Allocate budget to a demand

Set the budget of a demand according to the fiscal years.

Before you begin

Role required: it_portfolio_manager

Procedure

1. Navigate to All > Demand > Demands > All and open the demand form.
2. In the related links, select Demand Budget.
   The Demand Budget dialog box opens.
3. Select the fiscal year for which you want to set the budget for the demand.
   Tip:

   You can work on allocating lean budgets at the fiscal period level using the Investment Budget. For more information, see Enable lean budgeting for demands.
4. Enter the amounts for Capex Budget and Opex Budget.
   The Total Budget is updated with the sum of capex and opex amounts.
5. Select OK.
   Note:

   • If the demand doesn’t have a cost plan, start date, and due date, then demand budget is distributed from the current month until the end of the demand budget fiscal year.
   • If the demand doesn’t have a cost plan and a due date but has a start date, then the demand budget is distributed from either:
     • Start date (if the start date falls in the given budget fiscal year) until the end of the demand budget fiscal year.
     • Start of the demand budget fiscal year until the end of the demand budget fiscal year.
   • If the demand doesn’t have a cost plan and a start date but has a due date, then the demand budget is distributed from either:
     • Current month until due date (if the due date falls in the given budget fiscal year).
     • Current month until the end of demand budget fiscal year.

   If the demand has a cost plan associated, then demand budget is distributed by honoring the cost plan fiscal periods.

Result

The demand budget for the selected year appears in the Demand Budget related list. You can select the amounts in the list to revise them.