Appendix 5.

14 (Example) - Determine Budget

Cost Weight Time (Calendar Days)

Activity
Estimate Factor 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38

Activity 01 3,800 10.9%

380 380 380 380 380 380 380 380 380 380

Activity 02 1,800 5.1%

600 600 600

Activity 03 4,400 12.6%

440 440 440 440 440 440 440 440 440 440

Activity 04 3,200 9.1%

400 400 400 400 400 400 400 400

Activity 05 5,000 14.3%

357 357 357 357 357 357 357 357 357 357 357 357 357 357

Activity 06 4,400 12.6%

440 440 440 440 440 440 440 440 440 440

Activity 07 2,800 8.0%

467 467 467 467 467 467

Activity 08 4,000 11.4%

444 444 444 444 444 444 444 444 444

Activity 09 3,200 9.1%

400 400 400 400 400 400 400 400

Activity 10 2,400 6.9%

343 343 343 343 343 343 343

Total 35,000 100.0% 980 980 980 824 824 1182 1182 1182 1182 1182 1642 1984 1540 1540 1540 1540 1540 1540 797 907 907 907 907 907 907 440 440 440 440 440 400 400 400 400 400 400 400 400

CR 7,000 Contingency Reserve (for known risks): 20%

MR 3,000 Management Reserve (for unknown risks)

 Time (Calendar Days)
Cost
0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38

Periodical 0 980 980 980 824 824 1182 1182 1182 1182 1182 1642 1984 1540 1540 1540 1540 1540 1540 797 907 907 907 907 907 907 440 440 440 440 440 400 400 400 400 400 400 400 400

Cost
Baseline
Cumulative 0 980 1960 2940 3764 4589 5770 6952 8134 9315 10497 12138 14123 15663 17203 18743 20283 21823 23363 24160 25067 25973 26880 27787 28693 29600 30040 30480 30920 31360 31800 32200 32600 33000 33400 33800 34200 34600 35000

Periodical 5000 4000 7000 5000 5000 4000 2000 2000 1000
Funding
Requirements
(Allocated)
Cumulative 5000 5000 5000 5000 5000 9000 9000 9000 9000 16000 16000 16000 16000 21000 21000 21000 21000 26000 26000 26000 26000 30000 30000 30000 30000 32000 32000 32000 32000 34000 34000 34000 34000 35000 35000 35000 35000 35000 35000

Periodical 6000 5000 8000 6000 6000 5000 3000 3000 3000
Funding
Requirements
(Total)
Cumulative 6000 6000 6000 6000 6000 11000 11000 11000 11000 19000 19000 19000 19000 25000 25000 25000 25000 31000 31000 31000 31000 36000 36000 36000 36000 39000 39000 39000 39000 42000 42000 42000 42000 45000 45000 45000 45000 45000 45000

Project Cost Baseline / Funding Requirements

50000

45000 Total Budget = 45,000

40000
Funding Requirements
(Allocated)
35000 Allocated Budget = 35,000

30000
Funding Requirements
(Total)
25000

Cost Baseline
20000

15000

10000

5000

0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39

Time (Calendar Days)