Allocate budget to a project

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • Set the budget of a project according to the fiscal years.

    Before you begin

    Role required: it_portfolio_manager

    Procedure

    1. Open the project form.
    2. In the related links, select Project Budget.
      The Project Budget dialog box opens.
    3. Select the fiscal year for which you want to set the budget for the project.
    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.
      • If the project does not have any cost plan associated, then project budget is distributed by honoring planned start and end dates of the project.
      • If the project has any cost plan associated, then project budget is distributed by honoring the cost plan fiscal periods.
      Note:
      Negative budget amounts are supported. If you enter a negative Capex Budget or Opex Budget amount, or the associated cost plan has a negative total planned cost, the project budget is still distributed across the cost plan breakdowns and rolled up to the project financials.

    Result

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