Capital Projects – Getting started

Core TSIs : Capital Projects : Capital Projects – Getting started

Capital projects enable project managers to have total control over their projects’ costs. In addition, the Financial Console gives a clear overview on the status of your projects and its corresponding budgets.

To start a capital project, a process flow is required. This process flow is explained in the following sections:

1. Defining a capital project

2. Defining a cost group

3. Linking a capital project to a cost group

4. Defining budgets

5. Defining funds (optional step)

6. Executing a project