Budget Planning & Tracking


(Please click on the hexagons for more information)


The Budget Planning process in ]po[ allows financial managers to define resource consumption targets for projects and cost centers. Planning variables include date, cost type, cost center, project phase and project member.


 

Process Activities

  • Project manager enters budget structure
  • The system automatically classifies new or modified financial documents and assigns them to matching budget items.
  • Project manager may manually change the position of financial documents in the tree.
  • Project manager compares initial and remaining budget with project progress

Process Input

Process Output

  • Tracking of budget consumption that can be compared with project progress, earned value and other project data.

Process Support by ]po[  

The following ]po[ packages provide support for this process:

  • Budget Management package includes all functionality necessary to define and check budgets.

 

  Contact Us
  Project Open Business Solutions S.L.

Calle Aprestadora 19, 12o-2a

08902 Hospitalet de Llobregat (Barcelona)

Spain

 Tel Europe: +34 609 953 751
 Tel US: +1 415 200 2465
 Mail: info@project-open.com