How do I track my project budget?
Set and amend your project budget, understand contingency and target budget.
Project budgets
Each project has a budget — the allocated working budget for the project. You can also set a contingency reserve. The target budget is the budget plus the contingency.
- Open a project.
- Go to Financials (the financial overview page).
- The budget and contingency are shown at the top.
- To amend the budget, use the amend budget option — this opens the financial gateway for authorised changes.
Budget amendments are controlled by the financial gateway. Only Project Managers, SROs and Organisation Administrators can amend a budget.
Currency
Each project stores its own currency (for example, GBP, USD or EUR). The currency is inherited from your organisation's default currency when the project is created and is stored independently, so changing the organisation default does not affect existing projects.
ClearVerso provides project-level financial visibility. It does not replace specialist accounting or finance systems.