The Budgeting & Planning solution is a fully integrated, centralized, web-based solution designed specifically for project oriented businesses and government contractors. The Budgeting and Planning solution works seamlessly with Costpoint and GCS Premier, and integrates project budgeting, corporate budgeting, resource planning, indirect rate forecasting, and project and financial reporting into a single, unified application. Budgeting & Planning provides an Excel look and feel to make the solution intuitive and easy to use for project managers, programs controls professionals, and finance staff with one place to manage their project budgets, forecasts, and resources.
With Budgeting & Planning, project managers will have access to meaningful reports to make real time decisions and successfully manage their projects. Finance executives can develop organization budgets, reconcile their corporate and project budgets, and more accurately forecast indirect rates.
Budgeting & Planning is a singular integrated application for:
Budget development and forecasting
Bid and proposal costing
"What if" analysis to understand the impact of changing rates on utilization
Resource optimization
Budgeting & Planning is a centralized solution that seamlessly complements existing applications. It is tightly integrated with Deltek Costpoint, Deltek GCS Premier, and Deltek Time & Expense. Budgeting & Planning imports project schedules from Microsoft Projects or Primavera P6 and conforms to the WBS and OBS in Deltek GCS Premier without any additional setup required.
The deep budgeting and planning capabilities of the product integrate resource planning with access to employee schedules for informed resource loading. It allows project and corporate budget rollups up to organizational budgets and budgets can be built at any level of the project or organization.
Deltek Budgeting & Planning has built-in EV Lite reporting including EV Cost Performance Reports (CPR) Formats 1 through 5 and provides over 180 Project and Financial Management Reports. The structure of the software allows a rapid deployment so that the solution is installed quickly and upgrades are straightforward requiring no need to synchronize versions of individual modules.
There are three prerequisites for setting up an EV project in Budgeting & Planning.
Manual or automated integration of a scheduling application.
Budgeting & Planning allows for either the manual or automated integration of a scheduling application’s time-phased resource allocations.
There must be a map or association of each WBS element and work package to be imported with corresponding project/task IDs that have already been established in the accounting system.
There must be a record within the scheduling application of status parameters to be routinely passed to Budgeting & Planning. This ensures that status can be recorded and status methods are established down to the control account or work package level.