Manage Estimate To Complete PLC Hours
Use this screen to enter, revise, and report hours required to complete ongoing projects.
Additionally, you can update incurred hours on their ETCs with inception-to-date actual hours from the labor history. To use budgeted hours as estimate-at-completion values, update this screen with values entered on the Manage Project Total Budget screen. An in-depth step-by-step instruction guide is provided as part of the "Estimate to Complete" topic.
In this maintenance screen, you can enter and maintain the estimate to complete, the Latest Revised Estimate at Completion (LREAC), or the percent complete at the project/PLC level. By entering any one of these components, the other two components are automatically calculated. The following is a summarization of the calculations that the screen performs:
- ETC = LREAC - Incurred
- LREAC = Incurred + ETC
- Pct Complete = Incurred/LREAC
Run the Update Incurred Cost for ETC screen before using this screen to update the incurred costs and hours with actuals. If ETCs are based on budgeted hours, run the Compute Estimate to Complete screen as well. Then, as estimates for individual PLCs change, make the modifications in this screen.
- Related Topics:
- Display the Manage Estimate To Complete PLC Hours Screen
You access the Manage Estimate to Complete PLC screen from the Projects domain. - Contents of the Manage Estimate To Complete PLC Hours Screen
Use the fields and options to configure the Manage Estimate to Complete PLC Hours screen. - Table Information for the Manage Estimate To Complete PLC Hours Screen
Changes to the Manage Estimate to Complete PLC Hours screen update the ETC_PLC_HRS table. - Subtask of the Manage Estimate to Complete PLC Hours Screen
The Manage Estimate to Complete PLC Hours screen has the Revise Estimate-To-Complete subtask.