Page 16 - Participant Guide - Unanet GovCon Analyzing Project Metrics

Manage and Report on Budgets
Budget fields are available at the project and task level for categories of hours, labor bill,
labor cost, labor burdened cost, expense bill, expense cost, and expense burdened
cost. The term "budget" is used throughout Unanet and based on its context can mean
different things; for example, in some reports, "budget" refers to the person assignment
and in other reports the term “budget” refers to these budget fields on the project or
task.

The Budget tab of the Project Profile contains many fields where a user with the bill
and/or cost budget manager roles to set up aspects such as dates, bill, cost, burdened
cost budgets. In the Expense Plans submenu, expense plans can be made into
expense budgets, which then appear in the Expense Budgets submenu for
management.

Budget information is not required but is helpful to gain full use of Unanet project costing
reports.

Project Budgets

 Budget fields available include bill dollar which can be evaluated against the
calculated revenue value as well as the direct and burdened cost dollars.
 There are three sections on a project for budget value: Hours, Labor Budget and
the Expense Budget.
o All budget values can be used to calculate the variance between plans,
assignment and/or actuals.
o Typically, reports that show the revenue can be compared to the sum of
the labor plus expense budget fields on the project or task.
o The Expense Budget area can be used to capture the planned or
budgeted amount for items, which are primarily used in purchasing and/or
vendor invoicing.
 Budgets can be added at the project and/or at the task level. Reports that show
the budgets can also be configured to report on project budgets or task budgets.

Task Budgets
 Budget fields can be added at the task level and these values do not roll up to
the project budget fields. This allows for a variation of control at both the project
and task level.
 Reports that show the budgets can also be configured to report on project
budgets or task budgets.

Lesson 2: Project Setup
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