1. Navigate Budget Progress
1. Navigate to the ‘Budget Progress’ section within the ‘Project Overview’ page. You can view the following information:
- Current Progress: The current budget comprised of the baseline budget plus approved scope changes to the budget. Only approved scope changes to the budget are reflected here while pending or rejected approvals are not included
- Baseline To Date: Baseline budgeted expenditure to the current period (excluding the current period)
- Actual To Date: Actual expenditure to the current period (excluding the current period)
- Variance: The cost difference between the baseline budget to date and the actual expenditure to date. Identifies variances that may require corrective measures to be implemented
- Estimate To Complete: The total forecasted expenditure to complete the remaining work. This includes the cost of all future periods forecasted and the current period.
- Forecast Final Cost: Current forecast expenditure based on total actual expenditure to date plus estimated expenditure to complete remaining work.
- Variance at Completion: The total projected cost difference at completion between the current baseline budget and the current forecasted cost. Identifies variances that may require corrective measures to be implemented.
2. To view the Budget Progress in Detail, click the arrow icon on the top-right corner of the 'Budget Progress' tile.
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