What is forecast date in SAP PS - Project System?

SAP Term: forecast date

• Component: PS

• Component Name: Project System

• Description: The dates in the project indicating when you expect to perform activities and WBS elements.

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• Key Concepts: 
  The forecast date in SAP Project System (PS) is a date used to plan and control the progress of a project. It is used to compare the actual progress of the project with the planned progress. The forecast date is calculated based on the planned start and finish dates of the project, as well as the planned duration of each activity. 
  
  How to use it: 
  The forecast date can be used to monitor the progress of a project. It can be used to compare the actual progress of the project with the planned progress. The forecast date can also be used to identify any delays or issues that may arise during the course of a project. 
  
  Tips & Tricks: 
  It is important to regularly update the forecast date in order to ensure that it accurately reflects the current status of the project. This will help to ensure that any potential issues are identified and addressed in a timely manner. 
  
  Related Information: 
  The forecast date is closely related to other key concepts in SAP PS, such as planned start and finish dates, planned duration, and actual start and finish dates. Understanding these concepts will help you better understand how to use the forecast date in SAP PS.