Budgetary Control
Successful project management thanks to clear budget control
Added value with budget control
Always keep an eye on the budget of your projects: In Vertec, you can apply planned vs actual comparisons and thus control your budget control. Compare the service provided to date with predefined budgets and make adjustments if necessary. Vertec supports you with integrated cost and performance accounting, thus creating the basis for successful management and controlling.
- Apply target-actual comparison to projects
- Controlling with budget values provides decision-making bases
Features of budgetary control
Apply target-actual comparisons to projects
Vertec offers budget control for project management and controlling. Those who already use budgeting in the project planning and service entry in the course of the project can carry out a daily comparison of target vs actuals on project phases in the software.
Controlling with budget values provides decision-making bases
Target-actual comparisons are helpful for management in ongoing project controlling. To do this, you can store budget values on projects and project phases in Vertec. The budget values help you compare planned and actual values. System-wide evaluations provide you with important information for controlling your company and reviewing your strategy.
Frequently asked questions
How do I create a budget plan with Vertec?
Budget planning can be done in Vertec at the level of a project, sub-project, subphase, or service type, where you define the corresponding budgets. It is also possible to allocate budgets by customer or across all projects.
Can I control my budgets on a list across all projects?
You can have all projects or all phases displayed as a list, so you can see which budgets are planned where and which services and other costs have been incurred per project.
Is the remaining budget of individual projects easily visible?
In Vertec, you can have remaining budgets for individual projects displayed in an overview.
Can I compare my budgeted values with my actual values?
Yes, this is a standard feature of Vertec. You can enter budgets on a project, phase or on activity level. Performance recording makes it easy to display target/actual comparisons.
