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Specifying a budget
How can I specify a quarterly budget for a group of tasks ? e.g Actual effort for all tasks in a quarter (April 1 - May 30) should not cross 1000 hours. Thanks
Lakshmisv1,
Normally a budget is associated with cost but your example talks about effort which is work. However, either way you can set up a "budget" but there is no flag in Project that will be raised if the budget is exceeded. That's something you will have to monitor yourself.
John
Normally a budget is associated with cost but your example talks about effort which is work. However, either way you can set up a "budget" but there is no flag in Project that will be raised if the budget is exceeded. That's something you will have to monitor yourself.
John
Thanks for your reply John.
I defined a Project level custom field X which calculates [Budget Work] - [Work] to see the variance from Budget Work at project level
This works fine and the value comes correctly. You are right though that there is no flag raised and I have to monitor it.
My problem is that I would like the value of [Budget work] to be reset at the start of each quarter and it should be only applicable to the activities of that quarter. Please advise on how to handle that.
Thanks
I defined a Project level custom field X which calculates [Budget Work] - [Work] to see the variance from Budget Work at project level
This works fine and the value comes correctly. You are right though that there is no flag raised and I have to monitor it.
My problem is that I would like the value of [Budget work] to be reset at the start of each quarter and it should be only applicable to the activities of that quarter. Please advise on how to handle that.
Thanks