Changing budgets

You can make changes to a budget after it is defined to reflect an adjustment to the project or task, such as decreasing the total amount budgeted. If you use change orders to make these modifications, you can flag the application to automatically provide an audit trail of the changes. As an option, you can also incorporate an approval process for changes or lock a budget to prevent changes to the budget. This chapter focuses on changing an existing budget and provides information about how you can track those changes.

The procedures in this chapter apply only to existing budgets. For more information, see Defining activity group budgets or Defining activity budgets or Defining computed budgets.