Define Cost/Revenue Breakdown Structure
Explanation
Use this activity to define a cost/revenue breakdown structure. The structure consists of nodes and cost/revenue
elements and is company specific.
A cost/revenue breakdown structure lets you organize and analyze project costs and revenues in a hierarchy that
reflects how you want to view and follow up project financial information.
To define a cost/revenue breakdown structure,
- Define Structure ID and Description.
- Click CBS Levels and add levels.
- Click CBS Items and connect nodes and cost/revenue elements. It is also possible to select
cost/revenue elements from Not Used Cost Elements tab and click
Connect to connect elements to respective node.
- If the structure is supposed to be used as a template, enable the Template option on the
structure header.
- If you enable Single Project option, structure can be connected to a single project
only.
Prerequisites
- The cost/revenue elements that make up the structure must have been entered in the Cost/Revenue
Elements page.
System Effects
- The cost/revenue breakdown structure once created can be connected to a project within the same company. It
can then be used for budgeting and forecasting for the project.