In this course, attendees will learn how to use the Capital Budget functionality in PowerPlan. It covers how to reconfigure existing processes and how to implement best practices. It’s intended for those with an interest in improving project tracking, analysis, and streamlining the budgeting process.
Topics:
- Capital Budgeting
- Identifying Best Practices, Alternatives and Improving Processes
- Budget Structures and Definitions
- Budget Versions – Budget Grouping and Processing
- Budget Creation, Project Initiation, and Setup
- Estimating Tools – Options for Entry & Modification
- Managing Forecasts / Creating Outlooks for Future Years
- Authorizing for Spending – Approvals
- Computations (AFUDC, Overheads, Closings)
- Projects & Monitoring
- Project Prioritization, Valuation, and Justification
- Viewing Budget Reports
- Utilizing Commitments / Accruals
- Managing Alerts for Unwanted Data Scenarios
- Controlling Security Options
Objectives:
At the end of this course, you will be able to:
- Describe the different major components of the Capital Budgeting Module
- Explain the suggested methods of budgeting within PowerPlan and the benefits that may result
- Demonstrate an ability to use the Budgeting components, including administering, analyzing, and maintaining the system
- Describe the flow of information from capture, transformation, review, approval, through to analysis and benchmarking
Intended Audience:
Users and Managers involved in Capital Budgeting within PowerPlan looking to improve their current use and especially those looking for options to revamp their budget process.
Additional Information:
Prerequisites: Familiarity with PowerPlan concepts such as gained in the PowerPlan Asset Accounting course is helpful for those attending this course.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Live or Group Internet Based
CPE Credits = 8 or 16 credits possible (Finance)
