Spending Plan

“Spending Plan” is the least used option in Primavera, but it is especially helpful when you want to track your Actual Costs against the Budget allocated to your project. You can track Actual Cost vs. Budget across WBS and rolling up to your Project and ultimately to your EPS. While using Spending Plan we need to keep one this in mind that this method uses a Top Down approach i.e. You have a total budget on the top node (Project) and you distribute it to the respective EPS/WBS underneath it.

Note – Spending plan dates start from PS-3 Months and finishes by after 4 yrs.

The following fields are used in Spending Plan;

1) Spending Plan – This is a user entered field where you enter the allocated Budget for the WBS/Project/EPS.

2) Spending Plan Tally – is a summary and it rolls up from the child nodes. If you are using it for a project then it will rolls up one level up from the child WBS and the same for EPS nodes.

WBS		Spending Plan		Spending Plan Tally
WBS 1		200		200	Rolls up from WBS 1.1 + 1.2
WBS 1.1		100		0	No Spending Plan Tally cause no child node
WBS 1.2		50		0	No Spending Plan Tally cause no child node
WBS 2		50		10	Rolls up from WBS 2.1
WBS 2.1	10		0		No Spending Plan Tally cause no child node

3) Undistributed Current Variance – (Spending Plan – Spending Plan Tally) – Follows a Top Down logic, it shows whether you have distributed your budget to the child nodes (WBS/EPS) or not.

WBS	Spending Plan	Spending Plan Tally	Undistributed Current Variance
WBS 1	200	200	0
WBS 1.1	100	0	100
WBS 1.2	50	0	50
WBS 2	50	10	40
WBS 2.1	10	0	10

4) Benefit Plan – Benefit plan follows the same logic as spending plan but indicates the benefits that you stand to gain every month. This is also a user entered field and data has to be manually entered

5) Benefit Plan Tally – Same idea as Spending Plan Tally but only for Benefits.

6) Benefit Variance – (Benefit Plan Tally value – Benefit Plan value) – Follows the same logic as Undistributed Current Variance