PPM-yearly budgets with annual increments

Summary:

For long-term projects spanning 3 to 5 years, the customer intends to use yearly budgets with annual increments to account for cost escalations and adjustments over time.

We would like to understand how such annual budget increments can be managed effectively within Oracle Fusion Projects. Specifically:

• Can incremental versions be created year-on-year while maintaining continuity in budget control?

Any insights on this is appreciated.

Content (please ensure you mask any confidential information):

25B

Version (include the version you are using, if applicable):

Code Snippet (add any code snippets that support your topic, if applicable):