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Spending plan , Budget summary & Funding

Haresh JayanthMember for 20 years 1 month
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My understanding for Spending plan , Budget summary & Funding, which is manually entered to the project, which does not have any relation with the activities in the project.

All this functions are just like entering the data in an Excel sheet and then later can be monitored......

Is my understanding is correct or all these have some other uses...Pls explain....

2 replies

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  1. 0
    Rodel Marasigan ·
    Spending Plan, Budget & Summary are use in pre-planning stage.
    Very useful in comparing BL Value, Current Project Value within EPS, Project and WBS level when running summary. Commonly used in Project Dashboard.
  2. 0
    Haresh Jayanth ·
    Yes i understand.......so to conclude , it is like an Excel spread sheet , where we can input datas of our budget, spending plan for all projects........and compare accordingly......nothing more than that....

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