Discussion

Project budget

October 14, 2014 - 02:03 am
Lucas
4 comment(s)
Hi, I have a few questions 1. Is there a possibility to set up a fixed budget for entire project and track it how much of it was spend? (by adding tasks and assiging resources with hour rate) 2. I've created tasks with fixed work: - task1 Work=20 why I can't make Actual Work > Work - in this way I could see that task took more time in reference to the scheduled work.

4 Comments

October 15, 2014 - 06:36 am

You can set up a project, baseline the project with resources/cost.... then track against this as it progresses. I am not sure what the second part is.... there is actual work that calculates

December 16, 2014 - 17:55 pm

Hi,

 

Can I set up a budget to each resource (labour and material)?

 

Thanks

December 23, 2014 - 22:20 pm

That is an interesting question on the budget..... in project management solutions like ProjectLibre and Microsoft Project the budget is created by the resource allocation and utilization in the project plan.  When you save a baseline and you start tracking the project you get the BCWS, BCWP  and other metrics tracked.