Cost Forecast Method

Specify the method to use when initializing cost forecasts for contracts using JC Forecast Initialize. Click here for an overview on the forecasting options.

  • None - Select this method if you are not using the forecasting feature or if you will be entering forecasts manually.

  • Linear - Select this option to use the linear method when initializing forecasts. Initialization will spread the contract estimate amount equally over the life of the contract.

  • Curve - Select this option to use the curve method when initializing forecasts. Initialization will spread the contract estimate amount in defined increments over the life of the contract. Incremental amounts are based on the forecast intervals and the percent complete expected at the end of each interval.

 

 

JC Company Parameters

Forecasting Options - Overview