Pre-Construction	Online Guide
		Plan the Work	Process
Activity:	Validate Project Budget		Revision July 1, 2005
Description:	Validate Programmed Project Budget from the Capital Project Management System (CPMS) through comparison with specific Project Planning.
Inputs:	· Completed Initiate and Align Worksheet · Completed Work Breakdown Structure (WBS) · Performance Baseline Schedule for Endorsement
Tools:	· WSDOT Project Delivery Information System (PDIS) ·Note: This is a WSDOT internal web site that is not available to anyone outside the agency · WSDOT Urban Corridors Office scheduling ·Note: This is a WSDOT internal web site that is not available to anyone outside the agency · WSDOT Ferries scheduling Note: This is a WSDOT internal web site that is not available to anyone outside the agency · Capital Program Management System
Steps:	1. Compare the Estimated Project Costs from the Resource-loaded Schedule to the programmed Project Budget provided in the CPMS.
	2. Identify any variances between project-estimated costs and programmed budget, including their sources (scope elements, resource costs, etc.).
	3. Review and reconcile all budget differences with Region/Organization Management.
	4. Based on reconciled project budgets and the Performance Baseline Schedule, develop the Project Aging Report.
Products:	· Updated Project Budget · Project Aging Report
Guidelines:	The development of Project Costs and the Project Aging Report requires familiarity with PDIS and is best approached through consultation with Region/Organization Program Management staff.