You can enter and adjust amounts, select and update planning elements (tasks and planning resources), and update planning options for budget and forecast versions from the Edit Budget and Edit Forecast pages. You can add all newly-added but unbudgeted tasks and planning resources as planning elements.
You can enter and adjust quantities, rates, costs, and revenue amounts in total for planning elements (tasks and planning resources). If a budget or forecast is time-phased by PA or GL periods, then you can enter and adjust budget and forecast line details for each planning element by period.
Note: You must select cost codes for each budget line in a cost breakdown planning enabled project.
You can optionally enter budget and forecast amounts in multiple transaction currencies for all plan types except an approved revenue budget plan type. You must enter amounts for an approved revenue budget version in project functional currency. If entry of plan amounts in multiple currencies is enabled for a version, then you can enter amounts in any transaction currency that is defined in currency settings for the version. When you edit a budget or forecast that is entered in multiple transaction currencies, Oracle Projects displays the total amounts for each transaction currency in a separate line.
Note: You can update currency conversion attributes at the budget and forecast line level.
When you edit a budget or forecast version, you can perform the following tasks:
Copy amounts from another plan version
Edit planning options
Edit the version in a Microsoft Excel spreadsheet
Generate or regenerate the version
Review amounts in View Budget and View Forecast pages
Selectively adjust amounts by a percentage
Submit a current working version
Note: If resource classes are not enabled for a planning resource list, you cannot add or remove planning elements and cannot add all lowest tasks or add all top tasks as planning elements.
You can delete any published workplan version except the latest published or baseline, unless the workplan version is included in a program hierarchy. There is also a public API for deleting a workplan.
Distribution of Initial Quantities and Amounts: When you initially enter quantities and amounts for planning elements on a budget or forecast version that is time-phased by PA or GL periods, Oracle Projects automatically distributes the entered quantities and amounts for each budget or forecast line to plan periods. Oracle Projects distributes the line amounts based on the spread curve that is associated with each planning resource. If necessary, you can manually adjust the distributed quantities and amounts for each period.
Note: You can update the default spread curve for a planning resource at the plan-line level.
Distribution of Updated Quantities and Amounts: When you update existing quantities and amounts for planning elements on a time-phased budget or forecast version, Oracle Projects automatically distributes the adjustment for each budget or forecast line to plan periods based on the distribution of the existing quantities and amounts across periods.
Note: When some periodic lines for a budget or forecast line have only revenue amounts, Oracle Projects distributes the new raw cost amount to all periodic lines (including empty periodic lines) based on the spread curve. It then calculates burdened cost and revenue amounts for each periodic line without considering existing cost or revenue distributions across periods.
If you want an adjustment to affect only specific periods, then you must enter the adjustment by period. You can optionally redistribute amounts across periods for a budget or forecast line using the spread curve associated with a planning resource, either before or after you enter an adjustment. If the budget or forecast line does not contain quantity information, then the amounts are redistributed based on raw cost amounts. If there are no raw cost amounts, then the redistribution of amounts is based on revenue amounts.
For a project, which has cost breakdown planning enabled; you can only view the cost code information in the Update Budget Line Details page and Update Forecast Line Details pages.