Studio Finance |
DescriptionStudio Finance supports a specific Studio teams from a financial perspective. They work with the core Controls and Finance team to manage their budgets, buy strategy and forecast. |
Process |
Current State |
Description |
Ability for Finance and the Controls Team to re-allocate Budget within the project.
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Estimator/Finance reviews the Budget Transfer information entered by Estimator/Finance and any attachments to determine if in conformance. If in conformance, based on the agreement with the Project Manager the Budget Transfer will be approved or sent to the Project Manager for approval. |
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Studio Finance or Project Finance creates a new Net Zero to reallocate the authorized funds between cost codes within one authorization as long as the total value nets to zero dollars.
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Studio Finance creates a new Net Zero to reallocate the authorized funds between cost codes within one authorization as long as the total value nets to zero dollars.
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PWA-R Justification for Change (JFC)
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PWA JFCs are created and workflowed to the Studio Finance, and Project Finance. |
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Studio Finance determines the WBS Funding type and confirms type and cause of change. |