Budget Builder
What Is It?
The Budget Builder is an application that allows you to create detailed budgets and timelines during the business development phase.
Output Of The Application
- labor
- timeline
- expenses
- margins
- Tables for your proposals
Key Notions
Margin
Daily Rates
Labor
Expenses
Budgets
A budget refers to a financial plan that outlines the expected labor costs and expenses associated with the project or service being provided under a contract. The budget is usually an integral part of the contract and serves as a basis for determining the financial obligations of each party involved.
Conduite works with budgets that have the following (simple) structure:
- Labor
- Expenses / Direct Costs
The Budget Builder computes the margin for labor (value and %) automatically. The margin on labor is the margin of your contract.
Structure Of The Application
Setup
Labor
Expenses
Budget - Summary
Budget - Detailed
# Days / Role / Period
Labor / Period
Labor Value / Role / Period
Expenses Value / Period
Overall Summary
Configuration
How To Use The Application