In the Trenches with Microsoft® Office Project 2007

What Are Budget Resources and When Do You Use Them?

Budget resources are, well, exactly what their name implies. They are resources you set up to budget for work or costs during a project. Using a budget resource, you can compare amounts you want to budget for Work, Material, and Cost resources to the amounts you actually assign to those resources, helping you see where you stand after you make resource assignments.

Creating Budget Resources

To use budget resources, you create them and assign them to the project summary task to allocate your budget across the entire project. When you create budget resources, you typically set up budget categories that are meaningful to you. In my example, I’ll set up two budget categories: Labor/Materials and Costs. ...