Project Cost Projections: Related Forms, Reports, and Inquiry Forms
In the following sections, you can find details about the reports and inquiry forms you may want to review to gather information about the projected costs of a project.
Reviewing the Projected Costs of a Project
You can view a report of the work in progress for a project with the cost projection details. To do this, on the Construction Bonding Report (PM650500) report form, you select the project, specify By Cost Projection in the Planned Cost Estimation box, and run the report. The prepared report shows columns with the projected costs to complete and the projected costs at completion.
Reviewing the Work-in-Process Information
You can view a report of the work in progress for a project with the cost projection data. To do this, on the Cost Projection (PM305000) form, you open the needed cost projection revision and click Project WIP Detail on the More menu. The system generates and opens the Project WIP Detail (PM652500) report, which includes columns with the projected costs from the last cost projection revision or date-sensitive cost projection that has been released for the project.
The report also shows the impact of the projected amounts on the current project and helps you to analyze whether particular project tasks are overbilled or underbilled in relation to the current progress of completion of these project tasks.
Reviewing the Latest Cost Projections for a Particular Date
On the Cost Projections by Date Report (PMGI3055) inquiry form, you can review the last cost projection for the specified date. The table contains a row for each project. In the row, you can see the released date-sensitive cost projection with the latest projection date that is earlier than the date that you have specified in the Actual to Date box.
Viewing Enhanced Project Analytics
To get detailed information about the costs and revenues of a particular project for a period, you select the project on the Project Financial Vision (PM405000) form. The form shows aggregated project transactions for the selected period that are grouped by the criteria that you define in the Selection area. You can do any of the following to align the analysis with your needs for information:
- Change the selection criteria, such as the period for which the data is gathered
- Group the data by project task, account group, inventory ID, and cost code to investigate cost anomalies
- View a project dynamics chart for the selected period by clicking Show Chart on the form toolbar