Advanced Project Budgeting
With Costpoint Advanced Project Budgeting, you can simultaneously create and maintain a budget for each project.
All costs including direct, labor, unit, and subcontractor can be burdened with indirect costs (fringe, overhead, general & administrative, and so forth) and use a specific multiplier to mark up these costs. You can create a baseline and a workplan budget for each project. You can easily track each project's original budget as the baseline and each revision as a new version of the project's workplan budgets.
Warning: Costpoint contains two budgeting modules: Advanced Project Budgeting and Budgeting and ETC. To maintain accurate budget amounts in Costpoint, use only ONE of these budgeting modules.
- Related Topics:
- Advanced Project Budgeting Process Flow
The Advanced Project Budgeting Process Flow describes the overall process involved in the Advanced Project Budgeting module. - Burden Templates
Use the screens in the Burden Templates application group to set up and maintain burden templates. - Project Budget and Estimate to Complete
Use the screens in the Project Budget and Estimate to Complete application group to create and update project budgets, and to perform global project budget updates using a percent complete value. - Project Budget Reports/Inquiries
Use the screens in the Project Budget Reports/Inquiries application group to view project budget information or print reports containing project budget data. - Advanced Project Budget Controls
Use the screens in the Advanced Project Budget Controls application group to configure project budget settings and modify the rate of pre-existing general labor category and project labor category rates. - Special Topics
Use this section to learn more about project budgets and the processes necessary to create them.
Parent Topic: Projects