For the project plan you are developing, do an internet search for ‘project budget sample’ and/or ‘project
budget template.’
Develop a budget for your project that indicates the total costs of each element in your project (tip: the Work
Breakdown Structure can help you see where costs may occur).
Pick a 4 week span in your project and make an EVM table where you show the money that will be needed in
each of those 4 weeks based on the amount of each budget item. For instance, if you are building a house
over 16 weeks, each week would have a certain cost in materials and labor.
For your project, make a table for 4 weeks of expenses that shows how much cash from the total budget you
will need in those weeks.
Note1: Half of the assignment is the total project budget and half of the assignment is the week by week
allotment of the budget over at least 4 weeks of the project time frame. The EVM Sample Preview the
document may help you lay out the specific costs for a set period within your project.
Note2: if your project is using volunteers, please generate a value for the volunteer labor. This becomes a
useful tool when reporting the plan’s success later, as you can say “Our volunteers provided $xxxx equivalence
in free labor for this project.”
Sample Solution