Managing Services › Main Properties (Service) › Budget Properties (Service)

Budget Properties (Service)

You can define the service budget properties using the budget page of service properties. Budget data is essential in managing and analyzing portfolios. Correctly defining and recording planned cost and benefit information is key to assessing and analyzing services.

With a simple budget, you can define metrics such as the service planned cost, Net Present Value (NPV), Return on Investment (ROI), and breakeven information.

You can also use the page to define planned costs and benefits for the service. You can set the start and end date over which the budget is experienced. Money flows constantly and evenly over the period. The values you enter are applied over only one time period—from the service start date to the finish date. The values are applied only to your investment but not to any of its child or parent investments.

Alternatively, a detailed financial plan lets you budget costs over multiple periods. If you create a financial plan, data from the plan is automatically populated in the budget properties page.

For more information, see the Financial Management User Guide.