Contrast the budget from the charter to the final budget
You will submit a two-part summary report (business professional format) of your project budget and resources, which includes the following: MS Word file with report of project budget and resource management
Part 1: Project Budget (Cost Management)
discuss your approach to estimating the project cost (e.g., top down, bottom up, etc.) and why that method was chosen.
Create a table that shows the original budgeted cost (from the charter) and the actual budgeted cost (side by side). Include line items for labor, materials, contract, equipment, travel cost, and so on.
Compare the budget from the charter to the final budget and explain any variances that occurred from your original budgeted cost in the project charter and the current project cost (include your original estimated cost for the project).
Explain your budget contingency plan and how much is budgeted for contingency.
