Estimate to completion formula

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Diksha3
Kilo Contributor

‎10-21-2019 10:09 AM

how Estimate to completion and estimate at completion field are calculated on cost plan?

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Mustafa Hussain
ServiceNow Employee
ServiceNow Employee

‎10-21-2019 07:02 PM

 

Estimate at CompletionSum of all actuals from breakdowns of past fiscal periods added to the functional cost for future fiscal periods.

For example, the duration of a cost plan is from FY19 M01 to FY19 M12, and if you check the Estimate at Completion in the month of May, it is calculated as: Sum of actuals from Jan to April + Sum of functional cost from May to December.

Estimate to completion is calculated by aggregating the functional cost on the breakdowns of current and future fiscal periods

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Mustafa Hussain
ServiceNow Employee
ServiceNow Employee

‎10-21-2019 07:02 PM

 

Estimate at CompletionSum of all actuals from breakdowns of past fiscal periods added to the functional cost for future fiscal periods.

For example, the duration of a cost plan is from FY19 M01 to FY19 M12, and if you check the Estimate at Completion in the month of May, it is calculated as: Sum of actuals from Jan to April + Sum of functional cost from May to December.

Estimate to completion is calculated by aggregating the functional cost on the breakdowns of current and future fiscal periods

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Diksha3
Kilo Contributor

‎10-22-2019 03:33 AM

It is very Helpful.Thanks !!

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