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How to Create Financial Summaries › Manage Budgeted Costs and Benefits for Investments

Manage Budgeted Costs and Benefits for Investments

Create the budgeted cost and benefit data for your investment in the financial summary. If an approved budget and benefit plan exists for the investment, view the pre-populated budget cost and benefit data in the summary.

Follow these steps:

  1. Open the investment.
  2. Open the Properties menu and click Financial Summary under Properties.
  3. Enter the following budgeted cost and benefit data, or view the following data if a detailed plan exists:
    Budget Cost

    Defines the approved cost for this investment.

    This field is automatically populated and display-only in the following cases:

    • If the Budget equals Planned Values check box is selected, this field displays the value in the Planned Cost field.
    • If an approved POR exists in the financial plan, this field displays the last budget revision in the plan.
    Budget Cost Start

    Defines the date when the budgeted cost for this investment starts.

    If the Budget equals Planned Values check box is selected, this field is display-only and populated from the start date defined in the investment schedule.

    Budget Cost Finish

    Defines the date when budgeted cost for this investment ends.

    If the Budget equals Planned Values check box is selected, this field is display-only and populated from the finish date defined on the investment schedule.

    Budget Benefit

    Defines the total budgeted benefit you can receive from this investment.

    This field is populated and display-only in the following cases:

    • If the Budget equals Planned Values check box is selected, this field displays the value from the Planned Benefit field.
    • If an approved budget exists in the detailed financial plan, this field displays the last approved budgeted benefit.
    Budget Benefit Start

    Displays the date when budgeted benefit starts for this investment.

    If the Budget equals Planned Values check box is selected, this field is read-only and populated from the Planned Benefit Start date field.

    Budget Benefit Finish

    Displays the date when budgeted benefit ends for this investment.

    If the Budget equals Planned Values check box is selected, this field is read-only and populated from the Planned Benefit Finish date field.

  4. Review the following budget metrics to evaluate the value an investment provides to the company. If budget and benefit values are not defined, these metrics display no value:
  5. Save the changes.