Control Costs: Project Execution

Step 1: Control Purchases

On the project, you can create a purchase order for external purchases, and thereby control that extraordinary costs are not paid without approval, such as from the Line Manager.

You can apply more advanced purchase processes, but we typically recommend a simple purchase process, where the PM or others can create a Purchase Order that someone else approves before the actual purchase takes place. Your approval hierarchy determines who the approver is.

Step 2: Control Hours

A major part of project costs relates to hours, and it is a PM’s responsibility to ensure that hours spent are within budget. In the Financial Job Card, you can see the hours entered on your project, and in Time Approval, you can see the hours awaiting your approval. In addition, BPM provides a range of reports that support project follow-up.

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Control Costs: Project Execution

Step 1: Control Purchases

On the project, you can create a purchase order for external purchases, and thereby control that extraordinary costs are not paid without approval, such as from the Line Manager.

You can apply more advanced purchase processes, but we typically recommend a simple purchase process, where the PM or others can create a Purchase Order that someone else approves before the actual purchase takes place. Your approval hierarchy determines who the approver is.

Step 2: Control Hours

A major part of project costs relates to hours, and it is a PM’s responsibility to ensure that hours spent are within budget. In the Financial Job Card, you can see the hours entered on your project, and in Time Approval, you can see the hours awaiting your approval. In addition, BPM provides a range of reports that support project follow-up.