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Achieve-ability Formula

We work on mostly time and materials projects that have fixed end dates. I'd like to know if there's a way to figure out how much revenue we can expect from the date we run the report until the due date, taking into account the resources utilisation % and billing rate. Hoping that formula combined with actuals will show us the forecasted over/under spend and what's achieve-able with the time remaining.

Any suggestions would be greatly appreciated!


Jena Greenman Answered

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There is a standard forecasting field called Revenue EAC that forecasts how much revenue you will have at the end of the project factoring in both scheduling performance (delays, etc.) and forecast accuracy.

Josh Santos 0 votes
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