Core allows you to set up budgets in general and then assign them to multiple projects or create budgets specific to a project structure (parent projects with child phases). You can also create standard budgets in general and then copy their details to new budgets as and when needed. To do so:
- Create and save a 'template budget' in Core > Projects > Budgets that has all the budget details that your team uses most of the time. You can add line items for all the common activities and expenses involved.
- Then create a new budget using the Create From Existing Budget option. Select the 'template budget' to copy from.
- All the information from the 'template budget' is copied to the new budget. You can tweak your new budget details as needed and then save it.
- Now assign this new budget to the relevant project.
After logging time and expenses against such projects, you can run the Budget Comparison reports to track their progress.