User-Friendly Excel Spreadsheet Creation

Cost management planning happens early on in the project planning phase and should be refined throughout the project’s life cycle as additional details become available. The project’s cost management plan sets the framework for all of the project’s cost management processes. The accuracy of estimating a project’s cost is essential to the successful or failure of the project. This makes choosing the right estimating techniques crucial for a project.

The CanGo organization is lacking a Project Budget. The group is disorganized and unsure if the project can afford necessary equipment and resources required to complete the project. CanGo’s project team or the project manager needs to develop a project budget, including the goal of the project budget. The project manager will use this budget to help determine if the project is on track and the budget will be used by a number of personal as a guideline to fulfill project milestones. Aspects that need to be considered and included in the project budget are employee compensation, contract services such as hardware and software, equipment and supplies, and the budget should include overhead expenses. Overhead and indirect costs allow the project to absorb part of the administrative costs of the organizations daily operations. Many software options are available on the market today, such as

The implementation phase is to combine the individual components of the system, verify and test, convert data and integrate system components, document and install the system. (Post & Anderson). The project’s risks and probability of its success will be based on the feasibility study that included both economic via cost-benefit analysis and legal reviews. Moreover, before the sign off a great deal of financial analysis went into this project including ROI (projected return on investment) and NPV (projected Net Present Value). The (ROI) is a calculation that measures the average rate of return earned on the money invested in the project. NPV is a basic formula to convert future cash flow to present value. (Thomson, Strickland, and Gamble)

In order to begin with this project, a few steps will need to be completed. Before I can even implement the plan, I will have to get support from the school administration for implementation. I will have to gain permission from administrative staff such as Dr. Potts and Mr. Brutto. Support from the custodians will also be very beneficial. After the project receives the green light, I will

Formulas in excel can make everything so much easier to do. Formulas are used to quickly and effectively accomplish something that might take up time or be difficult if you did it yourself. So, what are formulas anyway? Formulas are short bits of text (or sort of like code if you want to think of it like that) that will add, subtract, multiply, or divide the numbers in cells. Cells are the boxes that are all over the screen that you can write in.

Its purpose is to assist colleges and universities in planning, management and control all finances in one application. Instead of using multiple software packages we use one. As (Oracle Hyperion

all the required equipment and etc will be identified. Currently, it is estimated that a total cost

Budget content and justification. Each task will be persistently assessed for its necessity to discourage superfluous spending. Hourly costs due to development time and other resources may vary, in which case costs will be adapted accordingly as the project implementation process continues. The project’s preliminary budget is projected to be $14,176.

In order to truly understand a district or schools budget, one must first understand the schools mission and vision. Why does the school exist? What type of education and values should the student leave the school with? Understanding questions like these will help a principal or superintendent understand a schools operating budget. For the purpose of this paper, it is assumed that a superintendent or principal has been assigned to a district and will analyze the operating budget for the school year.

You can also find many good video tutorials at YouTube.com. Excel is a widely used application and as such is well-documented online.

MS Excel: Microsoft Excel in a spread sheet application developed by Microsoft Organization. It allows the user to organize, summarize, performing mathematical calculations using formulas

The project relies only on private obtained funds and resources, and even now several years after it started the school complex, has only been completed about 25%, due to lack of funds, the entire cost is uncertain as is yet far from completion

The budget for the project is estimated as $186,640.00. The details of the budget is,

Understanding clearly about all the information such as the cost, the time and the workload amount of all the projects to ensure the supports for future projects

Understanding clearly about all the information such as the cost, the time and the workload amount of all the projects to ensure the supports for future projects