Spending Page Overview

Spending Page Overview Video

When a portfolio budget plan is approved and moves into the execution phase, the budget planner can use the Spending page to track costs against the approved budget of the plan. Costs for the projects can be entered monthly, quarterly, or yearly for each project by the project managers using the Cash Flow page or data can be brought in if connected with P6 EPPM. View time-phased budget, forecast, and spend cost curves in the Financial Summary chart, as well as Year End Forecast (sum of all forecast costs for the current year) and Year To Date Actuals (sum of actuals for the current year).

The Financial Summary section can be customized to show the cost curves incrementally, cumulatively, or both. Time-phased values are spread over the planning horizon of the portfolio for which the portfolio budget plan was created.

The Financial Breakdown section enables the budget planner to analyze detailed time-phased cost data. Cost values can be viewed by planning horizon or a specific year and can be compared to historical values from a snapshot. Select a time period from the Period column to view the projects in the budget plan and their individual costs. Projects can be flagged for review.

As part of the monitoring process, budget planners can collaborate on the plan with use of Discussions, perform revisions on the plan if issues arise and maintain version of the plan by creating snapshots.