1. Equipment Rental
  2. Rental Management
  3. Flows

Forecast project
Activity Flow

A project can be forecasted in two ways, these are either with or without a Work breakdown structure. The Work breakdown structure is used to estimate the costs, revenue and allocate resources to a project. If the no WBS is used, then the user must manually add the forecasted lines to a project. This flow describes both options.

Project manager Project manager Start Start Add hour forecast Add hour forecast Prerequisite: An existing project must be available. Procedure 1. Go to Project management and accounting > Projects > All projects. 2. Use the Quick Filter to find records. For example, filter on the Project ID field with a value of 'DEMF-011757'. 3. In the list, mark the selected row. 4. Click Hour forecasts. 5. Click New. 6. In the list, mark the selected row. 7. In the Forecast model field, enter or select a value. 8. In the Category field, enter or select a value. 9. In the Role ID field, enter or select a value. 10. In the Hours field, enter a number. 11. Click Save. 12. Close the page. Add expense forecast Add expense forecast Prerequisite: An existing project must be available. Procedure 1. Go to Project management and accounting > Projects > All projects. 2. Use the Quick Filter to find records. For example, filter on the Project ID field with a value of 'DEMF-011757'. 3. In the list, mark the selected row. 4. Click Expense forecasts. 5. Click New. 6. In the list, mark the selected row. 7. In the Forecast model field, enter or select a value. 8. In the Category field, enter or select a value. 9. In the Cost price field, enter a number. 10. Click Save. 11. Close the page. Hours forecast exists? Hours forecast exists? Expense forecast exists? Expense forecast exists? Item forecast exists? Item forecast exists? Add item forecast Add item forecast Prerequisites:A project must already exist. Procedure 1. Go to Project management and accounting > Projects > All projects. 2. Use the Quick Filter to find records. For example, filter on the Project ID field with a value of 'DEMF-011757'. 3. In the list, mark the selected row. 4. Click Item forecasts. 5. Click New. 6. In the list, mark the selected row. 7. In the Model field, enter or select a value. 8. In the Item number field, enter or select a value. 9. In the Site field, enter or select a value. 10. In the Warehouse field, enter or select a value. 11. Click Save. 12. Close the page. Add fee forecast Add fee forecast Prerequisite: An existing contract must be available with a billing rule. Procedure 1. Go to Project management and accounting > Projects > All projects. 2. Use the Quick Filter to find records. For example, filter on the Project ID field with a value of 'DEMF-011757'. 3. In the list, mark the selected row. 4. Click Fee forecasts. 5. Click New. 6. In the list, mark the selected row. 7. In the Forecast model field, enter or select a value. 8. In the Sales price field, enter a number. 9. Click Save. 10. Close the page. Fee forecast exists? Fee forecast exists? End End WBS exists? WBS exists? Transfer the WBS to a forecast Transfer the WBS to a forecast Procedure 1. Go to Project management and accounting > Projects > All projects. 2. Use the Quick Filter to find records. For example, filter on the Project ID field with a value of 'DEMF-011757'. 3. In the list, mark the selected row. 4. Click Transfer from WBS. 5. In the list, mark or unmark all rows. 6. In the Forecast model field, enter or select a value. 7. Click OK. 8. Close the page. No Yes No Yes No Yes  No Yes No Yes

Activities

Name Responsible Description

Add hour forecast

Project manager

Prerequisite:

An existing project must be available.

Add expense forecast

Project manager

Prerequisite:

An existing project must be available.

Add item forecast

Project manager

Prerequisites:

A project must already exist.

Add fee forecast

Project manager

Prerequisite:

An existing contract must be available with a billing rule.

Transfer the WBS to a forecast

Project manager

Activities

Name Responsible Description

Add hour forecast

Project manager

Prerequisite:

An existing project must be available.

Add expense forecast

Project manager

Prerequisite:

An existing project must be available.

Add item forecast

Project manager

Prerequisites:

A project must already exist.

Add fee forecast

Project manager

Prerequisite:

An existing contract must be available with a billing rule.

Transfer the WBS to a forecast

Project manager
Related to Notes

Forecast project

 		 

Fixed-price projects

 		 

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