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   To create or revise budgets:

1. Create the project and WBS. When you define the project's work breakdown structure, consider how you want to track cost and revenue. See: Control Functions by Projects and Tasks.

Note: The start and end dates for a non-time-phased budget are automatically set to equal the start and completion dates of the project or task. See: Start and End Dates for Non-Time-Phased Budgets

2. Enter or revise a draft budget for the project. See: Entering a Draft.

3. Enter budget amounts in the draft budget using any of the following methods:

• When you first create the project you can copy the budget from the project template or project you are copying. See: Copying Budgets from a Project Template or Existing Project.

• Enter the budget cost and/or revenue amounts directly. See: Entering Budget Lines.

• Enter the budget quantities and allow Oracle Projects to calculate the cost and/or revenue amounts for you. See: Calculating Budget Amounts.

• Copy the budget from an earlier version of the project's budget (if you are revising a budget that you have previously baselined). See: Copying Budget Amounts from Earlier Budget Versions.

• Copy the actual amounts to the budget amounts. See: Copying Actuals to Budget Amounts.

4. Submit your budget to indicate that budget entry is complete. See: Submitting a Draft.

5. Baseline the budget. See: Baselining a Draft.

6. Revise the current budget to reflect changes in the project or to correct data entry errors. See: Revising a Baselined Budget and Revising an Original Budget.

See Also

Budget History

Define Budget Types

Budget Entry Methods

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