Tracking Budget Reallocations Between Projects

Organizations that are involved in project-based work have processes in place by which projects are approved and the budget for those approved projects is allocated. It is not uncommon for business priorities to change, making it necessary to reallocate, or "swap," portions of the approved budgets from one project to another—without needing to impact the overall budget for project work. For example, Project A has an approved budget of $2,000 and Project B has an approved budget of $1,000. Due to changing priorities, Project A needs additional budget, while Project B has seen scope reduction; budget dollars need to be reallocated from Project B to Project A.

While organizations may experience this budget swap scenario, it can be difficult to track, and even more difficult to expose in meaningful ways. Using Item Dependencies in Mariner, you can set up a mechanism to record budget swap instances, and provide visibility for project managers in context with other item summary data.

This Mariner business scenario steps you end-to-end through the process of configuring a set of item dependencies to capture and expose budget reallocation data. The process is as follows: Complex Scenario Overview Adding Attributes Attribute List Add Date (overview, for each MathML, procedure) Add Percent Add Money Add Ranged Calculation Add Timephased -- Currency Adding Attributes to Item Types Adding a Dependency Add a Dependency Type Configure a Dependency Control Design a Dependency Form Adding Dependencies to Projects