Validate Forecasts

*This sections explains how the different types of forecasts results that are created using different methods are validated\reviewed using forms designed to represent this data.

Validate Forecast Results

Planned Value Results

The effort from work breakdown structure lines is divided into the open days between the start date and end date and are inserted as forecast lines. Each time the batch is processed, the previous data is deleted and new data is inserted.

Earned Value Results

The effort above is divided into the open days between the start date and end date and are inserted as forecast lines. Each time the batch is processed, the previous data is deleted and new data is inserted.

Estimate to Complete Forecast Results

The effort above is divided into the open days between the start date and end date, and are inserted as forecast lines per worker, thus if there are 2 workers then the forecast lines, in case 10 are created, then two sets would be created. Each time the batch is processed, the previous data is deleted and new data is inserted.

Note – Only transaction of type hour has been considered for these calculations