Find planned value

The original labor budget for the project is $105,200, based on 2,104 budgeted hours at the standard IT department rate of $50/hr. Any necessary equipment will be paid for out of a state technology grant program whose funds are expiring this fiscal year.

The project started the first Monday of March, and the goal is to finish by the end of the city's fiscal year, which runs July 1-June 30.

	Budget	% Complete	Expenditures
	Hours	Dollars	Hours	Dollars
Utilities	352	$17,600.00	26.23%	90	$4,500.00
Create database tables	48	$2,400.00	100%	45	$2,250.00
Data cleanup and import	65	$1,600.00	54%	15	$750.00
Customization of utility module	208	$10,400.00	13%	30	$1,500.00
Integration with water meter system	40	$2,000.00	0%	0	-
Testing	24	$1,200.00	0%	0	-