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difference in plan and forcast curve

Ji WeiMember for 16 years 5 months
Created
4
4
0

we have established the weekly report by excel database, and form the plan and forcast curve.

I want to ask the difference between the plan and forcast curve?

When should I input the forcast data?

Thanks

4 replies

Oldest first
  1. 0
    Gary Whitehead ·

    plan curve uses your baseline

    plan curve uses your baseline dates, and hence does not change (unless you rebaseline)

    forecast curve uses your latest update dates. Input the forecast data each week as the schedule is updated.

  2. 0
    Ji Wei ·

    Thanks for your reply! but if

    Thanks for your reply!

    but if I update each week with new data, so what's the difference between actual curve. By the way, all our curve was formed by completed work quantities.

     

  3. 0
    Gary Whitehead ·

    actual and forecast are

    actual and forecast are both parts of the same curve -actual part of it for the past, forecast for the future.

  4. 0
    Khaja Sharief ·

    Plan Curves represent the

    Plan Curves represent the baseline plan

    Forecast curve will project the plan of remaining work in light of till date progress and future outlook.

    i.e. forecast curve = actual curve + plan for the remaining work

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