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PROD.PPB.010.00Republic of the PhilippinesOffice of the PresidentHOUSING AND LAND USE REGULATORY BOARD Lu pong Nangangasiwa SA Pathway at Gait NG Luna Expanded National Capital Region Field Office
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How to fill out remaining development cost
01
Determine the total remaining development cost by calculating the difference between the initial development cost and the already spent amount.
02
Break down the remaining development cost into different categories or tasks, such as design, coding, testing, and deployment.
03
Estimate the cost for each category or task based on the resources and time required.
04
Prioritize the categories or tasks based on their importance and criticality to the development process.
05
Allocate the available budget to each category or task based on their priority and estimated cost.
06
Monitor the progress of each category or task to ensure they are completed within the allocated budget.
07
Adjust the budget allocation as needed if there are any changes or unforeseen circumstances during the development process.
08
Regularly review and update the budget allocation to ensure it remains in line with the project's requirements and goals.
09
Communicate and collaborate with the stakeholders, project team, and financial department to ensure transparency and accountability in managing the remaining development cost.
10
Document all the expenses and cost allocations related to the remaining development cost for future reference and auditing purposes.
Who needs remaining development cost?
01
The individuals or organizations who need the remaining development cost are:
02
- Project managers or development teams who are responsible for completing the remaining development tasks.
03
- Business or product owners who have invested in the development project and need to track the expenditures.
04
- Investors or stakeholders who want to ensure their investment is utilized properly and the project is progressing as planned.
05
- Financial or accounting departments who need to manage and allocate the remaining budget for tracking purposes.
06
- External auditors or regulatory bodies who may require the documentation of remaining development cost for compliance and auditing purposes.
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