Create a monetary benefit plan for a project

  • Release version: Australia
  • Updated March 12, 2026
  • 1 minute to read

    • Create a monetary benefit plan to specify the estimated benefit in a category spanning one or more fiscal periods. Project benefit plans capture the potential benefits accrued by the project when the project is executed.

    Before you begin

    Role required: it_project_manager

    About this task

    The monetary benefit plan breakdown records are automatically created when you save the benefit plan.

    Procedure

    1. Navigate to All > Project > Projects > All.
    2. Open the required project.
    3. In the Monetary Benefit Plans related list, select New.
      Note:
      To create a monetary benefit plan from the Financials tab in Project Workspace, select Manage.
    4. On the form, fill in the fields.

      For field information, see Benefit Plan form.

      Note:
      When you move the project or the milestone date, the associated benefit plans also change accordingly based on whether the benefit plan is tied to the project start date, end date, or one of the project milestones. The project property Change Resource Plan, Cost Plan and Benefit Plan Start Date with Demand or Project Start Date Change controls the behavior for project date changes.
    5. Select Submit.

    What to do next

    On the Benefit Plan form, view the benefit breakdown by fiscal period in the Monetary Benefit Plan Breakdowns related list.