Deltek Vantagepoint Projects Series: Entering and Using Project Budgets

Overview

Course Details

Learn how to use the Budget application to enter and review labor, expense, and consultant budgets for your projects.

Duration: 36 minutes

Course Objectives
  • Explain the purpose and advantages of budgeting
  • Discuss the configuration settings required to use Budgets in Deltek Vantagepoint
  • Create labor and expense budgets at billing and cost rates
  • Demonstrate how to update Percent Complete amounts
  • Demonstrate how to copy a project budget
  • Use Project Reports and Project Review to monitor project performance by comparing the budget to the actual amounts spent on projects
Instructor
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Marlaina Mandeville
Deltek Vantagepoint
Sr Principal Learning Content Specialist

Glossary

Override Rate A rate used instead of an otherwise specified rate.
Fee The dollar amount over and above allowable costs paid on a contract; profit
Burden An indirect cost allocation.
Ceiling An amount or percentage that a cost cannot go above.
Pool A collection of indirect costs to be allocated.

Resources

Click on the links below to download the files.

Guided Practice The Acumen Fuse Boot Camp Series Part 1: Quick Start - Guided Practice that contains the steps to the activities you can replicate on your own copy of Acumen Fuse or with the Deltek Learning Lab.
Acumen Fuse Boot Camp Series Sample File A zip file of sample projects used in this course that you can download and import into your own copy of Acumen Fuse for practice.