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What is planned cost column in the Hierarchy tab.

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  • 1.  What is planned cost column in the Hierarchy tab.

    Posted 10-06-2017 03:25 PM

    Hi,

     

    What does the Planned cost column in the Hierarchy tab indicates? Is it the Forecast which we see in the Cost plan ?

     

    Please advice.

     



  • 2.  Re: What is planned cost column in the Hierarchy tab.

    Broadcom Employee
    Posted 10-07-2017 12:54 PM

    The Planned Cost values in hierarchy should be same as Financial plan Cost Plan or Planned Cost from Financial Summary Page.

     

     

    Thanks

    Senthil



  • 3.  Re: What is planned cost column in the Hierarchy tab.

    Broadcom Employee
    Posted 10-08-2017 07:05 AM

    Yes, it is the total planned cost from the Planned of Record cost plan of your investment. Or the total planned cost in your simple budget if you don't have a cost plan.



  • 4.  Re: What is planned cost column in the Hierarchy tab.

    Posted 10-11-2017 01:21 AM

    Hi ,

     

    Can it be defined in this way " It is the Total Forecast entered from Project start date to End date " ?

     

    Thanks,

    Santosh.



  • 5.  Re: What is planned cost column in the Hierarchy tab.
    Best Answer

    Broadcom Employee
    Posted 10-11-2017 01:53 AM

    Hi,

     

    I would say, "the total forecast COST of your Plan of Record Cost Plan" (note that the start & end date of the cost plan can be different than the project start & end date, if it's not the case for you, then you can  say Project Start & End).

     

    Forecast can hold other values than cost (e.g.revenue).

     

    Anthony