FOCUS Knowledge Base

1. Video You can check the video for a walkthrough of the Project Budget module. You can also check this video on how to upload Cost Items within the P...

1. Video You can check this video for how to add a New Cost Item within the Project. You can check the video for a walkthrough on the Project Budget Add N...

1. Project Budget: Update Current Baseline Costs For projects in Planning phase (Pipeline Project), baseline  cost items for past, current and future month...

1. Project Budget Update Forecast Cost  Forecast monthly costs are initially automatically populated when a new cost item is created, during the life-cycle...

1. Project Budget Update Actual Cost Item Actual costs updates can be inputted for past and current period, based on actual financial data from the financi...

1. Project Budget Delete Cost Item     To DELETE Budget Cost Items, Budget Module Update access must be granted. Once a budget cost item has been de...

1. Approval or Rejection of Project Budget Approval is required for the following budget cost item actions.  Add New Budget Cost Item Update existing Bu...

1. Project Budget Add New Contingency Provision Contingency Provision is an allocation of money set aside as a reserve for the occurrence of known possibil...

1. Allocation of Contingency Provision  Note: This is applicable to an Execution Project only. For allocation of contingency provision, a contingency C...

1. Project Budget Add Custom Budget In addition to the Baseline, Forecast and Actual cost values, clients can add a Custom Budget Data field to record and ...