbers.  Does that help?

Patrick

Aha you want to update the estimated cost on the activity with the value of the Budget.

Core does not do that since the budget can be a Project or sub project level, and also on a higher node in the CBS. So you could not write that back to the estimated cost per activity per Project Cost Element.

But it is a simple CRIM item, as soon as you activate the new budget, run a you to delete the estimated costs, and fill them again with the values of the Budget, as long as your budget is at the activity level only, and at Cost Element Level 

I think we tried something like this for a customer.

Does that help?

Regards Erik