Budget structure
You can define a budget structure based on the project requirements. You can also customize a budget structure based on the organization, location, nature of the project and so on. The budget structure can be defined based on:
- Elements
- Activities
- Cost Objects: The budget structure can be based on these cost objects:
- Material
- Equipment
- Labor
- Subcontracting
- Sundry cost
- Cost Components: The budget structure can be based on pre-defined cost components.
- Extensions: The extension budgets are used along with element or activity budgets.
- Organization Breakdown Structure (OBS)