Professional Documents
Culture Documents
A. F. FERGUSON & CO
NEW DELHI
CONTENTS
Process No.
01
02
03
04
05
06
07
08
Process
Page No.
Introduction
Approval of Cost Sheets, Bidding and Obtaining of award
for execution
Accounting for project expenses incurred by Consultancy
Wing
Accounting for expenses relating to manpower drawn from/
expenses incurred by other units of NTPC for consultancy
assignments
Invoicing and Accounting of Collection
Cost Monitoring and control
Period-end accounting
Budgeting and Control
Approval of Budget
1
3
6
9
12
16
18
20
22
List of Formats
Format
Cost Sheet
Resource Allocation Sheet
Cost Sheet Vetting Register
Project Cost & Monitoring Control Register
Claims Reimbursable by Clients
Imprest Statement
Time Sheet
Invoice
Invoice Register
Service Tax Register
Money Receipt
Status of Work Done
Certificate for Projects completed during the period.
BUDGET FORMATS
Income Budget
Expenditure Budget
Overhead expenses of Consultancy
Manpower Budget
Miscellaneous Bought Out Assets Budget
MIR FORMATS
Statement of Claims Reimbursable by Clients Pending Invoices
Statement of Outstanding dues
Summary of Outstanding dues
Statement of actual cost as against approved cost sheet
Manday Utilisation Report
Report on Income Budget vs Actuals
Report on Expenditure Budget vs Actuals
Report on Overheads Budget vs Actuals
Budgeting Process
Format No
CW/01
CW/02
CW/03
CW/04
CW/05
CW/06
CW/07
CW/08
CW/09
CW/10
CW/11
CW/12
CW/13
CW/BUD/01
CW/BUD/02
CW/BUD/03
CW/BUD/04
CW/BUD/05
CW/MIR/01
CW/MIR/02
CW/MIR/03
CW/MIR/04
CW/MIR/05
CW/MIR/06
CW/MIR/07
CW/MIR/08
INTRODUCTION
Consultancy Wing is a separate profit center of NTPC.
following activities:
The consultancy contracts are carried out under the overall control and supervision of
Project Manager, who is nominated on case-to-case basis after obtaining the contract
from the clients. The contracts are executed both by personnel on the payroll of the
Consultancy Wing as well as by the manpower drawn from the other units of NTPC.
This manual covers the financial aspects, accounting policies and procedures, budgeting
process and management information system etc., for execution of consultancy contracts.
In addition to this manual, all the other manuals prescribed for the Finance and Accounts
Department of NTPC i.e. the manuals on Cash and Bank, Book section, Personnel
accounting, Procurement and Stores Accounting, Contract Accounting, etc should also be
complied with by the Consultancy Wing .
The accounting guidelines to be followed in respect of execution of consultancy service
contracts/construction contracts are as follows:
ACCOUNTING GUIDELINES
Revenue Recognition
The guidelines for recognition of revenue of consultancy projects are as follows:
Service Contracts
In case of service contracts the revenue should be recognized based on the
proportionate completion method i.e. proportionate to the services provided
against the contract or based on the actual progress of the project.
Proportion of completion is based on the services provided or actual progress of
work as per technical assessment and as certified by the project manager at the
end of accounting period
Construction contracts
In respect of the construction contracts, revenue should be recognized on the basis
of percentage of completion under which revenue is recognized as determined
with respect to the stage of completion of the contract activity at the end of the
accounting period.
Percentage of completion is based on the actual execution of work as certified
by the Project Managers at the end of accounting period.
Items of income and expenditure except depreciation are translated at average rate
for the year. Depreciation is converted at the rates adopted for the corresponding
fixed assets.
Current assets and liabilities are translated at the closing rates, and fixed assets are
translated at the rates in force when the transaction took place.
All translation differences are recognized as income/expenditure during the year
in which they arise.
The above are the broad accounting guidelines for Consultancy Wing. The relevant
accounting standards such as AS-7 for Construction Contracts, AS-9 for Revenue
Recognition and AS-11 for Foreign Currency Translation should be referred to for the
purpose of revenue recognition and accounting for expenses.
Process No: 01
Person
Responsible
Frequency
Finance and
Accounts
Department
CW
Finance and
Accounts
Department
As and when
Within 3
days
Remarks
In case of any
discrepancies,
return the Cost
S.
No
Activity
Person
Responsible
CW
Frequency
Finance and
Accounts
Department
CW
Finance and
Accounts
Department
CW
Same day
Remarks
Sheets to the
Marketing
deptt
for
corrections.
As and when
(before bid
submission)
Project
Finance
Group
CW
Project
Finance
Group
CW
By the next
day
PCMCR is to
be maintained
Project wise,
cost head wise
S.
No
Activity
Person
Responsible
Frequency
Remarks
Document
Type
I
Format
Ref
CW/01
Frequency
As and when
Resource
Allocation Sheet
CW/02
As and when
CW/03
As and when
CW/04
As and when
Distribution To
Finance and
Accounts
Finance and
Accounts
Department
-
Process No: 02
Process brief
This process lays down the procedure to be followed for accounting and recording of
direct expenses incurred on projects. In case any sub contracting is required, the approved
procedures and guidelines prescribed for Works and Procurement for Consultancy
Contracts are to be followed. For release of payments to sub-contractors/ vendors follow
the procedures as detailed in the manuals on Procurement and Stores Accounting and
Contract Accounting. The additional aspects in processing payments are detailed in this
process.
While discharging this function it is to be ensured that:
The Project Code has been correctly indicated on the Payment Requisition Slips
(PRS)
The expenditure is incurred in accordance with the terms of the contract and are
within the limits prescribed in the approved cost sheet
The Project Cost Monitoring and Control Register (PCMCR) is updated with all the
expenses incurred.
In case of Project awarded on Deposit Work basis, commitment for purchases to be
made only after receipt of advance from the client
Expenditure on any consultancy assignment is incurred only if a provision for the
same exists in the approved cost sheets. In other cases necessary approvals should be
obtained prior to incurring the expenditure.
Frequency
Remarks
As and when
Within 7
days
S.
No
Activity
Person
Responsible
Frequency
Remarks
Bank manual
Check for updation in PCMCR
Expenses incurred out of Imprest provided to Project Manager
3
Prepare an imprest statement of all the
Project
As and when
expenses incurred during the period
Manager
required
providing the following details:
Particulars/purpose of expense
Name of the contractor/ supplier
Bill No and date
Amount
Contract/ purchase order no
Cost/ Budget head for the
expenditure
Within 2
days
Monthly
Same day
Month-end
Documents Records
Document
Title
Bills from suppliers
Claims Reimbursable
by Clients
Imprest statement
Time sheet
Document
Type
I
O
Format Ref
Frequency
Distribution To
CW/05
As and when
-
I
I
CW/06
CW/07
As and when
Monthly
Statement of claims
reimbursable
by
clients
pending
invoicing
MIR
CW/MIR/01
Monthly
Accounting entries:
Project expenses payment released from CCW
Expenses A/c
Cash/Bank A/c
Dr
Cr
Dr
Cr
Dr
Cr
Dr
Cr
Process:
Process Brief
This process lays down the procedure to be followed to account for the expenses relating
to manpower drawn from other units of NTPC (shared manpower) for consultancy
projects i.e. the employees who are not on the payroll of the Consultancy Wing (CW) and
other expenses incurred by other units for consultancy assignments.
The credits for the time devoted by shared manpower on consultancy should be given
by the CW to the concerned units through inter unit advices.
In respect of other expenses incurred by non-dedicated personnel for consultancy projects
the same is to be debited to the CW by the concerned units through inter unit advices.
While discharging this function it is to be ensured that
The manpower rates are as per the rates approved in the cost sheet
The project code has been indicated on the expense bills/ claim forms
Activity
Person
Responsible
Cost of Non-dedicated manpower on consultancy projects
1
Receive the time sheets of the shared F&A Deptt employees duly approved by the
Corporate
concerned Project Managers/ competent
CW
authority
2
Prepare JV for inter unit (credit) advice F&A Deptt based on the time sheets and the
Corporate
manpower rates as approved in the cost
CW
sheets for the project. For preparation
and authorization of JV follow
procedures as per manual on Books
Manual on Accounting, Budgeting and reporting of Consultancy projects
Frequency
Remarks
Monthly
Monthly
S.No
Activity
Person
Responsible
Frequency
Remarks
section.
Check for updation in PCMCR against
the manpower cost.
Expenses of other units of NTPC on consultancy projects
3
Receive the claim for expenses along F&A Deptt
with the necessary supporting documents
Unit
from the employee concerned.
Concerned
As and when
Same day
As and when
Same day
10
Documents Records
Document
Title
Time sheet
Document
Type
I
Format
Ref
CW/07
Frequency
Monthly
As and when
Distribution To
-
Project Manager
F&A Deptt CCW
Project Manager
F&A Deptt CCW
Accounting entries:
Time spent by shared manpower on consultancy projects
At CCW
Capital/service maintenance jobs
IUA (Unit concerned)
Dr
Cr
Dr
Cr
Dr
Cr
Dr
Cr.
11
Process No: 04
Process brief
This process lays down the procedure for raising invoices on the clients and the
accounting of collection thereof. The invoices should be raised as per the terms of the
contract/ agreement with the client.
While discharging the function it should be ensured that:
invoices are raised as per the terms of the contract/ agreement with the client and
advances received from clients, if any, are adjusted and accounted properly
invoices raised are serially controlled (project-wise)
a copy of all the invoices raised are forwarded to the Finance Department along
with the supporting documents immediately
Realisations are done on due date and for delay in realizations penalties are
levied, if applicable, as per contract
Realizations are promptly forwarded/ intimated to the CCW and the same is
promptly deposited in the bank
Activity
Invoicing
1
Raise the invoice on the client as per the
terms of the contract/ agreement with the
client
Person
Responsible
Frequency
Project
Manager
As and
when
Remarks
Same day
As and
when
Same day
12
S.No
Activity
Person
Responsible
Frequency
Remarks
Same day
Monthly
Project
Managers
As and
when
Same day
Same day
Same day
13
S.No
6
Activity
Person
Responsible
Verify the amount of Tax Deducted at F&A Deptt
Source and prepare JV to account for the
CCW
TDS deducted. For preparation and
authorization of JV follow procedure as
per manual on Books section.
Calculate the Service Tax payable to the F&A Deptt
authorities concerned during the month.
CCW
Follow the procedure specified in the
Cash and Bank Manual for preparation of
BPV and update the Service Tax
Register for deposit of Service Tax.
Deposit of Service Tax through the F&A Deptt
Challan prescribed for this purpose
CCW
Frequency
Remarks
Same day
Monthly
Monthly,
before 25th
Half
Yearly
As and
When
Monthly
14
Documents Records
Document
Title
Invoice
Document
Type
O
Format Ref
Frequency
CW/08
As and when
As and When
CW/09
CW/10
CW/05
As and When
O
MIR
CW/11
CW/MIR/02
MIR
O
R
Invoice Register
Service Tax Register
Claims
Recoverable
from Clients
Money Receipt
Statement
of
Outstanding Dues
Summary
of
Outstanding dues
Status of Work done
Bank Book
Distribution
-
Corporate CW
Project
Monitoring
Group
-
As & when
Monthly
CW/MIR/03
Monthly
CW/12
-
Monthly
Daily
Client
HOCW
Project Manager
Project Monitoring
Group
HOCW
Corporate Centre
-
Accounting entries:
On raising of invoices
Sundry Debtors
Consultancy, Management and Supervision fees/
Income from Overseas Consultancy/ Project Foreign Currency
Dr
Dr
Cr
Cr
On realisations
Bank A/c
Income tax deducted at source (If applicable)
Sundry Debtors
Dr
Dr
Cr
Bank A/c
Amount recoverable from client for service tax
Dr
Cr
Dr
Cr
15
Process No: 05
Process brief
This process lays down the procedure to be followed for cost monitoring and controls.
The prime responsibility of cost monitoring and controls vests with the Project Managers.
The Finance and Accounts Department, CW assists the Project Manager in monitoring
the cost by generating reports on the financial performance of each consultancy
assignment. The report provides the element wise expenditure incurred and the variance
in comparison to the approved cost.
Departments/ sections involved in the process
Activity
Person
Responsible
F&A Deptt CCW
Frequency
Remarks
As and
when
Monthly
16
S.
No
3
Activity
Person
Responsible
Frequency
Remarks
Monthly
Documents Records
Document
Title
Project
Cost
Monitoring
and
Control Register
Cost
Monitoring
Report
Document
Type
R
Format Ref
Frequency
Distribution
CW/04
As and when
MIR
CW/MIR/04
Monthly
17
Process No: 06
Process Brief
This process deals with the period-end accounting for the consultancy projects in
progress. The procedure for closing of accounts at the month/ quarter-end shall be the
same as provided in the manual on Books Section.
While discharging the function, it should be ensured that:
revenue and provision for expenses on account of projects in progress are calculated
and accounted for as per the guidelines for closing of accounts
overhead expenses are allocated to the projects as per the instructions issued in this
respect from time to time with the approval of Head of Consultancy Wing
foreign Exchange transactions are translated as per the guidelines
Departments / sections involved in the process
3
4
Activity
Person
Responsible
Prepare and forward the accounts closing F&A Deptt
circular to all the Project Managers for CW, CC
submission of the following information
along with the due dates for submission:
Status of work done in respect of
each consultancy project
Mandays utilization for the period
Certificate of completion for projects
completed during the period.
Compile the information as required
Project
based on the actual progress of the
Managers
project, terms and conditions of the
project, estimates received from other
departments, bills in hand from suppliers
and forward the same to CCW
Obtain project status either on actual F&A Depttcompletion basis or on percentage
CCW
completion basis
Review the details received from the F&A DepttProject Managers with the terms of the
CCW
Frequency
Remarks
Period-end
Period-end
Period-end
Period-end
18
S.No
Activity
Person
Responsible
Frequency
F&A DepttCCW
Period-end
F&A DepttCCW
Period-end
Remarks
Document Records
Document
Title
Accounts
Closing
Circular
Status of work done
Mandays utilisation
Certificate for projects
completed during the
period
Document
Type
I
Format Ref
Frequency
Period-end
R
R
R
CW/12
CW/MIR/05
CW/13
Period-end
Period-end
Period-end
Distribution To
-
Dr
Dr
Cr
19
Process No: 07
This section lays down the budgeting process to be followed in respect of consultancy
projects.
Budget activity
The Budgeting activity shall commence in the month of February (on receiving the
budget circular from the Commercial Finance Section, CC for preparation of O&M
budget of the company) and the approved budget should be submitted to the Commercial
Finance Group, CC by 15th of March for consolidation.
Budget Estimates
The budget estimates should be prepared in respect of the on-going projects as well as the
projects anticipated to be obtained/ finalised during the budget period. The following
budgets should be prepared:
Income and Expenditure Budget for the projects - consolidated by the F&A Deptt,
CCW based on the estimates provided by the Project Managers
Overheads budget of CCW F&A Deptt, CCW based on estimates received from the
various departmental heads
20
Budget
Basis
Income and expenditure budget On-going projects
projects
Actual progress of the project
Terms of the contract
Approved cost sheet for the project
New projects
Tender submitted
MOU target for order booking
Similar projects executed/ under execution for
cost purposes
The overhead budget of CCW should be based on
the projects to be executed during the budget
period. The basis for the main items of
expenditure are provided below:
Manpower cost
approved manpower budget
salary structure for each grade of employee
incentives component
Manpower Budget
Capital Budget
21
Process No: 08
3
4
5
6
7
Activity
Issue a circular to all the Project
Managers
and
HODs
for
compilation
of
the
budget
estimates
Budget Estimates
Prepare budget estimates in
respect of
On-going projects
New projects
Prepare details and budgetary
outlays in respect of manpower
and other administration expenses
Prepare budget estimates in
respect of capital items, travel and
other administration expenses
Forward the budget estimates to
F&A
Deptt,
CCW
for
consolidation of the same
Compile the budget estimates in
respect of the finance charges and
overhead expenses of CW
Receive the budget estimates from
Person
Responsible
F&A Deptt
CCW
Frequency
By 1st week of
February
Project
Managers
By 3rd week
of February
HR Deptt,
CW
By 3rd week
of February
HODs, CW
By 3rd week
of February
Project
Managers/
HR Deptt/
HODs
F&A Deptt,
CW
By 3rd week
of February
F&A Deptt,
By end of
Remarks
By 3rd week
of February
22
S.
No
Activity
the Project Managers, HR Deptt
and HODs and consolidate the
same.
10
11
Person
Responsible
CW
Frequency
HOCW
By the 10th of
March
Project
Manager
Monthly
Finance &
Accounts
Deptt, CW
Monthly
Finance &
Accounts
Deptt, CW
Monthly
Remarks
February
Budget Formats
The following budget formats should be used for compiling the budget/ reporting against
budget estimates:
Income Budget
Expenditure Budget
Overhead expenses of Consultancy
Manpower Budget
Report on Income Budget vs Actuals
Report on Expenditure Budget vs Actuals
Report on Overheads Budget vs Actuals
CW/BUD/01
CW/BUD/02
CW/BUD/03
CW/BUD/04
CW/MIR/06
CW/MIR/07
CW/MIR/08
23
Appendix I
BUDGET PROCESS - CORPORATE CONSULTANCY WING
(CCW)
Project Managers
Prepare budget estimates in respect of
ongoing projects
(by 3rd Week of February)
F&A Deptt
Compile the budget outlays (in
respect of overheads of CW)
Consolidate the project budget
outlays and forward to the HOCW
for review and approval
(by the end of February)
HO CW
Review and approve the budget
estimates
(by 10th of March)
CW/01
COST SHEET FOR -----(ASSIGNMENT DESCRIPTION) OF --------(CLIENTS NAME)
REF No:
DATE :
S. No
1
COST HEAD
REMARKS
Manpower cost
Phasing: Year 1
Year 2
Year 3
Deliverables
PC hiring
5
6
7
8
9
10
11
TOTAL
COST
(Rs)
----- nos
----- nos
----- nos
Approved
Rate
Rs.-----Rs.-----Rs.------
Vehicle hiring
Sub-contracting cost, if any
Financing charges, if any
Entertainment and Hospitality
Contingencies
Any other item as per requirement
CW overhead (@ ----% on cost)
25
CW/02
RESOURCE ALLOCATION SHEET
REF No:
DATE :
COST SHEET Ref No :
PROJECT :
PROJECT CODE :
S. No
Cost Head
Manpower
2
3
4
5
6
7
8
9
10
Deliverables
Tours and travels
PC hiring
Vehicle hiring
Sub-contracting cost, if any
Financing charges, if any
Entertainment and Hospitality
Contingencies
Any other item as per
requirement
CW overhead (@ ----% on cost)
TOTAL
11
COST
ALLOCATED
( Rs)
Prepared By ---------------------------------
REMARKS
No. of manday/manmonth is only to be allotted,
alongwith phasing
Approved By ---------------------------------
26
CW/03
COST SHEET VETTING REGISTER
S.
No
Date of
receipt
Name of Client
Description of the
assignment
Cost Sheet
Ref No
Cost Vetted
(Rs)
Date of
approv
al
Sent to
Remark
s
27
CW/04
PROJECT COST MONITORING AND CONTROL REGISTER
Project Code:
Project Name:
S.
Date
No
(1)
(2)
Cost Head
As per
Cost Sheet
(Rs.)
(3)
(4)
As per
Resource
Allocation
Sheet
(Rs.)
(5)
Cumulative
Phasing of
cost
allocation
(Rs.)
(6)
Cumulative
Expenditure
(Rs)
Variance, if
any (6-7)
(Rs)
Remarks
(7)
(8)
(9)
Project Code:
Project Name:
Project Code:
Project Name:
Note:
a)
The balance available represents the amount allocated less the cumulative expenditure based on yearly budget phasing.
b)
The reimbursable expenditure such as tour cost are to be flagged separately and entered in Claims Reimbursable from
Clients Module for proper monitoring.
28
CW/05
CLAIMS REIMBURSABLE BY CLIENTS
Project :
Project code:
Client:
Claims Reimbursable
Date
Particulars
Doc.
Ref.
Amount
(Rs)
Manday
cost, if
any
Remar
ks
Claims Recovery
Invoic Invoic Amoun
e No. e Date t (Rs.)
BR
V
No.
BR Amount Remarks
Received
V
(Rs.)
Date
Note:
a)
This is part of Project Cost Monitoring and Control Register module, in the event of integrated system.
29
CW/06
IMPREST STATEMENT
Cliam ref.Sl No
Project Code
Project Description
Expenses during the period:
Sl. No.
Date
Purpose
Amount (Rs.)
Remarks
30
CW/07
TIME SHEET
Name of the employee
S.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
14
Activity
Preparation of FR
Drawing review
Designation
Project
Code
9121
9219
Employee Departmen
Month
Year
No.
t
Hours worked on different dates of the month
Total time
Development
Training
Miscellaneous
Leave
Holiday
TOTAL
Date
Employees Signature
HOD Signature
Note:
a)
Time sheet is to be filled on daily basis and submitted to HOD on fortnightly basis.
b)
Individual time sheets are to be consolidated by the Project Manager for working out the time consumed for a project.
31
CW/08
INVOICE
Invoice No.
Invoice Date
Order No.
Order Date
Particulars of Claim:
payment
Particulars
Due date of
Lump Sum Fee
(Rs)
Reimbursables
(Rs)
Amount (Rs.)
Remarks
Payment Mode
Total
(Rs)
Remarks
32
CW/09
INVOICE REGISTER
Report As On:_____________
Billing details
S.
Proj.
No Code
Invoice
No
Date
Realisation details
Cur
renc
y
Consultan
cy Fee
Service
Tax
Total
Date
TDS
Deducted
TDS
Certificate
Received
Consultan
cy Fee
Servic
e Tax
Total
Note:
a) Foreign currency contracts, service tax not applicable.
33
CW/10
SERVICE TAX REGISTER
Report As On:_____________
S.
Proj.
Billing details
No Code
Invoice
No
Date
Service Tax
(Rs)
Service
Tax
Realized
(Rs.)
Date of
Realizatio
n
Amount
Deposited
(Rs.)
Date of
deposit
Balance
to be
deposite
d
35
CW/11
Receipt No.
MONEY RECEIPT
Date
Amount
Balance, if any
Remarks
36
CW/12
STATUS OF WORK DONE
As on -------------------Project Code:
Project Name:
Client Name:
Period:
Sl.
No.
List of Activities
Sch.
Completion
Date
Actual
Completion Date
%age actual
Completion as on
date of this report
Remarks
37
CW/13
CERTIFICATE FOR 100% COMPLETED JOBS
Project Code
Client Name
Project Name
Scope
Certified that the above Consultancy Job has been completed upto 100% during the period ______________________ to
______________________ and the date of completion is _____________________________________.
Date: ------------------------------------------
39
CW/BUD/01
INCOME BUDGET
Project Code
Project Name
Project
Value
Actuals for PY
Cumulative
upto PY
Budget
Estimate for
CY
Revised
Estimate for
CY
Budget
Estimate for
next year
Ongoing jobs
Grand Total
41
CW/BUD/02
EXPENDITURE BUDGET
Project Code
Actuals for PY
Cumulative
upto PY
Budget
Estimate for
CY
Revised
Estimate for
CY
Budget
Estimate for
next year
Ongoing jobs
Grand Total
43
CW/BUD/03
Sl.
No.
Nature of Expenses
Basis
Grand Total
45
CW/BUD/04
MANPOWER BUDGET FOR CORE GROUPS
Level /
Grade
Total
Note:
a)
Manpower for Project activities shall depend on expected order booking and turnover target. Projection shall
be given based on targeted jobs
47
.CW/BUD/05
Sl.
No.
Nature of Expenses
Remarks
Grand Total
48
CW/MIR/01
STATEMENT OF CLAIMS REIMBURSABLE BY CLIENTS PENDING INVOICING
For the period ended -------------
Project:
Project code:
Project Manager:
Date
Particulars
Doc. Ref
Amount (Rs)
Manday, if
any
Remarks
Total
Authorized Signatory
49
CW/MIR/02
STATEMENT OF OUTSTANDING DUES
Project Code:
Project Name:
Sl. Invoice
Invoice Amount
Date of
Balance
Age Analysis of
Remarks
No. Date Currency Amount Realized Realization Due, if
outstanding
any
<3
3
>1
months months Year
1
Year
Project Code:
Project Name:
Project Code:
Project Name:
50
CW/MIR/03
SUMMARY OF OUTSTANDING DUES
Sl.
No
.
Projec
t
Code
Client
Name/Project
Name
Currenc
y
Amount
Outstandi
ng
Date of
Invoice
Remarks
51
CW/MIR/04
Statement of actual cost as against approved cost sheet
For the quarter ended -------------Project :
Project code:
Cost Head
Cost as per
approved cost sheet
Actual Cost
Variance
Remarks
53
CW/MIR/05
PROGRESS REPORT - MANDAYS UTILISATION
As on ------------------Project Code:
Project Name:
Period:
Sl.
No.
Date:
Activity
Scheduled
Completion
Date
Estimated
Man days Man days used
as
per
Resource
Allocation
Reporting Cumulative
Period
%
Completion
of activity
Remarks
Project Manager has to consolidate the time spent by various executives working in different departments for
the same assignment.
54
CW/MIR/06
REPORT ON ACTUALS VS INCOME BUDGET
Project
Code
Project
Name
Project
Value
RE for
CY
Actuals
Till end of
last
Quarter
5
for the
Quarter
6
Total
7 (5+6)
Anticipat
ed for the
balance
period
Total
Variance
Remarks
9 (7+8)
10 (4-9)
11
Grand Total
55
CW/MIR/07
REPORT ON ACTUALS VS EXPENDITURE BUDGET
Project
Code
Project
Name
Project
Value
RE for
CY
Actuals
Till end of
last
Quarter
5
for the
Quarter
6
Total
7 (5+6)
Anticipat
ed for the
balance
period
Total
Variance
Remarks
9 (7+8)
10 (4-9)
11
Grand Total
57
CW/MIR/08
REPORT ON ACTUALS VS OVERHEAD EXPENSES OF CONSULTANCY WING
Nature of
expenses
RE for
CY
Actuals
till end of
last
Quarter
3
for the
Quarte
r
4
Total
5 (3+4)
Anticipat
ed for the
balance
period
Total
Varianc
e
Remarks
7 (5+6)
8 (2-7)
Grand Total
58