What is activity forecast data in SAP PS - Project System?

SAP Term: activity forecast data

• Component: PS

• Component Name: Project System

• Description: The activity data, expected during the project. Forecast data in the activity includes: Dates Minimum and maximum durations Work Start and finish dates and times Constraints

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• Key Concepts: 
  Activity forecast data is a feature of the SAP Project System (PS) component. It is used to forecast the amount of work that needs to be done for a project, based on the planned activities and resources. The activity forecast data is used to create a budget for the project, and to track the progress of the project. 
  
  How to use it: 
  Activity forecast data can be used in SAP PS to create a budget for a project. This data can be used to estimate the amount of resources needed for each activity, and to track the progress of the project. The activity forecast data can also be used to compare actual costs with planned costs, and to identify any potential problems or delays in the project. 
  
  Tips & Tricks: 
  When creating an activity forecast, it is important to consider all of the resources that will be needed for each activity. This includes both human resources and materials. It is also important to consider any potential risks or delays that could affect the project timeline. 
  
  Related Information: 
  Activity forecast data is closely related to resource planning in SAP PS. Resource planning is used to plan and manage resources for a project, including both human resources and materials. Resource planning can help ensure that all of the necessary resources are available when they are needed, and can help identify any potential risks or delays in the project timeline.