Provide Accurate and Timely Financial Reports.
Question
Activity 2D
Question 1:
Using the information provided in case study D, complete a financial report using the following template:
Activity 2D
Q1.
| Project Phase | Budgeted Cost | Actual Cost | Comments |
| Concrete Removal | $9900 | 10500 | The removal company underestimated the amount of concrete to be removed leading to an extra day inclusion. |
| Turf | $3250 | $3650 | Due to bad weather, turf labour is increased by three days. |
| Planting | $4755 | $4345 | Due to the effective work process of the planting company, the actual cost was decreased. |
| Paving | $2140 | $1930 | As five m² is not required for the project actual cost was decreased. |
| Shade Area | $6535 | $6715 | Due to the increment in digging work, the actual cost has increased. |
| Other | $5625 | $6075 | An increase in workload has led to getting involved in more work for the project manager. |
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