Add a Component to a Project in Portfolio Financials

Cost Allocations allow you to allocate budgets, holds, contracts, schedule items, and change orders to sub-projects called components using percentage-based allocation rules. Each component acts as a sub-project to which you can allocate and track costs. Budgets, holds, contracts, schedule items, and change orders can all be assigned to components based on the percentage-based logic of the allocation rules assigned to them.

• Required User Permissions:

  • 'Full Access' to the project or higher.

• Additional Information:

  • Important! After a component is added, the Allocations feature cannot be disabled for the project, and the component cannot be deleted.

• Components must be enabled for the project. See Enable Cost Allocations and Components for a Project in Portfolio Financials

1. Navigate to the Components section of the Project Page.

2. Click Add Component.
   
   
   

3. Enter the following information:

   • Component Name

   • Optional: Component Size (in square feet)

4. Click Add Component.

• Add Allocation Rules for Components in Portfolio Financials