J
Jesse
I once asked how I could setup a quick and easy method in Project 2003 for a
VP to allocate funds to his GMs and Dirs and track what was allocated and
actuals against this allocation. I received the response below. The
responder isn't available for comment.
Project 2003 does not have budget resources so you could establish a “dummy
project†where you would only hold Task 0 data including the discretionary
budget for each manager. Those can then roll up with the RBS to the total for
the department/division/organization/company which ever is needed. Then as
new initiatives gets included throughout the year they will be coded to the
particular department and you can compare cost, actual cost and budgeted cost
against the department budget at any time. When one department is running low
on that budget, management will have a nice place to see how others are doing
and potentially re-allocate funds.
This seems like a nice solution....but I don't understand how I would "hold
Task 0 data including the discretionary budget for each manager"? How can I
create this solution?
VP to allocate funds to his GMs and Dirs and track what was allocated and
actuals against this allocation. I received the response below. The
responder isn't available for comment.
Project 2003 does not have budget resources so you could establish a “dummy
project†where you would only hold Task 0 data including the discretionary
budget for each manager. Those can then roll up with the RBS to the total for
the department/division/organization/company which ever is needed. Then as
new initiatives gets included throughout the year they will be coded to the
particular department and you can compare cost, actual cost and budgeted cost
against the department budget at any time. When one department is running low
on that budget, management will have a nice place to see how others are doing
and potentially re-allocate funds.
This seems like a nice solution....but I don't understand how I would "hold
Task 0 data including the discretionary budget for each manager"? How can I
create this solution?