Budgeting and Forecasting

​@Thej this is Budgeting and Forecasting functionality in Project.

You may read more on it from below documentation pages:

https://docs.ifs.com/ifsclouddocs/25r1/lang/en/ProjectManagement/ActivityAnalyzeProjectBudgetForecast.htm?StandAlone=true

https://docs.ifs.com/ifsclouddocs/25r1/lang/en/ProjectManagement/ActivityDefineBudgetControlRules.htm?StandAlone=true

“Budget Control On” is like telling the stores clerk to check your wallet before handing anything over. If there’s no money left for the job, nothing leaves the shelf or gets booked.

“Control as Budgeted” seals each pocket of money. You gave the job £3 k for wood, £1.5 k for labour and £0.5 k for varnish. Once the wood pocket hits £3 k, the clerk refuses more boards even if the other pockets still have cash.

“Control on Total Budget” relaxes that rule. The only thing that matters is the overall £5 k ceiling. If wood costs creep to £3.3 k but you save £300 on labour and £100 on varnish, total spend is still £4.9 k, so the clerk says “fine” and lets you take the extra boards.

So: switch Budget Control On to start policing costs, add Control as Budgeted for tight line-by-line limits, or use Control on Total Budget for a single overall cap.