Worksheet Templates. Tuesday , April 03rd , 2018 - 10:24:39 AM
Extra Smart Partners has received an RFP from the City of Metropolis to kick off a new bridge over the Eastern River. The ESP engineers and project managers have estimated the necessary materials and manpower to build the bridge. Now its Daves job to estimate the profitability of the project so ESP can submit its proposal to Metropolis.
Dave breaks out his trusty cash flow worksheet project template, which is already set up for civil engineering projects. This is his starting point which hell tweak for this project. First, he uses the quantities and types of steel, cable, cement, and other materials estimated by the engineers and multiplies those by current forward commodity prices in the market to get the approximate cost. He looks into the companys past projects to estimate a potential range of variation for the raw materials, since input prices can move substantially between proposal and building stages.
A projected business budget will not always match your business income and expenses, but it helps your company run at peak performance. Your budget can always be changed, but the first step is to create one.
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