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Budgets

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Amanjyot87
Occasional Advisor

Budgets

Hello everyone,

 

We are on 7.1.

 

If we modify the default cost rate(rule no1), then the  budgets for the  existing projects  do not reflect the updated costs.

They still show the old rates.

Further if , we change the work plan like adding non labour cost , then that particular project's budget automatically rolls up to the updated rate.

 

 

Please let me know if this is default behavoiur of PPM or we are going wrong some where.

 

Thanks ,

Aman

1 REPLY
dirkf
Honored Contributor

Re: Budgets

Hi

 

I don't really have much knowledge of 7.1 but by the sounds of it, this is expected behaviour. Changing a cost rate will not trigger any service to update financial data. If you update the workplan however, this will. I believe this will update the whole resources work if you don't use a new cost rate rule from a certain date onwards and not use the old cost rate anymore.

 

Best regards,

Dirk

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