Purpose
Use the Budget Items business process to identify and approve the budget commitments between you and your owner. You must assign a budget cost code to each line item. Upon approval, the Budget Items-SOV sheet is created and the cost sheet is updated.
Business process characteristics
This is a project-level, cost-type business process with line items and workflow. An individual help file is available for this business process.
Groups associated with this business process
- Project Coordinators can create this business process and send it for approval.
- Project Managers can approve the business process 'as is,' send it to the Revision step for clarification, evaluate the revision upon resubmission and either approve or reject the budget.
- Members of the All Project Users group can be copied on this business process during the Review and the Revision steps.
Record Statuses
- Pending, a non-terminal status.
- Approved, a terminal status.
- Canceled, a terminal status.
- Rejected, a terminal status