Allocate budget to a project

  • Release version: Xanadu
  • Updated August 1, 2024
  • 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, click 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. Click 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.

    Result

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