Budget questions
Hi all
I have a quick favor to ask for any of you that are engaged in project finance.
In our final budget vs actuals for a project, the salary lines for a few staff are overspent by up to 30% and the verification team has asked for explanations on these. Now since all the salary lines are overspent, its not like we can say it balances off with savings in other salary lines so was hoping on a few suggestions here. I know I'm the one who has the background info on the project and would be able to explain this better but maybe some generic answers or suggestions to assist please.
Thanks a bunch!
I have a quick favor to ask for any of you that are engaged in project finance.
In our final budget vs actuals for a project, the salary lines for a few staff are overspent by up to 30% and the verification team has asked for explanations on these. Now since all the salary lines are overspent, its not like we can say it balances off with savings in other salary lines so was hoping on a few suggestions here. I know I'm the one who has the background info on the project and would be able to explain this better but maybe some generic answers or suggestions to assist please.
Thanks a bunch!
