Budget

Use the Budget form and related dialog boxes in the Projects hub to enter and review labor, expense, and consultant budgets for your projects. Hours and amounts entered on the Budget form display on the Budget Worksheet report and on many other project-related reports, including the Project Progress, Project Detail, and Project Summary reports.

You can set up budgets for individual labor codes and expense accounts, at both cost and billing rates. You can also update percents complete, estimate-to-complete (ETC) hours and amounts, and estimate-at-completion (EAC) hours and amounts. And you can compare your budget entries to expected compensation amounts, as well as to actual job-to-date (JTD) posted hours and amounts.

If Vantagepoint is not set up to use labor codes, you cannot enter labor budgets for projects.