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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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