Define Budget Control Rules

Explanation

Budget control rules define how the project transactions are validated against the budget and will work only from the budget consumption point onwards. The project specific budget control rules have to be defined for a cost element or a cost/revenue breakdown structure (if used) and can be defined together for selected code parts.

Control total for each budget line will be calculated based on the actual budget of the selected budget. If there are no budget lines defined for the rules, control total against those rules will be equal to zero. The Control Total for each control rule can be viewed on the Project Budget Control Summary.

Control as budgeted is used to control project costs strictly at the same level of its active budget, thereby eliminating the need for the definition of explicit budget control rules.

Control on total budget is used to allow you to decide whether the project should be controlled against the total budget or not. If this is selected, total cost consumed in the project in all project cost elements will be considered with the total budget when controlling further consumptions. If not, only the cost consumed against the budget controlled project cost elements will be considered with the budget based on the budget control rules.

Prerequisites

System Effects