Create as many budgets as you need and define duration for each
Creating different budgets, defining a period of time for the tracking, those will enable you to make comparisons. This can ease the evaluation of a particular segment of the work.
Follow your expenses and revenues for each project in detail
Create a budget tracking process that dives into the specifics needed in order to satisfy the reporting.
Ensure an accurate follow-up on your spendings and gobal revenues
Create budgets with categories and subcategories per department and/or activities. This way, you can oversight the evolution of the spendings and revenues.
Budget tracking for project management:
- Create budgets for specific segments;
- Organize the budget according to what you want to see;
- Update the projects’ budgets ;
- Take a look at your expenses and budgets presented very efficiently.
Reporting to the board
Oversight the budget
Measuring the ROI