The Default Project Budget feature streamlines budget planning by automatically applying a predefined Percentage of Fee to new phases and work categories. This default value ensures consistency across the project, simplifying the budgeting process. The Budget Amount for each phase and work category is automatically calculated using this default percentage, making it easier to manage project finances and maintain alignment with overall financial goals.
Click the field
A modal will open for entering the percentage
Adjust the percentage as needed, then click save.
The field will update.
When creating new Phases, all of them will have a default Percentage of Fee of 70%.
