Typically, the target amount is provided by the steering committee or the
investment committee. Based on the actual amount spent in the last fiscal year, the
target for the planned fiscal year can be 110% of the last year spent amount. The target
is the starting point for planning projects for the next fiscal year.
target can also be set with ITFM Budget Targets. The target defined in ITFM
can also be modified in portfolio workbench.
The budget target appears in step 1. You can click the target amount to revise