“FUN”DAMENTALS
CLOSING TIME
CREATION THEORY, PROJECT THAT IS
REPORTING FOR DUTY
CONTRACT SCHMONTRACT
100
Capital is one type of funding, this is the other
What is Expense?
100
This first step of closing the project is often performed by the project manager
What is closing networks?
100
When it comes to project information, this is the gospel source of truth
What is PEATS?
100
There are 4 types of spending profiles in PEATS. Actual, Adjustments, Budget…and this F word.
What is Forecast?
100
If the Contract is not updated, we can't do this to your project later
What is 'Put in Service'?
200
What used to be called an Annual Program, it is now called this
What is a Trend Project?
200
The alarming term used for a capital project that will exceed 365 days spending
What is Breach?
200
Typically with IT Projects, this person approves the Gate 1 Expense Funding
Who is the Director?
200
If it's not Settled, it must be this
What is Posted?
200
The Contract has two main sections, Resources and these
What are Key Activities?
300
If you want to spend, you want your project to be on this list
What is the 1 to N List?
300
This is the default Asset name that is bound to cause us trouble down the road
What is ITNEWAPP?
300
This is the team that creates the WBS
Who is the IT Projects Office?
300
Normally, to see my project actuals, I'll click this section of PEATS first
What is 'Cash Flows'?
300
If your application isn't listed in this master repository, you have some work to do
What is What is the Corporate Library?
400
She is the PEATS gatekeeper for approving your IT Aliant Projects
Who is Sharon?
400
This is the person who approves that the project is in service
Who is the BU or project sponsor Director?
400
When creating a peats, if you don't know the Sub-Spending Unit or the Program, you should do this immediately.
What is Stop?
400
These don't show up in SAP
What are Adjustments?
400
The details in your contract should match the details in this finance Due Diligence item
What is the Classification?
500
To be completed in tandem with the Classification, this agreement is critical.
What is the Contract?
500
The four letter acronym we use to refer to putting an asset in Service
What is TECO?
500
At Gate 1, this is the usual number of DD's assigned to your project. You should monitor them closely.
What is three?
500
You can build your own report using this
What is Query Tool?
500
If your application is not listed, you will use this until it can be added
What is ITNEWAPP?
M
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