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Workspace Settings: Project Financial Health

Learn how to enable and customize the Automated Financial Project Health Widget in INGENIOUS.BUILD to instantly track a project's financial status on the Project Dashboard.

Mariah Eve Taborada avatar
Written by Mariah Eve Taborada
Updated over a month ago

Overview

The Automated Financial Project Health Widget in INGENIOUS.BUILD provides instant visibility into a project’s financial status. Instead of manually navigating budgets and calculating variances, this widget dynamically updates to show whether a project is over budget, under budget, or at risk directly on the Project Dashboard.

Process

1. Editing the Financial Health Widget

Note: Only Workspace Administrators can enable and modify this widget in Company Settings.

To activate and configure the widget:

  1. Navigate to Company Settings – Click your profile in the bottom-left corner and select Company Settings.

  2. Go to the Projects Tab – Under Company Settings, select Projects.

  3. Access the Project Dashboard Widget – Click on the Project Dashboard Widget tab.

  4. Edit Status Thresholds – Click Edit, adjust the financial thresholds as needed, and click Save.

2. Understanding Financial Health Statuses

The widget updates dynamically based on real-time budget and commitment data. The following statuses may appear on your Project Dashboard:

  • Under Budget – Commitments are within the allocated budget.

  • Over Budget – Costs exceed the budget.

  • At Risk – The project is nearing budget limits.

3. Viewing Financial Health in a Project

  1. Open a project in INGENIOUS.BUILD.

  2. The Financial Project Health Widget appears on the Project Dashboard.

  3. Instantly view the project's financial status based on budget and committed costs.

For example, if a project has a budget of $3.425M and committed costs of $3.325M, the widget will display Under Budget since commitments are 90% of the total budget.

Key Notes

  • The widget updates dynamically based on budget and cost commitments.

  • Reduces manual calculations, saving time and improving financial oversight.

Congratulations! You’ve successfully configured the Automated Financial Project Health Widget in INGENIOUS.BUILD. For further assistance, visit our Help Center or contact Customer Support.

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