2.3. Analysis Tool

Analysis Tool will offer advanced tools for conducting ‘what if’ analysis, enabling users to assess the impact of potential changes on project profitability, including changes in costs, schedules, resource allocation, etc.

We can create multiple models for one project.

2.3.1. Create Analysis Tool

• Step 1. Go to the Manage menu under the BudgetMaster in the left sidebar -> Select a project and click View

• Step 2. Select Analysis Tools button

Or go to the Analysis Tools menu under the BudgetMaster in the left sidebar.

1. Enter the Model Name
2. Enter data in the fields Budget Threshold, Expected Revenue, Expected Cost, Contingency Funds, Actual and Planned columns.
3. Project Budget = total planned amount of all tasks, subtasks and milestones.

• Step 3. Then select Save button
• Step 4. To create another model for the same project, select New Model button

2.3.2. Edit model

• Step 1. Select a model -> select View

• Step 2. Update and Save

2.3.3. Delete model

• Select a model -> select Delete -> Confirm to delete