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Project Budget Tracking

Accurate financial forecasting and tracking adds significantly to the chances of success for your project. Significant overspends on any project are a cause for concern and importantly, ending the project with funds unspent should not be considered a positive. A well run project will be able to forecast expenditure being less than allocated, these funds can then be redistributed within the project or within a wider portfolio to produce business benefits.

The forecasting spreadsheet can look initially like an overhead that brings no benefit, but being in control of your project budget not only brings benefit to the wider organisation it can bring benefit to your project.

And if it all gets too much, contact the ITS Project Office and we will do our best to assist you.