The system calculates organization forecast amounts from project resource requirements and assignments that you define in Oracle Project Resource Management. The forecast generation process rolls up the forecast amounts and reports these amounts as a forecast version in an organization project that is created by the system. Organization forecasting also includes a manual adjustment feature that enables you to amend the system-generated amounts. These versioning and adjustment capabilities enable you to define multiple forecast views for an organization that reflect many different planning assumptions.

The system calculates forecast amounts only for project labor. By defining and enabling transfer price rules for your organizations, you can generate forecasts that reflect internal revenue and cost amounts attributable to borrowed and lent resources.

Organization forecasting supports your internally-focused operations planning and management reporting activities. While these features may also support your externally-focused, enterprise-level financial planning processes, organization forecasting is not intended to replace this type of strategic planning.