How to Create Detailed Financial Plans › Budget Plans › Create a Budget Revision › Review the Prerequisites

Review the Prerequisites

To complete all tasks in this scenario, consider the following information:

Access Rights

Have the following access rights:

• Financial - Cost Plan - Edit
• Financial - Financial Plan - Submit for Approval
• Project - Budget Plan - View
• Project - Budget Plan - Edit

Completed Tasks

Complete the following tasks before you begin the scenario:

• Create a cost plan for the investment.
• Specify the cost plan as the Plan of Record (POR).
• Submit the POR for approval and have it approved as the budget plan for the investment.

Other Information

After you submit a cost plan for approval, it becomes the submitted budget plan. You can edit the submitted budget plan; you cannot edit the budget plan after it is approved.