Submit Budget for Approval - EcoSys - 3.01 - Help - Hexagon PPM

EcoSys Projects Help (3.01)

Language
English (United States)
Product
EcoSys
Search by Category
Help
EcoSys Standard Version
3.01

After all budget validation checks have passed, the budget can be submitted for approval or rejection. The budget thresholds defined in the Project Setup screen (Projects > Project SetupBudget Admin tab) are compared to the total budget, and the workflow users defined in the Project Setup screen (Projects > Project SetupWorkflow Admin tab) can approve or reject the budget. If the total budget amount is below the Approval Threshold L1 amount defined in the Project Setup screen (Projects > Project Setup Budget Admin tab), then the budget is auto-approved and the approved budget is posted to the original budget and current forecast; otherwise, the budget status is changed to Submitted, and the budget approval workflow is initiated. The budget creator and workflow users defined in the Project Setup screen (Projects > Project Setup Workflow Admin tab) are notified through email, and the budget log is updated.

If the workflow users change after the budget is submitted for approval, the budget must be rejected, and the workflow users must be changed in the Project Setup screen (Projects > Project SetupWorkflow Admin tab), then the budget has to be resubmitted. If the users cannot reject the workflow, they must contact the EcoSys administrator.

You can submit the budget in the below two ways:

  • From the Budget Register panel

  • From the Submit Budget for Approval Action