Project Benefits Page

A project leader can track benefits obtained as a result of the project. You can view benefits in foreign currencies.

All users belonging to the same organization and collaborative spaces as the project owner are able to see and access the project's benefits according to their role.

To access this page:

On the projects page, click a project name. See Projects Page. In the navigation pane for a project, click Financials > Benefits tab.

This topic describes:

This page discusses:

See Also
About Projects

Columns

Name Description

Item

The benefit name entered by the benefit creator. Click the name to view the Basic Information page for the benefit. See Project Benefit Properties Page.

Ledger A/C No

The ledger account number associated with the item.
[timeline] The time interval used for the cost value of the benefit item. You can set the interval by clicking the Interval field on the toolbar. Once the interval is specified, you can add or delete periods.
Total The total cost value for the time interval.
Actual In the Actual View, this is the actual cost.
Variance

Amount / %

In the Actual View:
  • Variance Amount = Actual cost minus Plan cost
  • Variance % = (Actual / Plan) X 100
In the Estimated View:
  • Variance Amount = Actual cost minus Estimate cost
  • Variance % = (Actual / Estimate) X 100

Views

You can change views by clicking and selecting the View filter.

Name Description

Plan

The benefit information as planned.
Estimated The estimated benefit information.
Actual The actual benefit information.

Actions/Toolbar Commands

Action Description For More Information
Add Benefit Item Adds a benefit category in the benefit plan. Adding Benefit Items
Add Period Adds a period timeline interval from the start or end of the plan Adding a Time Period
Freeze Benefit Freezes the benefit from any more entries. Once a benefit is frozen, the Estimated View and Actual View become available by clicking. . You cannot edit the Actual View after freezing. --
Delete Period Deletes one or more intervals when a period is added. Deleting a Time Period

Delete

Deletes the selected benefit or benefit item. --

Enable Edit

Modifies the properties for the selected benefit. Editing A Project Benefit