Budget - Schedule Link - Overview

The budget module enables precise allocation of budget allotments to individual tasks within the master schedule, providing granular control over cost tracking. 

Linarc's intelligent algorithms use the budget allocations for each task to power a range of advanced features:

• Real-time expense monitoring - quickly detects cost overruns by comparing actual spending against completed work and budget allowances.
• Accurate expenditure forecasting, projecting costs through to the completion of each work item for better financial planning.
• Comprehensive reports and intuituve dashboards providing stakeholders with clear insights into various financial statistics and key performance indices (KPIs).
• Detailed financial performance analysis, offering deep insights into the overall fiscal health of the project.
• Proactive risk detection, enabling early identification of potential financial risks, so stakeholders can devise timely mitigation strategies and prevent costly setbacks

 You can distribute the fund allotted for a parent item in the budget to its pertinent tasks by dividing the amount in terms of the quantity of work. The budget module dynamically calculates the remaining amount in the budget every time, which is available for allocation to the other items, that fall under the same parent item, until the total amount is exhausted. 

See the following sections to know more:

• Allot budget to scheduled tasks
• Edit budget allocations
• View budget allotments