Question: Step 3 : Your third step is to create the total budget This requires you to sum up the costs of each major deliverable. Create
Step :
Your third step is to create the total budget
This requires you to sum up the costs of each major deliverable. Create subtotals at the major deliverable level. Create subtotals for the labour and nonlabour costs as well. Use formulas whenever possible so you fully harness the power of Microsoft Excel. Establish a reasonable contingency for this project. You are free to make any assumptions you like; simply ensure they are well documented.
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