Costs to Complete for General Costs Activities 

Prerequisites

The activity is assigned to a WBS element.

The activity must be flagged as "costing relevant", using the control key.

Features

The updated residual costs (or "costs to complete") are calculated on the basis of planned costs in the general costs activity. The system records the value so determined, by period, in the forecast version. If there are no actual or commitment values, the estimated costs at completion are the same as the costs to complete.

The system determines the costs to complete as follows:

No actual costs have been posted for the activity

The planned costs are the same as the costs to complete. The system records the costs to complete as follows:

The system records the costs to complete in line with the distribution key for the activity or the dates from the invoicing plan, beginning with the activity start date.

The system uses the distribution key in the activity to distribute the planned work to the period between the key date in the cost forecast and the planned activity finish.

The system records the planned costs in the activity as of the key date period.

If the activity has an invoicing plan, cost are distributed as follows:

The planned costs for the activity are recorded in the period of the key date.

Actual costs have been posted for the activity

The system determines the costs to complete as the difference between the planned costs and actual costs and records them by period. The system uses the distribution key in the activity to distribute the overall value in the activity over the period between the key date in the cost forecast and the activity finish date.

Actual costs exceeding the planned costs have been posted to the activity.

The system sets costs to complete at zero. The estimated costs at completion are the same as the actual costs in the activity.