Project budgets that connect to the bigger picture.
IDU enables organisations to budget, forecast, and report on projects within the broader financial planning environment. By linking projects directly to accounts and cost centres, organisations gain greater visibility, accountability, and control across both capital and operational initiatives.
Connected planning across projects, departments, and finance.
Projects with their own financial identity.
Project owners can capture and manage detailed budgets for assigned projects, including phased timing and supporting detail. Projects can be managed independently while remaining aligned to the broader financial plan.
Integrated into the organisational plan.
Project budgets automatically roll into departmental and organisational financial views, giving finance visibility across the full project portfolio without manual consolidation or re-keying.
Visibility of actual and committed spend.
Actual and committed spend can be integrated from source systems, allowing users to compare project budgets, commitments, forecasts, and actual performance within one view.
Project plans connected to the financial plan, end to end.
Multi-year project planning
Budget and forecast projects across multiple years while maintaining visibility of total project cost, phased timing, and remaining commitment. Year-end does not require rebuilding the project plan.
Flexible and configurable structures
Project budgeting is highly configurable and can be tailored to different industries, project types, and organisational requirements. Additional project information such as funding source, classifications, and dates can be captured as part of the process.
Collaboration with controlled access
Project managers, finance teams, and operational stakeholders can contribute to project budgets in real time, with role-based access and governance controlling visibility and responsibility.
Integrated reporting and drill-down
Analyse project budgets, actuals, and commitments with drill-down from cost centre to linked projects and underlying transactions, improving transparency and accountability across the project portfolio.
FAQs about project planning with IDU.
Can project budgets be linked to accounts and cost centres?
Yes. Projects are linked directly to accounts and cost centres, providing visibility of project impact within departmental and organisational financial reporting.
How does IDU handle multi-year projects without losing the master plan?
Project budgets are built once with phased timing across years, then layered into each annual budget without manual rework. Re-baselines preserve the original plan in the audit trail — you always see what was approved versus what is being executed.
Can we manage both capital and operational projects?
IDU supports budgeting and forecasting for both capital and operational initiatives, including infrastructure, maintenance, operational improvement, and long-term strategic projects.
Does project budgeting connect to capex and asset registers?
Yes. Capex projects flow from the project plan into the capital register and (post-acquisition) the fixed asset register. Budget-vs-actual reconciles at every ERP sync. No more capex tracked separately from the operating plan.
How does IDU handle multi-year projects?
Projects can be budgeted and forecast across multiple years while maintaining visibility of total project cost, phased timing, committed spend, and remaining budget.
Can different project owners run their own budgets independently?
Each project has its own owner with role-based access. Owners build and revise their plan; finance sees the consolidated portfolio. Submissions roll up automatically, and reconciliation between owner-level detail and group-level totals is automatic.
Can multiple project owners contribute at the same time?
Yes. Multiple users can work on project budgets concurrently within a controlled environment, with role-based access and visibility.
How are scope changes and re-baselines tracked for audit?
Every revision is timestamped, attributed, and preserved. Approval workflows route significant changes to the right signer. Auditors see every original baseline, every revision, and the reasoning recorded by the project owner.
How are actual and committed costs reflected?
Actual and committed spend can be integrated from source systems on a scheduled basis, allowing users to compare budgets, commitments, forecasts, and actual performance within one view.
Can project budgets flow into the broader financial plan?
Yes. Project budgets automatically roll into departmental and organisational budgets, forecasts, and reporting structures, ensuring alignment across the financial model.
Can project budgeting support detailed project information?
Yes. Additional fields such as funding source, classifications, project dates, and other operational details can be configured as part of the budgeting process.
How is access controlled?
Access is role-based and configurable. Project owners can manage their projects while finance maintains visibility and governance across the portfolio.
How are project changes and revisions audited?
All project changes, revisions, and approvals are tracked and timestamped, providing a complete audit trail across the project lifecycle.
Can we report at both project and cost centre level?
Yes. Users can analyse budgets, actuals, commitments, and variances at both project and cost centre level, with drill-down to underlying transactions where required.
IDU-Concept transformed our budgeting process — faster, more accurate, far more transparent.
For the first time we have been able to include more people in the budgeting process, increasing involvement and transparency.
Bring projects and financial planning together.
Manage project budgets, commitments, and actual spend within the same governed financial model.