Here is some data for Project "ABC" Budget $ 5,270 thousand Start Workday 15 Finish Workday 117 Reporting Day 34 Earned Value $ 204 thousand Planned Value $ 314 thousand Actual Cost $ 586 thousand Using a "Do-Nothing Forecast" predict the estimated finishing Workday when you expect the project will be completed (given that the project started on time)? If the project will be completed partway through a Workday, round UP to the next integer value. The allowed error margin is + 2 Workdays, with no deduction of marks.
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
Here is some data for Project "ABC"
| Budget | $ 5,270 thousand |
| Start Workday | 15 |
| Finish Workday | 117 |
| Reporting Day | 34 |
| Earned Value | $ 204 thousand |
| Planned Value | $ 314 thousand |
| Actual Cost | $ 586 thousand |
Using a "Do-Nothing
If the project will be completed partway through a Workday, round UP to the next integer value.
The allowed error margin is + 2 Workdays, with no deduction of marks.
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