Budget Alerts
You can establish cost budget alerts that warn the project manager of potential cost overruns at the project or activity level. The system compares budget amounts with values on the Summary Budget Data table (PC_BUD_SUMMARY), which stores summarized actual costs.
Although budget alerts are not processed at the business unit level, you establish cost budget alerts for the business unit that appear as default values for all project budgets belonging to that business unit. Cost budget alerts that you establish at the project level can be used as default values for project activities. You can override default settings at the project and activity levels.
Budget alerts appear on the Budgets vs Actuals interactive report.