| # Activity Budget (tpptc2600m000) Use this session to view totals by project, cost type, and total number of hours, based on budget cost analysis. Use the tabs to view and maintain details for each cost type. On the appropriate menu, use the Generate Budget Cost Analysis command to update the total amounts. Project project. Project Project Status Plan Specifies the activity structure, the schedule, and the start and end dates. You can maintain alternative plans for a single project. The active plan is the one you actually use to track progress. Activity The smallest part of the activity structure used for a time-scaled budget. An entity that is used to represent a part of a project in an activity structure. LN distinguishes the following activity types: WBS Element Project Cost Account Work Package Planning Package Milestone Activity The budget status of an element or activity. LN distinguishes the following statuses: Free: you can enter and change budget lines. Actual: you can change the budget data and the budget lines. In addition, you can generate the control data in the Project Progress module. You can log the actual budget history. Final: you cannot change the budget data without using budget adjustments. Work Authorization Status A formal authorization procedure to begin work on a specific activity. The process helps ensure that the authorized work is done at the right time and in proper sequence. Work authorization status can have the following values: Free Work is not authorized for execution. Released Work is sanctioned for execution. This status is allowed only for activities under a leading plan and for elements which are part of the leading structure. The parent activity/element and the activity type cannot be changed. On Hold Work is under execution and needs to be suspended due to some constraints. The parent activity/element and the activity type cannot be changed. Finished Work is executed. The parent activity/element and the activity type cannot be changed. Closed Work is completed and all related financial transactions are closed. The parent activity/element and the activity type cannot be changed. Cost Analysis Version An analysis of the bottom-up budget. You can run several cost analyses for the same budget. Each budget is stored with a combined project code and budget cost-analysis code, so you can compare the budgets. Cost Amount Material The total material amount. Currency The currency in which the total amounts are expressed. Equipment The total equipment amount. Subcontracting The total subcontracting amount. Sundry The total sundry costs amount. Labor The total labor costs amount. No. of Labor Hours The total number of labor hours. Surcharge The total surcharge amount. |