PwC175i



A logically
defined project
& task
numbering
system is used
with a project /
job number
that allows
division and
reporting by
logical
elements or
segments



A facility to
predefine a list
of project types



Establish who
owns, who
controls and
who monitors
the project



Budget

established in

financial and

quantitative

terms as an

option



Budgets by

individual

property and

group of

projects



Reforecasting /

multiple budget

facility



Multi currency

budgeting



Information

from past

projects

available to

assist with

estimate of

future project

costs



Direct costs
allocated per
timesheet
entry



Indirect costs
per timesheet/
algorithms



Collect costs
in line with
project
milestones /
phases



Various ways
of collecting
costs; full
cost,
marginal,
direct costs,
direct costs
and uplift, etc,



Actuals and
commitments
(ie PO) raised
against
project
budget



Monitor
against
defined
milestones



Confirm
physical
progress of
project



Amend
budgets for
known costs
overruns /
savings



Project costs
can be
allocated to
departments
or billed to
customers at
appropriate
times



Charge
against
agreed
milestones

Best Practice Features

Project Accounting - Best practice features

Establish project

Allocate budgets

Allocate costs

& time

Review project

progress

vs costs & budget

Bill or charge

for project