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C_TS412_2021 · Question #99

A service company uses project management and they complain that the system does not prevent their project managers from exceeding their budgets. What actions do you have to take to solve the problem?

The correct answer is B. Activate availability control in the assigned budget profile. Define the tolerance limits in. To solve the problem of the system not preventing their project managers from exceeding their budgets, you have to activate availability control in the assigned budget profile and define the tolerance limits in customizing. The budget profile is a parameter that defines the…

Project Budgeting

Question

A service company uses project management and they complain that the system does not prevent their project managers from exceeding their budgets. What actions do you have to take to solve the problem?

Options

  • AActivate availability control for the WBS elements. Define the tolerance limits on each WBS
  • BActivate availability control in the assigned budget profile. Define the tolerance limits in
  • CActivate commitment management in the project definition Enter the budget in the master data of
  • DActivate availability control for projects in the controlling area. Enter the plan data for each WBS

How the community answered

(22 responses)
  • A
    9% (2)
  • B
    73% (16)
  • C
    5% (1)
  • D
    14% (3)

Explanation

To solve the problem of the system not preventing their project managers from exceeding their budgets, you have to activate availability control in the assigned budget profile and define the tolerance limits in customizing. The budget profile is a parameter that defines the basic settings for budgeting in your project, such as whether availability control is active or not. The tolerance limits are values that specify how much deviation from the budget is allowed before the system issues warnings or error messages.

Topics

#availability control#budget profile#tolerance limits#budget overrun prevention

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