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Budget controls

Last post 09-13-2007 9:05 AM by John Filicetti. 2 replies.
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  • 09-12-2007 2:30 AM

    • bryanmorison
    • Not Ranked
    • Joined on 06-18-2007
    • Cape Town, South Africa
    • Posts 1

    Budget controls

    Hi

    I am trying to ascertain best practises within eProject, for how a PM should manage project budgets, i.e. what controls / actions / processes are available in eProject. I have been using eProject for a couple of months now and have found the following to be a good starting point;
    1.) Comparing the Planned Work vs. Actual Work fields in the Tasks tab.
    2.) Monitor Project Allocated vs. Scheduled vs. Actual in Resource Utilisation.

    I also came across a few DA's and ARE reports like; Earned Value Calculator DA, which I still need to experiment with. What I am exercising seems minimal and reactive. I am looking to be more proactive with by project budgets to identify variances etc.

    I would appreciate any input based on your experiences of budget controls in eProject.

    Regards

    Bryan

  • 09-13-2007 9:04 AM In reply to

    Bryan,

    I have another DA for you to experiment with:  Weekly Financial Tracker.  You can track all of your expenses on a weekly basis by both Capital and Operating expense categories.  You can modify to create variances if you want.  You can easily add the weekly variable expenses from actual work this week and split them out by employee/contractor.  You can also gather other expenses to fill in your DA. 

    John F. Filicetti, PMP, MBA
  • 09-13-2007 9:05 AM In reply to

    If you can't download the above, try this. 
    John F. Filicetti, PMP, MBA
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