Request funds for a project in classic Project Workspace

  • Release version: Washingtondc
  • Updated February 1, 2024
  • 1 minute to read

    • Request funds for your project investment to work on project activities and meet the business goals.

    Before you begin

    You can request funds for your project if the following conditions are true:
    • The Investment Funding (com.snc.investment_funding) plugin is activated.
    • The funding entity for Project is available and is active.

    Role required: it_project_manager

    About this task

    If you have added cost plans to your project, you can refer the total planned cost displayed on the column header of each period to determine the amount to request.

    Procedure

    1. Navigate to All > Project > Projects > Project Workspace.
    2. Click a project for which you want to review or manage funds.
    3. On the Project Workspace, click the Financials tab.
    4. Click the Funds tab.
      The Funds list shows funding sources if you have previously requested funds from them for your project.
    5. Click the Add New Source link to select the funding source.
    6. In the Select a Source pane, select one or more source investments from the list, and then click Add Selected.
      The specified funding source is added in the Request Funds grid.
    7. In the Request Funds grid, specify the amount in the CapEx and OpEx columns under New/Modify Request of the funding sources from which you want to request funds.
      The state of all updated funding sources changes to Draft or Planning, which is indicated by highlighted cells.
    8. Click Request.
    9. In the Confirm request dialog box, verify your requests and add a comment if required.
    10. Click Request