What is the Bucket Limit

The bucket limit is the maximum amount of money that should be spent within a bucket. This limit is set by the user and can be adjusted at any time. The bucket limit is important because it helps to ensure that assignments of work to the bucket are not exceeding the expected cost of the project. In fact, when assigning items to a budget bucket, the Allocation Tracker will compare the current amount in the bucket to the limit.

By setting a limit, users can avoid over-funding a bucket and can ensure that their money is being allocated to the right places.