on 02-07-2019 11:50 AM
how do you go about budgeting for a project
Hi Lemdy,
Accurate planning of project costs and revenues is essential for establishing realistic budgets, avoiding cost overruns, and ensuring that the project will generate sufficient profit. The high-cost transparency provided by project management helps you effectively budget your projects and control their costs.
So there is a calculation rule for budgeting in byDesign.
Budget at Completion (BAC) = The total planned value when the project/task is completed. This value is determined by adding up the planned costs of the project baseline.
Please refer to the help center document.
Best Regards,
Arun
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