Project Budget

Covers the navigation and management of project budget which includes adding, updating or deleting a project budget and cost items.

1.0 Project Budget Navigation Guide
1. Video You can check the video for a walkthrough of the Project Budget module. You can also check this video on how to upload Cost Items within the P...
Wed, 18 Nov, 2020 at 4:55 PM
2.1 Project Budget Add New Cost Item
1. Video You can check this video for how to add a New Cost Item within the Project. You can check the video for a walkthrough on the Project Budget Add N...
Thu, 21 Jan, 2021 at 12:51 PM
2.2 Project Budget Update Baseline Cost Item
1. Project Budget Update Baseline Cost Item For projects in Planning phase (Pipeline Project), baseline budget cost items for past, current and future mont...
Wed, 18 Nov, 2020 at 4:56 PM
2.3 Project Budget Update Forecast Cost Item
1. Project Budget Update Forecast Budget Cost Item Forecast monthly costs are initially automatically populated when a new cost item is created, during the...
Wed, 18 Nov, 2020 at 4:56 PM
2.4 Project Budget Update Actual Cost Item
1. Project Budget Update Actual Cost Item Actual costs updates are inputted one month in arrears, based on actual financial data from the financial system....
Wed, 18 Nov, 2020 at 4:56 PM
2.5 Project Budget Delete Cost Item
1. Project Budget Delete Cost Item     To DELETE Budget Cost Items, Budget Module Update access must be granted. Once a budget cost item has been de...
Wed, 18 Nov, 2020 at 4:56 PM
2.6 Approval or Rejection of Project Budget
1. Approval or Rejection of Project Budget Approval is required for the following budget cost item actions. If ‘Approval’ access is not granted, the action...
Wed, 18 Nov, 2020 at 4:56 PM
3.1 Project Budget Add New Contingency Item
1. Project Budget Add New Contingency Item Contingency Provision is an allocation of money set aside as a reserve for the occurrence of known possibilities...
Fri, 20 Nov, 2020 at 6:12 PM
3.2 Allocation of Contingency Provision
1. Allocation of Contingency Provision For allocation of contingency provision, a contingency Change Request has to be approved by the change control board...
Fri, 20 Nov, 2020 at 6:13 PM
4.1 Project Budget Add Custom Budget
1. Project Budget Add Custom Budget In addition to the Baseline, Forecast and Actual cost values, clients can add a Custom Budget Data field to record and ...
Fri, 20 Nov, 2020 at 6:15 PM