Project Budget Forecasts: Generation of Periods

For a forecast revision selected on the Project Budget Forecast (PM209600) form, you can make the system automatically add financial periods for all the project budget lines listed in the table according to the selection criteria specified in the Selection area. When you click Generate Periods on the form toolbar, for each line listed in the table, the system adds periods of the master calendar in the range of periods that it selects as follows:

  • As the starting financial period of the range, the system selects the earliest of the following periods, subject to the additional conditions specified:
    • The financial period to which the Planned Start Date of the project task, which has been specified on the Project Tasks (PM302000) form, belongs.
    • The earliest financial period to which actual amounts, including amounts of unreleased transactions, or change order amounts of the budget lines related to the project task belong.
    • The financial period to which the Start Date of the project task, which has been specified on the Tasks tab of the Projects (PM301000) form, belongs. This option is applicable only if no planned start date is found for the project task and no actual or change order amount has been posted for the project budget lines related to the project task.
    • The financial period to which the Start Date of the project, which has been specified on the Summary tab of the Projects form, belongs. This option is applicable only if no start date is found for the project task.
  • As the ending financial period of the range, the system selects the latest of the following periods:
    • The financial period to which the Planned End Date of the project task, which has been specified on the Project Tasks form, belongs
    • The latest financial period to which actual amounts, including amounts of unreleased transactions, or change order amounts of the budget lines related to the project task belong

Each financial period added for a project budget line of the forecast revision has quantities and amounts of zero.