| To use a time-phased budgetA time-phased budget (TPB) is a time-scaled budget based on
activities, created from a top-down budget. - Create a top-down version for your project. With more than one
version you can keep track of changes in the top-down budget.
The version amounts for the budget that need to be
defined, are: - If the status of the budget version is Actual, you can enter
the budget start time for calculation.
You can change the version status from Free to Actual only if: - Other versions have a status other than Actual.
- The status of the project is Free or Active.
- To support multi-currency time-phased budgets, specify the budget date, to fix the date
for the currency transaction rates.
- For a time-phased budget, you must distribute amounts over the
activities, link them to the version and enter earned value related data, (see To use distributed amounts). You can also copy a bottom up budget into a
top down budget, the budget amount is then available as distributed amount for
the version.
- With the Generate Structure and Top Down Budget (tpptc5210m000) session you can link activities to
a top-down budget version in one go. This optional session can only be used if
there is no budget assigned to the version yet. After running this session,
each activity needs a budget amount. This budget can be derived from the
bottom-up activity budget if the Copy Activity Budget Lines check box is
selected. Otherwise, the budget amounts are zero and must be entered manually.
- Generate the time-phased budget with the Generate Time Phased Budget (tpptc5200m000) session. You can generate the TPB
analysis code or create the code manually in the Time Phased Budget Analysis Codes by Project (tpptc5120s000) session. The analysis code
is a combination of a version, an exchange-rate type, and a
baseline.
- In the Time Phased Budget (Planned Value by Period) (tpptc5521m000) session the time-phased
budget is displayed as the planned value.
-
To monitor the time-phased budget you can use this
data: -
Run the Generate Performance Measurement (tpppc5200m000) session and compare the costs
with the progress and the budget:
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