Review Budget/Forecast

Explanation

This activity is used to promote the budget/forecast version from status Preliminary to Reviewed. Generally a review on a budget/forecast is done by the person financially responsible for the budget/forecast, once cost/revenue estimates have been made and confirmed on budget/forecast lines of the budget/forecast.

Prerequisites

All budget/forecast lines defined on the budget/forecast version should be confirmed before the budget/forecast version can be reviewed.

System Effects

As a result of this activity, the status Reviewed is assigned to the budget/forecast version. You will also be restricted to carry out any modifications on a budget/forecast version once it set to status Reviewed.

Window

Project Forecasts
Project Forecast Info

Related Window Descriptions

Project Forecasts
Project Forecast Info

Procedure

Use the following procedure to review a budget/forecast version:

1. Open the Project window and right click and select the Project Forecasts menu option, which will open the the Project Forecasts window with the related forecasts for the project. You can also open up the Project Forecasts or Project Forecast Info window to perform this activity.
2. Query for the budget/forecast version in status Preliminary that you want to set to Reviewed.
3. Right-click, click Status and then click Set as Reviewed.