percent spent using project forecast

Summary:

Client will use the percent spent calculation for a number of projects. They want to compare the actual project cost to the latest approved forecast information. They don't update the project budget often, but do update their forecast on a regular basis. Is that feasible, and what specific configuration steps are required? Do we need to modify the percent spent extension?

Thanks

Chris

Content (please ensure you mask any confidential information):

Client will use the percent spent calculation for a number of projects. They want to compare the actual project cost to the latest approved forecast information. They don't update the project budget often, but do update their forecast on a regular basis. Is that feasible, and what specific configuration steps are required? Do we need to modify the percent spent extension?