Tracking Commitments on Projects

Objectives

After completing this lesson, you will be able to:

  • Outline the process of commitment follow-up

Commitments on Projects

As part of your job monitoring project financials, you need to keep track of the realized expenses, but would also like to be able to ensure that planned future expenditures are withing the budget limits. You need to know how you can track commitments and actuals in conjunction with the budget allotted for each project.

Tracking Commitments

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