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Budgets are a great tool for keeping a handle on how well your engagements are performing. You can be proactively notified when budgets reach set thresholds. For example, the spend cap on this engagement is $5k. Please track the client amount ofcosts and notify me when I have consumed 75%, 90%, and 100% of the allocated budget. Use budgets along with Projector forecasting to know not only the budget status as of today, but how things look at project completion. Use budgets to identify performance problems early and make corrections.

The Budgets tab is where you define your time and cost budget metrics and amounts. You can then view performance to this budget on your Engagements Dashboard or in reports. Time and expenses are submitted against projects, not engagements, therefore the numbers against the engagement budget are a rollup of the projects underneath it. Because of this Projector also shows all your project budgets on this tab as read only. To edit a project's budget you will need to visit its Project - Budgets


Tip
titleAdditional Resources

Budgets in Projector Web was introduced with our August 2020 release. You can watch this webinar August 2020 Release Overview for a quick walk-through on how to best utilize this functionality. [go to 16:00]

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