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Dynamics 365 Project Operations

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Jun 20, 2024

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  • The Project budget represents a snapshot of the estimated effort calculation across the project plan, comparing planned estimations against actual costs.
  • Multiple versions of the project budget can be created with approval and revision handling, structured by periods and including a budget contingency for buffers.
  • Budget plans can be created manually or imported automatically based on estimates from the project plan.
  • Project Budget Lines per Project Task and Resource show relevant budget indicators such as quantity, prices, and budget amounts.
  • The Project Manager can review and define all required lines before submitting the Budget for approval, preventing further changes once submitted.
  • Actuals can be tracked against the Budget and Forecast amounts can be adjusted as needed.
  • The Project Budget allows for tracking both cost and quantity values, providing feedback on the progress of the project.
  • Matching Actuals to the correct Budget Line is done based on defined mapping priorities, allowing for adjustments and re-evaluations as needed.

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