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...
Thu, 12 May, 2022 at 3:09 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, 12 May, 2022 at 5:30 PM
2.2 Project Budget Update Baseline Cost
1. Project Budget Update Baseline Cost For projects in Planning phase (Pipeline Project), baseline budget cost items for past, current and future months ca...
Fri, 13 May, 2022 at 5:10 PM
2.3 Project Budget Update Forecast Cost
1. Project Budget Update Forecast Cost  Forecast monthly costs are initially automatically populated when a new cost item is created, during the life-cycle...
Fri, 13 May, 2022 at 5:10 PM
2.4 Project Budget Update Actual Cost Item
1. Project Budget Update Actual Cost Item Actual costs updates can be inputted for past and current period, based on actual financial data from the financi...
Fri, 13 May, 2022 at 5:09 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...
Thu, 12 May, 2022 at 7:52 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.  Add New Budget Cost Item Update existing Bu...
Thu, 12 May, 2022 at 8:32 PM
3.1 Project Budget Add New Contingency Provision
1. Project Budget Add New Contingency Provision Contingency Provision is an allocation of money set aside as a reserve for the occurrence of known possibil...
Fri, 13 May, 2022 at 11:02 AM
3.2 Allocation of Contingency Provision
1. Allocation of Contingency Provision  Note: This is applicable to an Execution Project only. For allocation of contingency provision, a contingency C...
Fri, 13 May, 2022 at 12:11 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, 13 May, 2022 at 5:01 PM