Budgets

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  • Budget Monitoring (1 of 3) – An overview

    Budget Monitoring (1 of 3) – An overview

    Last Updated on November 17, 2022 by maximosecrets The Budget Monitoring application was introduced in May 2017 as part of the Maximo 7.6.0.8 feature pack. It will be found in the Financial module. It allows budgets to be created based on one of several different focal points, for example location, asset, chart of account or…

  • Budget Monitoring (2 of 3) – Understanding Focal Points and Rules

    Budget Monitoring (2 of 3) – Understanding Focal Points and Rules

    Last Updated on November 17, 2022 by maximosecrets Entity Diagram for Budget Monitoring We’ll start the second page by understanding the data structures for Budget Monitoring. The first four objects/tables are what you see in the Budget Monitoring application: BUDGET – Is the main table behind the application. It is the one where you find…

  • Budget Monitoring (3 of 3) – Project Costing – a worked example

    Budget Monitoring (3 of 3) – Project Costing – a worked example

    Last Updated on November 17, 2022 by maximosecrets The following pages will show you how to create a new focal point which can be used for CAPEX budgets based on the Cost Management application’s records.  Creating the Focal Point and Rule Associations The Cost Management application is used for managing project costs, particularly where there…

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