2. It's the second month of the billing cycle and the following invoices and pay applications have been received to date: COSTS THROUGH PAY APP #002 Cost Description Direct/Sub Cost Code 01100 01700 01900 03330 03400 03450 03900 04300 04400 31100 Supervision Temp Utilities Job Site Clean-Up Concrete Labor Concrete Materials Concrete Pump Truck Reinforcing Steel CMU Labor CMU Materials Grading and Excavation $10,500 $1,200 $500 $26,720 $23,200 $2,400 $15,680 $10,400 $14,825 $5,000 Direct Direct Direct Direct Sub Sub Sub Sub Sub Sub Additionally, in forecasting the work left to complete, you believe that the project is only 25% complete when estimating the amount of supervision left. You also think that the remaining amount of concrete labor left is $49,900. You forecast needing the remaining budget that was allocated for temp utilities and job site clean-up. Prepare a SEPARATE revised Committed Cost Worksheet. Is the project now over or under budget? By how much? Which category is the most significantly over budget? Assuming that schedule acceleration could be procured at zero cost from your subcontractors (meaning that they would not submit a change order if you required the work to be completed faster), what could you do to bring the project back within budget? 2. It's the second month of the billing cycle and the following invoices and pay applications have been received to date: COSTS THROUGH PAY APP #002 Cost Description Direct/Sub Cost Code 01100 01700 01900 03330 03400 03450 03900 04300 04400 31100 Supervision Temp Utilities Job Site Clean-Up Concrete Labor Concrete Materials Concrete Pump Truck Reinforcing Steel CMU Labor CMU Materials Grading and Excavation $10,500 $1,200 $500 $26,720 $23,200 $2,400 $15,680 $10,400 $14,825 $5,000 Direct Direct Direct Direct Sub Sub Sub Sub Sub Sub Additionally, in forecasting the work left to complete, you believe that the project is only 25% complete when estimating the amount of supervision left. You also think that the remaining amount of concrete labor left is $49,900. You forecast needing the remaining budget that was allocated for temp utilities and job site clean-up. Prepare a SEPARATE revised Committed Cost Worksheet. Is the project now over or under budget? By how much? Which category is the most significantly over budget? Assuming that schedule acceleration could be procured at zero cost from your subcontractors (meaning that they would not submit a change order if you required the work to be completed faster), what could you do to bring the project back within budget