An endeavor with a specific objective to be met within the prescribed time and financial limitation, and that has been assigned for definition or execution.
Element Relationship (tpptc1105s000)Use this session to maintain a parent-child relationship between two elements. You should run this session for all elements in the project to create a layered, multilevel tree structure of element relationships. This structure forms the basis for the element budget. You can maintain an unlimited number of parent-child levels. Note
Project An endeavor with a specific objective to be met within the prescribed time and financial limitation, and that has been assigned for definition or execution. Status The way to characterize a project. LN distinguishes these statuses:
Parent Element The smallest part of an element structure. An element is used to define the (structure of the) work of the project, so that you can carry it out. Element The budget status of the element. Sequence Number The number that identifies a data record or a step in a sequence of activities. Sequence numbers are used in many contexts. Usually LN generates the sequence number for the next item or step. Depending on the context, you can overwrite this number. You can sometimes influence the numbering by setting the corresponding parameters. Child Element The child element. Frequency The number of times the child element appears in the selected part of the structure. This selected part is determined by the element on the Parent Element field. Note The value in this field is 1 if the Budgeting Method field in the Project (tppdm6600m400) is set to Production Rate. Child Plan The active plan with which the element is associated. This field is only applicable if:
Child Activity The activity to be associated with the budget lines of the child element. This field is only applicable if:
Budget Quantity The budgeted number of elements. You only need to enter a value if you invoice by element. If the elements are related in a tree-like structure, LN performs calculations by using the Frequency field which indicates the number of times the element appears in that place of the element structure. Unit The unit of measure used to express the budget quantity. Budget Status The budget status of the parent-child relationship. The budget status of the element relationships determines which functions of Project may be applicable. The budget status, which can also be assigned to budget lines, must be equal or higher than the status of the element to which it belongs. Text The difference between the original, unadjusted budget and the adjusted budget.
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