Project over budget

Over a threshold

Situation

Project cost has exceeded or is about to exceed the budget.

Recommendation

Review the Budget by category card and propose a new Budget version for PMO approval.

Why

In block mode, documents that would exceed the budget cannot be approved until a new budget exists.

Steps

  1. Open the Budget by category card.
  2. Find the overspent category.
  3. Propose a new Budget version.
  4. PMO approves; blocked documents can proceed.

Avoid

  • Move cost to another project to dodge the overrun.

Roles & permissions

PM; PMO.