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In the context of Figure 4, the P50 cost is represented as âcâ dollars. The P50 estimate is one with equal chance of project overruns or underruns up till when the project scope can be finalised. The P90 value is an estimate of the project cost based on a 90% probability that the cost will not be exceeded.his arises as the P90 cost estimation was adopted at the early stage during project scoping. Had the P50 cost estimate been adopted, there would have been a deviation of $7 million between the actual ($69 million) and budgeted P50 figure ($62 million). The project would have been under-budgeted.
The user sets up condition type KP03 in the pricing procedure. In customizing for the condition type KP03, the scale base formula '23' is assigned as well as the group condition flag so that the quantities across order items can be considered.ext in the pricing procedure is condition type PBUP which is used to determine the gross price which should be 90% of last year's price. To perform this calculation, condition basis formula '202' is assigned to condition type PBUP in the pricing procedure.