<span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">Manage Project Accounting process involves tracking and managing the financial aspects of specific projects. Key steps include developing project budgets, tracking costs, recognizing revenue, preparing financial reports, analyzing variances, and ensuring compliance. The main goals are to maintain budget control, provide accurate financial information, optimize financial resource allocation, and measure project performance.</span></span><br/><span style="background-color:rgb(255,255,255);color:rgb(0,0,0);font-family:Lato, "Helvetica Neue", Helvetica, Arial, sans-serif;font-size:15px;"><span style="-webkit-text-stroke-width:0px;display:inline !important;float:none;font-style:normal;font-variant-caps:normal;font-variant-ligatures:normal;font-weight:400;letter-spacing:normal;orphans:2;text-align:start;text-decoration-color:initial;text-decoration-style:initial;text-decoration-thickness:initial;text-indent:0px;text-transform:none;white-space:normal;widows:2;word-spacing:0px;">This process was renamed n 24.5 old name was Project Accounting</span></span><br/>
The process of tracking, recording, and managing the financial aspects of specific projects to ensure accurate financial reporting, budget adherence, and effective financial resource allocation.
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HierarchyLevel
4
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Description: the level of this object in the hierarchy (1-x integer)
Issue
Business Process Framework 20.0 Addition
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Maturity
4
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Description: the maturity level of this element (1-x integer)
Process Identifier
1.7.5.4.6
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TMFStatus
Not Fully Developed
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Values: Released,Preliminary,Draft,Not Fully Developed,likelyToChange,likelyToBeDeprecated Description: the TM Forum status