Forecast Settings

Project administrators can access the settings for Cost Management from Services in Project Admin. This article focuses on the Forecast settings:

• Navigate to Forecast Settings in Cost Management
• Cash Flow
  • Distribution Curves

Navigate to Forecast Settings in Cost Management

1. Click Module Selector .

2. Select the Services tab.

3. Select Cost Management in the left panel.

   Note: If you enter Project Admin directly from Cost Management, you start in this position.

4. The General secondary tab is selected by default. Switch to the Forecast tab.

   

Cash Flow

Here project administrators can set up forecast distribution for the cash flow in the Forecast tab.

First, choose between weekly and monthly distribution.

Distribution Curves

This section allows administrators to select what to include in the cash flow distribution. There are several options related to both the Budget and Cost.

For the Budget:

• Revised Budget: This includes the Original Budget, Internal Budget Transfer, and Approved Owner Changes.
• Projected Budget: This encompasses the same elements as the Revised Budget, in addition to Pending Owner Changes.
• Forecast Final Budget: This includes all the elements in the Projected Budget, plus Budget Forecast Adjustments. This curve is visible when project administrator set the budget forecast setting.

For the Cost:

• Revised Cost: This includes Commitments, Approved Change Orders, and Forecast Adjustments.
• Forecast Final Cost: This includes all the elements in the Revised Cost, plus Reserves and Pending Change Orders.