Budgetary control in Oracle Fusion Project Portfolio Management (PPM) allows organizations to manage and control their project budgets effectively. It helps ensure that projects stay within budgetary limits and do not overspend. Here are some key features and steps related to budgetary control in Oracle Fusion PPM:

1. Budget Creation: To implement budgetary control, you first need to create budgets for your projects. In Oracle Fusion PPM, you can create budgets at various levels, such as project level, task level, or expenditure type level.

2. Budgetary Control Rules: Define budgetary control rules to specify how budgetary control should be enforced. These rules can include criteria like budget thresholds, tolerances, and budgetary control action.

3. Budgetary Control Action: Specify what action should be taken when budgetary control rules are violated. This can include actions like warning messages, blocking transactions, or routing them for approval.

4. Monitoring: Continuously monitor your project’s financial transactions and compare them against the budget. Oracle Fusion PPM provides real-time visibility into budget vs. actual spending.

5. Budget Transfer: In case of budget adjustments or transfers between projects or tasks, Oracle Fusion PPM allows you to perform budget transfers while still maintaining control over the budget.

6. Notifications: Set up notifications to alert relevant stakeholders when budget thresholds are exceeded or when budgetary control actions are triggered.

7. Reports and Dashboards: Utilize reporting and dashboard features to track budget performance, view budgetary control violations, and analyze financial data.