PM software allows time limits of budget / parent booking tolerances for flexibility during the dynamic project / parent booking tolerances for flexibility during the dynamic project Munich, April 13, 2010. The project management software can do well comprehensive features in terms of budget management. With the new version of the planning tools, which will be published in the second quarter, financial and resource budgets can for projects, departments, and other cost elements are defined, controlled and monitored. In addition, it is possible to allocate budgets to freely definable periods. Unused funds such as money or work hours can be passed to the budget of the following period, or at an exceeding of the budget the resources previously required may be deducted from the budget of the subsequent period.
This feature can enable the project managers on request or disable. The above booking tolerance is another feature in the field of planning and control of budgets: projects lost in the rarest cases so exactly as they were planned. See BBC for more details and insights. To provide a certain flexibility within the project’s progress, the project leader can activate a parent booking tolerances. As a result, he has a certain percentage of additional funds. Where appropriate, to implement austerity, a budget can be abbreviated this function also. Can do remains true even when the budget management of its philosophy to process all data live. So, for example, all confirmed working hours or spending are considered live – in real time – in the planning tool.
In addition, the software at all levels supports the use of inaccurate, so inaccurate data. The developers have created great value also on ease of use and a clear presentation of budget management functions. With the budget management of the PM software can do project intelligence budget for resources, funding and other cost elements planned and monitored can. The resource and financial budgets can thereby be combined. The tool differentiates between planned and is budget. In addition, the software allows a budgeting position numbers. Budgeting is used to monitor the project, no changes in the capacity planning or the financial histories be effected as a result. About can do GmbH Munich can do GmbH (www.candoprojects.de) has developed a project management software by special power project intelligence with can do. Among other things, the tool characterized by efficient resource management, its ease of use, a quick and easy implementation, a realistic project management as well as a reporting system and functions for controlling risk. In addition, the software has a comprehensive budget and portfolio management.