What is a Project Spend Plan?
A project spend plan is the combination of funding sources, specific funding amounts, and start/end dates that determine the budget of a project. The information you enter in a project's spend plan will be used to calculate the following:
Budget: calculated based on the remaining funds assigned to a project divided by the number of months until the project can no longer use the funding source.
Planned Rate: a linear calculation that determines the amount that would be spent in a day if the funds were evenly distributed throughout the allotted time.
To learn how to create a project spend plan, see the Add a Project Spend Plan article.