Defining Forecasting Implementation Options

To define implementation options for organization forecasting, perform the following steps:

  1. Log in using the Applications Project Resource Management Super User responsibility.

  2. Navigate to the Organization Forecast Options tabbed region in the Forecasting Implementation Options window.

  3. Select whether to report forecast amounts by PA or GL period.

  4. Specify a starting period to define the first period of your forecasts.

    A starting period can be the current period or any future period. You must periodically update the starting date in order to reflect the appropriate forecast periods on your forecast entry and view pages.

  5. Specify the number of periods to include in forecasts.

    This parameter indicates the number of periods to include in the forecast beginning with the specified starting period. Together, the starting period and number of periods option control the display of forecast periods on forecast entry and view pages.

  6. Specify the project template to use for creating organization projects.

  7. Specify an amount rollup option.

    When you select Weighted Numbers, the system factors (discounts) revenue, internal revenue, cost, and internal costs by project probability percentages. When you select Full Numbers, the system does not factor the forecast amounts.

  8. Save your work.