PMWeb budgets are spending benchmarks for projects. Budgets can be created by entering the data directly in the Budgets page, by pasting from an Excel spreadsheet, or by generating them from detailed estimates in the PMWeb Planningmodule. Budget cash flow can be calculated using a direct projection method or by linking budget lines to a schedule in the PMWeb Scheduling module. Options in Portfolio/Setup/Settings let you determine whether or not the budget can be exceeded as the project develops.
Note that there can only be one "Approved" Budget record per project and a cost code can only appear once within each Budget record.
Update Tasks - This button is used to update Start and Finish fields in the Budgets Details Tab Table. When you click the button a confirmation dialog opens:
When you click the OK button the dialog closes and copies the latest Start and Finish dates for the linked task from the project schedule into each line in the table. If there are no linked tasks no lines are updated.