Cash flow is the movement of money in or out of a business or project during a specific time period.
At their respective project levels, project managers maintain project information and create cash flow budgets and projections in the Cost Manager. This information is used in the Portfolio Manager scenario sheets. See Portfolio Manager: Portfolio Scenario Sheet for more information about scenario sheets.
With the Primavera Capital Planning (PCP), you receive a PCP cash flow record with a family of curves to support PCP needs. Following are the curves that are included:
- Baseline
- Forecast
- Original Budget
- Shared Budget
- Approved Budget
- Actuals
Once your projects are in operation and your Portfolio Manager sheets are set up, Unifier collects budget, forecast, and actuals data from the project cash flow curves.
A preconfigured worksheet, Project Cash Flow - Capital Planning, is provided in a project cash flow module.
After the project manager provides baseline data, the worksheet enables the planner to view the data and then manipulate it as needed to fit the budgetary and organization priorities for a portfolio.
In the bottom-up method of PCP, project cash flow management includes the following steps:
- Establish a baseline spending plan. (Yearly baseline values become the data sources for a portfolio scenario.)
- Negotiate budgets and dates with planner.
- Work with budget approved by planner.
For details about Cash Flow, Cash Flow Curves, and Cash Flow Worksheets refer to the Unifier User Guide.