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Work In Progress (WIP)

FAQs about Work in Progress (WIP), milestone scheduling, forecast timing and how operational work contributes to future cashflow forecasting.

  1. What is Work in Progress (WIP)?
    Work in Progress (WIP) helps connect operational activity with future forecasting

    WIP provides visibility into active and planned work, helping you understand what work is schedule, when it is expected to occur and how it may contribute to future cashflow

  2. How does WIP affect forecasting?
    WIP forecasting is driven by scheduled milestones.

    Milestones determine when expected income and costs are forecast to occur, helping BCB understand the timing of future work and its potential impact on cashflow

  3. Why are milestones important?
    Milestones help define when work is expected to contribute to your forecast. 

    Without scheduled milestones, BCB may not know when future income or costs should be reflected in forecast calculations.

  4. How do I schedule work into my forecast?

    For manually created work, use milestones to schedule future income and costs.

    Review milestone amounts and dates carefully to ensure they accurately represent the expected timing of the work being performed.

    Review the resulting forecast before relying on it for planning decisions.

  5. What's the difference between a work value and a forecast value?

    The work value represents the total amount associated with a work record.

    Forecast values are determined by the milestone schedule and timing information attached to that work.

    Because of this, a work amount and forecast amount may not always appear in the same forecast period.

  6. Why does my work amount not appear in WIP totals?

    A work record may contain a total value without contributing to Work in Progress forecast totals.

    This usually occurs because WIP forecasting is based on scheduled milestones, not the total amount displayed on the work record.

    If a work amount is visible but not appearing in WIP forecast metrics:
       -   Check whether milestones have been scheduled
       -   Confirm milestone amounts have been entered
       -   Verify milestone dates
       -   Review the period currently being viewed

  7. How do milestones contribute to forecast amounts?
    Milestones define:
       -   Expected income
       -   Expected costs
       -   Forecast timing
       -   Future cashflow contribution

    BCB uses milestone information when calculating forecast values and WIP totals.

  8. Why do milestone dates affect my forecast?

    Forecast timing is driven by milestone dates.

    Changing a milestone date may move forecast amounts between periods and affect when future cash movement appears in your forecast.

  9. How does Simpro work differently from manually created work?

    Work imported from Simpro is managed differently from work created directly within BCB.

    Simpro remains the source system for imported operational information. 

     

  10. Can I edit imported Simpro work?

    Where information is controlled by Simpro, updates must be made in Simpro and then synced back into BCB.

    Review the imported schedule and source information if forecast results do not appear as expected.

  11. Why doesn't my work schedule match my forecast?
    Review:
       -   Milestone dates
       -   Milestone amounts
       -   Schedule income
       -   Scheduled costs
       -   Forecast period being viewed

    Forecasts are based on the scheduled milestones rather than the total work value alone.

  12. How can I improve WIP forecast accuracy?
    To improve WIP forecasting:
       -   Keep milestone schedules up to date
       -   Review work timing regularly
       -   Confirm expected income and costs
       -   Sync connected systems frequently
       -  Update schedules when project timelines change

    Accurate scheduling generally leads to more reliable forecasting outcomes