How to Create Detailed Financial Plans › Budget Plans › Create a Budget Revision › Delete Line Items from the Budget

Delete Line Items from the Budget

Delete unnecessary line items and submit the cost plan as a replacement for the budget. For example, if you want to remove a line item from the budget plan, delete the line item in the cost plan. Submit the revised cost plan as a replacement for the budget plan.

Note: Select Replace to delete line items. Selecting Merge prevents the deletion and the line item remains in the submitted budget plan.

Example: Delete a Role and Replace the Budget

Several months before the project starts, Alice discovers that she must transfer the headcount of a test engineer to another project. She deletes the line item for the role for the junior test engineer from the cost plan, ProjectA_estimatedCP-00, and submits the plan for approval. Alice selects Replace to remove the line item from the budget.

Follow these steps:

1. Open Home, and from Portfolio Management, click the appropriate investment type; for example, Projects.
2. Open the investment and click Financial Plans.
3. Open the Financial Plans menu and click Cost Plans.
4. Open the cost plan.
5. Select the line item that you want to delete and click Delete.
6. Click Yes to confirm and click Return.
7. Click Actions and select Set as Plan of Record.

   Note: If the cost plan is already the plan of record, skip this step.

8. Click Yes to confirm.
9. Click Actions and select Submit Plan of Record for Approval.

   Note: If you receive the following message, another cost plan for the investment exists as a submitted budget plan.

   Error:A submitted budget already exists.
   

   The submitted budget plan must be approved or rejected before you can submit another plan for approval.

10. Select Replace in the Submit Option pull-down list.
11. Click Submit for Approval.
12. Open the Financial Plans menu and click Budget Plans to view the list of budget plans and their status.

    You have submitted a cost plan for approval that replaces the existing budget.