TEMPLATE: Project Budget

PROJECT BUDGET INFORMATION

Budget during the life of the Project

The budget below provides the detail estimates for labor, material and other items for the duration
of the project.

Line Item FY05-06 FY06-07

Labor Material Other FY Total Labor Material Other FY Total

Total
Total Project Budget

Enter the name of the Line Item that you are budgeting.
You may want to enter high-level categories and then list detail line items under the high-level
category. Refer to your work breakdown structure for project categories and task details.
Example:
Phase 1
1. Initiate the Project
1.1 Develop Project Charter
1.2 Finalize Project Charter

Enter the FYyy-yy - the planned fiscal year in which the budget estimate will be incurred.
Example: FY05-06

Enter the Labor - the budget estimate of the staffing required for the line item.
Enter the Material - the budget estimate for equipment and supplies for the line item.
Enter the Other - any budget estimated for items other than Labor and Material such as training

Enter the Fiscal Year Total the sum of Labor, Material and Other for each line item for each
fiscal year

Enter the Total - the total costs for each column Labor, Material, Other and Fiscal Year.

Enter the Total Project Budget the sum of the Fiscal Year Totals

Notes:
Cost information can be entered as fiscal quarter or fiscal year depending on the projects
needs.
If large numbers are used, include a comment that indicates the units of the numbers.
For example: values in $000, Values in millions

COMMENTS: (list any assumptions or clarifications pertaining to the costs entered above.)

Template Project Budget - V 1.0 2/14/06

On-going Support Budget after Project Completion
The on-going support budget is the detail estimates for on-going support after project completion.

Line Item FYyy-yy FYyy-yy Total Budget

Total Budget

COMMENT: (list any assumptions or clarifications pertaining to the costs entered above.)

If appropriate for your project, include budget estimates for on-going support after project
completion.

Enter the description of the Line Item being budgeted.

Example on-going support line items:
Hardware Maintenance - budget estimate for hardware maintenance
Hardware Hosting budget estimate for platform fees
Software Maintenance budget estimate for software .maintenance
Network budget estimate for network usage
Backup and Recovery budget estimate for Backup and Recovery services
Support Labor budget estimate for the staff required to support the product.

Enter the FYyy-yy - the planned fiscal year in which budget estimate will be incurred. Example
FY05-06

Enter the Total Budget - the sum of the line item budget estimates for each fiscal year and the
Total Budget for each column..

Notes:
Cost information can be entered as fiscal quarter or fiscal year depending on the
projects needs.
If large numbers are used, include a comment that indicates the units of the numbers.
For example: values in $000, Values in millions

Template Project Budget - V 1.0 2/14/06