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To help you manage project costs, Oracle Project Costing provides detailed analysis of how your actual costs compare to your project budget. Compare both actuals and outstanding commitments to your original and current budgets, and drill down from the summary of project costs to see the cost details at the task or transaction level.
The advantages of program budgeting is that the various tasks and  milestones of the program will be financed in advance.  Disadvantages include the likelihood of many other â¦ program phases  failing to take off because one crucial phase was not properly  budgeted for.6 people found this useful. Steve Drake.he advantages of program budgeting is that the various tasks and  milestones of the program will be financed in advance.  Disadvantages include the likelihood of many other â¦ program phases  failing to take off because one crucial phase was not properly  budgeted for. 6 people found this useful. Steve Drake.