Budget Details Generation

After a project manager defines the resources needed in the Resources by Activity page, you can use the Get Plan feature to load the estimates into a budget plan. Use these steps to load resource estimates into a budget plan:

1. Create and save a budget plan for the project cost or revenue budgets.

   Set the status of the cost and revenue plan IDs to Active.

2. Click the Get Plan button on the appropriate Plan ID line to retrieve the resource cost or revenue estimates from the Resources by Activity page and initiate the Distribute Costs to Budgets Application Engine process (PGM_SPREAD).

   The plan ID line must have a status of Active to retrieve resource estimates. The project must have a processing status of Pending, Active or Template to retrieve resource estimates. The Get Plan feature does not process resource cost or revenue estimates from the Resources by Activity page that occur prior to the budget plan's start date.

   The Distribute Costs to Budgets process creates budget detail lines for each activity using the estimates defined in the Resources by Activity page.

3. Review the Distribute Activity Resource Amounts page if available, and update the information if necessary.

If you add or delete resources on the Resources by Activity page after you created a detail budget, depending on the results you want, you can:

• Inactivate the original budget plan, create a new active budget plan and then click the Get Plan button to initiate the Distribute Costs to Budgets process.

• Delete the original budget plan, create a new active budget plan and then click the Get Plan button to initiate the Distribute Costs to Budgets process.

• Append to the original budget plan by using the Get Plan button multiple times.

If the project is part of a program, you can roll project budget details up to the program budget.

See PeopleSoft Project Costing: Setting Up Budgets in PeopleSoft Project Costing.