Is there a reason why the Budget for the Program is not rollup from the Projects budgets ?

[Datha prasadred]

Hello,

Release London

Is there a reason why the Budget for the Program is not rollup from the Projects budgets ?

Since London release, Portfolio manager have to fill manually Budgets Project by Project when the Portfolio Budget Plan has been approved. It's already a boring task, so if in add he have to fill Programs Budgets opex capex Program by Program when it's just the sum of the Budgets Projets already filled, it's a little tense.

How do you do on your side ?

Best regards.

[Namita Mishra]

Hi @Datha prasadred ,

Hope you are doing well.

Typically, the organizations have a budget for portfolio \ programs. Further program manager allocates the budget to its downstream items (top down budget allocation) or the downstream items request for the budget and the request rolls up to the portfolio \ program manager (bottom up budget process) or a mix of both... 

Once the downstream items have the actual cost, this actual cost then rolls up to the parent program \ portfolio. This would then help in getting the variance between allocated and actuals or any other reporting as per the need of the organization.

I am interested to understand the use case where projects \ demand budget will decide the program \ portfolio budget.

Thanks,

Namita Mishra