Appendix - Budget calculations

Core TSIs : Budgets : Appendix - Budget calculations

The following table describes the formulas for calculating the various budget scenarios in Capital Project Management:

Item	TSI/FC	Calculations
Original budget	TSI/FC	Budget.Inital amount
Modifications	TSI/FC	Approved budget changes + Approved budget transfers
Actual budget	TSI/FC	Original budget + modifications
Commitments	FC	Expected costs + invoiced costs
Available budget	TSI/FC	Actual budget – (commitments + reserved budget size)
Forecast to go	FC	Active forecasts to go
Forecast end of work	TSI/FC	Commitments + forecasts to go + reserved budget size
Balance	TSI/FC	Actual budget - forecast end of work
Payments	TSI/FC	Invoiced costs
Payments to do	TSI/FC	Expected costs
Open amounts to pay	TSI	Expected costs (field will be canceled)
Estimated costs	TSI	Estimated costs

TSI: Capital Project Management

FC: Financial Console