New functionality has been introduced to allows users to view the estimated costs/hours based on either WBS, Resourcing or Manual forecast. User is provided with a new Fee management form’s view where Estimated hours/cost To Complete (ETC) as well as Estimated hours/cost At Completion (EAC) are available. This view allows users to compare the actual versus estimated along with the revenue deviations per project. Revenue adjustments can be calculated based on the ETC percentage for fixed fee and progress projects. ETC information is available from billing schedule as well.
This feature is parameter controlled. Forecast models and Forecast calculation method can be specified on the parameters form to view the revenues generated from each kind of calculation methods.