View Budget Allocations for Tasks

Modified on Mon, 16 Dec at 7:01 AM

The 'Allocation Log' screen provides general contractors with a detailed and intuitive overview of cost allocations linked to tasks and work items scheduled for execution throughout the project lifecycle.

Budget Insights: View the portions of budget line items allocated to planned tasks, ensuring a clear understanding of financial distribution.
Timeline Visibility: Track the planned timelines for upcoming task executions and anticipate cash flow requirements with confidence.
Change Order Tracking: Review scheduled change orders and their associated costs, seamlessly integrated from approved estimates.

This comprehensive tool empowers you to stay informed, anticipate financial needs, and manage project finances with precision and efficiency.

To view the budget allocations

Open the management console of the project
Click the app launcher then select 'Finance.'
Click 'Budget' on top, then select 'Allocation Log' from the left

Outline - The WBS-based serial number of the task item in the master schedule.
Cost Code - The cost code linked to the budget line item funding the task.
Task Name - The name of the task as listed in the master schedule.
CO# - CO Name - If the task item is added through a change order, shows the serial number and the title of the change order.
Planned Start - The scheduled start date of the task.
Planned End - The scheduled completion date of the task.
Allocated Amount - The total budget allocated to the task, inclusive of the GC's profit.
Total Budgeted Amount - The overall budget of the line item in the project budget, including the GC's profit.
Contractor - The contractor assigned to execute the task.

Search and filter options:

Use the 'Search' box located at the top left to locate items using any value from the table as search criteria
The options at the top right allow you to filter the entries, create nested groups of entries, and manage personalized and customized views of the table. You can also customize the table by adding or removing columns. Use the links below to learn more about these:

Download the Report

Click the download button at the top-right to save a local copy of the table in Excel format for sharing or record keeping.