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Oracle’s JD Edwards EnterpriseOne Advanced Job Forecasting
Create formulas, methods of computation, and forecasts to accurately calculate the projected final amounts and units associated with a specified job.
Create detailed forecasts to accurately calculate the projected final amounts and units associated with a specified job.
Use the Remaining Work feature when the best estimate you have for an account is the amount of remaining work that is required to complete a task.
Create detailed formulas and use them to build customized methods of calculations, which can be used when setting up the cost code structure for a job. This feature enables organizations to calculate projected final amounts in a manner that fits their unique needs.
The Advanced Job Forecast system saves a copy of each forecast to history tables each time the forecast status changes to In Review or Approved. The system enables your organization to easily allow review-only access to users who do not have authority to change a forecast.
System Features:
- View point-in-time financial data such as budgets, actuals, and open commitments
- Identify detailed remaining project work by project task
- Accurately assess remaining job costs through current/forecasted unit rates
- User-defined formulas and methods of computation
- Management oversight through reviews, approvals, and audit trails
Related Products
- Mobile Solutions
The data that is used in and created by the Advanced Job Forecasting module is available for use in several project management mobile applications.
- One View Reporting
The data that is used in and created by the Advanced Job Forecasting module is available for use in Project Costing reports in the One View Reporting system.
- In-Memory Applications
The data that is used in and created by the Advanced Job Forecasting module is available for use in the In-Memory Project Portfolio Advisor solution.