After all organization managers have provided initial budget input, the Budgeting & Planning Administrator and/or individual organization managers should calculate all relevant “Plug Projects”. The Plug Project for any organization is simply the difference, for each direct account, between the organization’s budget and the sum of all of its backlog and non-backlog project budget cost details associated with the fiscal year. The larger the Plug for any direct account, the more risk there is associated with a given organization budget. The Plug is an indication of how well substantiated an organization’s budget is with planned project work.
To calculate plug projects, complete the following:
In the Organization management context, select the New Business & Proposals module.
In Reports & Actions select N.O.I.1 Plug Project Calculation Review.
Select the Fiscal Year and the Budget Source. Then click Calculate. Budgeting & Planning lets you know when the plug has been calculated. Click View Plugs when you get the message.
The Plug calculation is the difference between each P&L financial line item of the Org./OBS budget and the sum of all associated details from all backlog and non-backlog projects for which budgets/EACs have been developed. The larger the Plug, the more the Org./OBS budget is out of sync with known project details.
Result:
