Project - Budgets
- Thomas Sherman (Deactivated)
- Min Zeng
- Shivam (Deactivated)
The Budget tab is where you define time and cost budgets for a project. Budgets are powerful tools for ensuring that your project is delivered on time and within costs. Projector supports multiple metrics like Hours, RDC, or BAR that can be broken down further by dimensions like Resource or Task. This allows you to look at your budgets from a high level perspective - How am I doing overall? To a granular perspective - How well is Mike staying in budget? Learn how to create new budgets in the following articles.
Additional Resources
The Topic of the Day: Budgets webinar is a great resource to learn about best practices around creating, tracking and monitoring budgets in Projector. (go to 19:20)
Permissions and Settings
To create a project budget you must have one of the following permissions:
- You are the engagement manager, project manager, or on the PM Team and you have the stage based permission Create Baselines
- You have the cost center permission Maintain Projects and Engagements
To edit or delete a project budget you must have one of the following permissions:
- You are the engagement manager, project manager, or on the PM Team and you have the stage based permission Edit and Delete Baselines
- You have the cost center permission Maintain Projects and Engagements
The separation Create and Edit/Delete permissions allows you to setup an initial baseline, for example, an hours based budget, and disallow your PMs from changing it into a different type of budget.
The default budget for a new project is determined by the engagement type. To change the default see the engagement type editor's budget tab.
When your projects reach certain budget thresholds notifications may be sent out. See the Budget Alerts Editor to configure these.
To change active baselines requires both Create and Edit privileges.
Time budget display limit
For performance reason, we impose a time budget display limit on this page.
| Time Phase mode | Number | Span in Years |
|---|---|---|
| Day | 372 | ~ 1 year |
| Week | 262 | ~ 5 years |
| Half-month | 120 | 5 years |
| Month | 60 | 5 years |
| Quarter | 20 | 5 years |
| Year | 10 | 10 years |
