Post on 26-May-2020
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JD Edwards EnterpriseOne Advanced Job Forecasting Overview Presentation
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Program Agenda
Business Problem
Benefits
Targeted Industries and Companies
Features
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Job Forecasting - Business Problem
Project managers need additional, more detailed ways of forecasting for specific tasks/cost codes within a job/project Method to forecast in a way that reflects the
estimated remaining work Provide more detailed/traceable/auditable
backup of how the forecasted estimate-to-complete is derived
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Program Agenda
Business Problem
Benefits
Targeted Industries and Companies
Features
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4
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Business Problem
Initial estimates quickly become out of date
Costs/rates change over project life
Need to minimize cost overruns No control, structure or visibility into forecasts
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Business Needs
Project managers need:
Multiple forecasting methods
Create “what-if” scenarios
Project executives need: Status of monthly forecasts across portfolio A detailed/traceable/auditable backup of
how forecasts were derived
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Program Agenda
Business Problem
Benefits
Targeted Industries and Companies
Features
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4
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Advanced Job Forecasting Benefits
Minimize project cost and scope increases Timely forecast updates through status checks Accurately forecast remaining project costs
through forecasted unit rates Audit trail of forecast details Forecast calculations configurable to your
business
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Program Agenda
Business Problem
Benefits
Targeted Industries and Companies
Features
1
2
3
4
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Advanced Job Forecasting Targeted Industries and Companies
Targeted Industries Engineering & Construction Oil & Gas Other project-based companies
Targeted Companies Managing large projects Current companies already licensed for
Project Costing
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Program Agenda
Business Problem
Benefits
Targeted Industries and Companies
Features
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Advanced Job Forecasting High Level Features
Real-time visibility of job financials (Budgets, actuals, open commitments, pending change orders, billing)
Identify detailed remaining project work by project task (labor, material, other costs)
Accurately assess remaining job costs through current/forecasted unit rates User-defined Methods of Computation
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View project financials as of a
point in time
Filter based on tasks currently being
worked on
Manage forecast statuses
Use multiple forecasting methods
in each forecast
Advanced Job Forecasting Detailed Job Forecast
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Unlimited details below cost code
level
Remaining quantities and rates
Total used to update projected final
amounts at cost code level
Advanced Job Forecasting Remaining Work
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Advanced Job Forecasting Auditable History
History stored for In-Review and
Approved forecasts
Ability to build your own One View
reports
View forecast as of a point in time
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Formulas used across user-defined
MOCs
Access project financial
information across the enterprise
System helps build formulas for you
Advanced Job Forecasting User-Defined Formulas
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Advanced Job Forecasting User-Defined Oversight with Watchlists
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Date-effective MOCs
Easily build your own MOC
Ability to have multiple sets of
logic and formulas
Advanced Job Forecasting User-Defined Methods of Computation
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Date effective
If-Then-Else logic to create meet
business forecasting needs
Advanced Job Forecasting User-Defined Methods Of Computation
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Forecast Information
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• Job Status Inquiry
• Mobile Applications for Projects
• In-Memory Project Portfolio Advisor
• OVR for Project Costing
Ability to see select forecasting details across other project applications
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