How Do I Create Budgets?

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With EngineerOffice you can effectively manage projects by setting budgets for each phase of the project. Do the following to create a project budget:

  1. Click Projects on the navigation bar.
  2. Select a listed project to edit.
  3. On the Details tab, select Open from the Project Status drop-down list. Do this at the quote stage of a project, before it becomes active.
  4. Click the Phases/Codes tab.
  5. In the Budget Hrs field, set overall hourly budget for each phase.
  6. On the Projects -Billing screen, select Budgets from Action drop-down list on the button panel
  7. Set the phase fees.
  8. Project budgets can be established for each phase either by specifying a percentage of a total contract amount or by entering an actual $ amount allocated for each phase (click the appropriate button in Set Budget By). You can also choose to set the allocated time either by hours or $/Hr. This allows you to budget the amount of hours budgeted for each phase or the anticipated average dollar per hour. Therefore the budget can be set by 4 methods:

    Choosing the appropriate budget method will open the corresponding column to enter budget values.