Project cost estimate include value of budget vs actual with their difference

Description:

The image is a PowerPoint slide titled "Project Cost Estimate Include Value of Budget vs Actual with their Difference." The slide is divided into two main sections, Income and Expenses, each with three columns: Budget, Actual, and Difference.

1. Under Income, there are categories for:

a). Internal Funding

b). Department Budget

c). Customer Billing/Invoicing

d). Existing Revenue Streams

e). Other

2. Each with a space to "Add Number Here." This is replicated for External Funding with categories for:

a). Government Grants

b). Foundation Grants

c). Donations

D). Other

3. In the Expenses section, there are placeholders for various expense categories (itemized expenses) to be named and filled in.

4. The "Difference" column is for the numerical difference between the Budget and Actual figures.

This slide template is designed for financial tracking and budget management in project management scenarios. It's useful for comparing budgeted amounts to actual figures to understand financial performance.

Use Cases:

Here are seven industries where this slide could be utilized:

1. Non-Profit Organizations:

Use: Tracking donations and grant usage against budget

Presenter: Finance Officer

Audience: Board members, donors

2. Construction:

Use: Comparing estimated project costs with actual spending

Presenter: Project Accountant

Audience: Project managers, investors

3. Event Planning:

Use: Budget management for events and actual expenditures

Presenter: Event Coordinator

Audience: Clients, vendors

4. Healthcare:

Use: Managing budgets for medical projects or departments

Presenter: Department Head

Audience: Hospital administrators, finance committees

5. Educational Institutions:

Use: Financial planning for academic programs

Presenter: School Treasurer

Audience: School board, department chairs

6. Technology Startups:

Use: Monitoring burn rate and operational costs

Presenter: CFO or Financial Analyst

Audience: Investors, team leads

7. Manufacturing:

Use: Overseeing production costs and department budgets

Presenter: Cost Controller

Audience: Management team, department heads