Approve Budget/Forecast

Explanation

This activity may be done by the budget/forecast owner who approves the budget/forecast directly, or by using a pre-defined approval routing where individuals can approve the budget/forecast in parallel or in sequence.

A budget/forecast may be approved either from status Reviewed if no approval routing exists or from status Approval in Progress if approval steps have been defined on the approval routing linked with the budget/forecast.

Prerequisites

• Budget/forecast lines if defined must be confirmed prior to approval.
• The budget/forecast version must have the status Reviewed or Approval in Progress.
• If approval steps have been defined for the budget/forecast version they must be completed.
• If approval steps have been defined, the approval process cannot contain any steps with the status Rejected.

System Effects

The Status Approved is assigned to the budget/forecast version.

Pages

Project Forecast
Project Forecasts

Activity Diagrams

Approve Project Budget with Approval Routing
Approve Project Budget without Approval Routing
Approve Project Forecast with Approval Routing
Approve Project Forecast without Approval Routing
Forecast and Assign Resources