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.
Identification
Field | Description |
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Project |
Enter a project or click to select one. The non-editable field to the right displays the project description. |
Date Updated
Field | Description |
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Incurred |
This non-editable field displays the date that incurred hours were updated for this project. When you run the Update Incurred Cost for ETC screen, the update date is written to the ETC Update table. This date is displayed here. |
Prev Est |
This non-editable field displays the date that estimates to complete were updated based on budgeted information for this project on the Compute Estimate to Complete screen. When you run the Compute Estimate to Complete screen, the update date is written to the ETC Update table. This date is displayed here. |
Project Totals
All fields in this group box are non-editable. To modify the data displayed, you must modify information entered in the table window.
Field | Description |
---|---|
Incurred |
The total incurred hours for all PLCs are summed here. |
Est to Compl |
The total estimate-to-complete hours for all PLCs are summed here. |
LREAC |
The total LREAC hours for all PLCs are summed here. |
% Compl |
The overall percent complete for all PLCs on this project is displayed here. |
Prev Estimate |
The total previously estimated hours for all PLCs are summed here. |
Total |
Click this button to refresh the Project Totals group box. |
Project Labor Category Details
Field | Description |
---|---|
PLC |
Enter a PLC or click to select one. |
PLC Description |
This non-editable field displays the description of the PLC. |
Incurred |
This non-editable field displays the cumulative actual hours incurred for this project and labor category. |
Est to Compl |
Enter the estimate-to-complete hours for this PLC. The hours may have been calculated for you by the Compute Estimate to Complete screen if you elected to update ETCs based on subtracting actual incurred from budgets. When you enter the hours, Costpoint recalculates the Latest Revised Estimate At Completion (LREAC) by adding Incurred and Est-to-Compl. |
LREAC |
Enter the LREAC hours for this PLC. These hours may have been calculated for you by the Compute Estimate to Complete screen if you elected to update ETCs based on subtracting actual incurred from budgets. When you enter the hours, Costpoint recalculates the Est-to-Compl hours by subtracting Incurred from LREAC. The formula is: LREAC = Incurred + ETC. |
% Compl |
Enter the percent complete for this PLC. These hours may have been calculated for you by the Compute Estimate to Complete screen if you elected to update ETCs by subtracting actual incurred from budgets. When you enter a percent, Costpoint recalculates the LREAC by dividing Incurred by % Compl, and recalculates the Est-to-Compl hours by subtracting Incurred from LREAC. |
Prev EAC |
This non-editable field displays the previous estimate-at-completion hours updated by the Compute Estimate to Complete screen. The utility copies the previous hours to this field before updating with the new EAC hours. |
Prev % |
This non-editable field displays the previous percent complete based on the previous estimate. |
Budget |
This non-editable field displays the total budget in hours for this Project and PLC from the Manage Project Total Budget screen. |
Last Update |
This non-editable field displays the last time this PLC was updated with new ETC hours, LREAC hours, or % Compl. |
Subtasks
Subtask | Description |
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Revise Estimate-To-Complete | Click this link to open a subtask where you can revise ETC hours for the selected project. |