How to use the form
Distribute the budget breakdown value for each cost item over the expected number of weeks of activity
Enter the "Actuals" week by week
In most organizations it is usually necessary to estimate the past week's work
- And reconcile the numbers when proper accounting figures are provided at the end of the month
- This is known as entering "Accrued costs"
If you plot these figures as running totals, you will see very clearly how your project is doing!