Activity Management
An activity is a phase, task, operation or other component within an activity group. The Activity Management application is a framework for establishing and collecting budgets, costs, revenues, and statistical information.
You can structure activities to meet your specific information and reporting requirements. The activity group determines the number of levels you can have in an activity structure. For example, an activity structure that is created to track projects can contain three levels: project, phase and task. Budgets, costs, revenues and units for tasks can be viewed by phases. Phases can be further viewed under projects.