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What formula is used to get the project data? Detailed Estimates Budget Project Project Initiation and Planning 100,000 110,000 Plant Equipment 5,000,000 5,000,000 New Trucks
What formula is used to get the project data?
Detailed Estimates | Budget | Project |
Project Initiation and Planning | 100,000 | 110,000 |
Plant Equipment | 5,000,000 | 5,000,000 |
New Trucks | 750,000 | 750,000 |
Construction | 800,000 | 1,016,000 |
Installation | 450,000 | 495,000 |
Process Review and Change | 150,000 | 162,000 |
Project Management | 125,000 | 127,500 |
Training | 125,000 | 130,000 |
7,500,000 | 7,790,500 | |
Totals | ||
New | Budget Estimate | Project Estimate |
Equipment | 5,750,000 | 5,750,000 |
Construction and Renovation | 1,250,000 | 1,511,000 |
Training and Change Management | 500,000 | 529,500 |
7,500,000 | 7,790,500 | |
Percentage Difference | 5.80% |
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