A budget based on costs
Use this option to set and manage a budget based on the costs involved in the completion of a project.
This field allows you to set the maximum cost you want to allocate to the budget. It is by referring to this amount that progress alerts will be triggered based on thresholds (percentage) that you have defined.
To learn how to read the key performance indicators or how to create budget alerts, please refer to the article How to set up a budget and alerts for a project.