The Cost Management Module of the project will have two Summary Info pages; each serving a different purpose for data presentation. The first Summary Info page is its own section within the Cost Management module. The second location is within the Forecasting and Variance section and will be unique to each Forecasting and Variance worksheet.
- Summary Info Module - The Projected Margin will compare the latest Total Pending and Approved Contract Amount against the most current Forecast. Understand that the Forecast information is "static" in the module Summary Info. The Projected Margin will fluctuate as they update the Forecast numbers and/or Contract Change Orders numbers and/or Accounting JTD change to the last sync.
- Forecasting Variance - Summary Info - The Projected Margin will compare the Total Pending and Approved Contract Amount against the Forecast as it existed when the Forecast was created. The Projected Margin will fluctuate as they update the Forecast numbers. When the Forecast is completed the Projected Margin would be accurate as of the date the Forecast was created because both the Forecast and the Project Summary left box, use the same Contract Change order numbers and Accounting JTD.
