Examples of Manual Forecast Calculations

This example demonstrates how statistical forecast calculations are performed in Cobra.

For the following examples of the different manual forecast calculations, assume the same sample data used for the examples of statistical forecast calculations:

Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Total
Budget 100 100 100 100 100 100 100 100 100 100 1000
Earned Value 100 75 75 75 100 75 100 100 700
Actual Costs 100 100 100 100 125 100 125 150 900

Manual Forecast (Retain EAC)

Assuming no user intervention, the following values are calculated.

ETC = Remaining spread ETC = 200

Manual Forecast (Retain EAC)

Assuming no user intervention, the following values are calculated.

EAC = 1000

ETC = EAC – ACWP = 1000 – 900 = 100