MAN03 Project Budgets & Variations

Muli requires all work to be performed, including overheads for the year, to be defined as a project.

Each project is then required to have established a budget of the allowed cost and the Risk2Do verification items for the work required. When the client changes the work scope, Muli requires a "variation to contract" to be applied and this needs to be formally approved as part of the project scope management process.

The Budget is equal to the contract value or if internal the board approved budget.