Purpose
This article explains how Budgets work in SiteRise and how to set one up for a project.
Who Uses This
Project managers, executives, and administrators responsible for financial oversight.
How It Works
A Budget represents the planned costs for a project, broken down by Cost Categories (see Cost Categories).
Set up a budget by entering planned amounts for each cost category, then track actual spend against it as the project progresses.
Budgets feed directly into Budget Tracking and Reporting, giving real-time visibility into financial performance (see Budget Tracking).
Best Practices
Set up your budget using a Template where possible to keep cost categories consistent across projects.
Review your budget regularly, not just at major milestones.
Flag budget variances early so there's time to course-correct.
Troubleshooting
If budget numbers look incorrect, check for recent changes to cost categories or unposted transactions.