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CP-101Go The Distance with Costpoint Project Management

Martin McGann III, Premier Consulting & Integration

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Premier Consulting & Integration, LLC (PCI) is the leading provider

of financial management consulting services, implementation and

audit support for government contractors and marketing agencies.

Our consultants combine 30+ years of relevant experience acting as

former CFO’s, controllers and accountants. We offer small business

solutions that are affordable, easy to use and profitable.

Intro To PCI

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About Me

Martin McGann

• Former CFO and Controller for growing government contractors

• In 2009, I started PCI, in effort to provide best-in-class implementation, training and accounting support for small to mid-sized government contractors.

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Agenda

Going the Distance with:

1. Budget & Planning Design

2. Budgeting Methodologies

3. Indirect Cost & Budgets

4. Forward Rates

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Indirect Budgets - Methodology

Simple Questions to get started:

• Will you be getting a complete set of direct projects budgeted?

• Do you want to budget your indirect at the most granular level?

• What to do about work yet to be awarded?

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Direct Organizational Budgets

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Project Based Budgeting

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Project Budgeting

Budget all Project Required Account / Org Combinations

Labor Based Budgets

Non- Labor Based Budgets

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Upload Project Budgets to Organization Budgets

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Organizational Budgets

Direct Entry of all costs

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Org Budget Labor Entry

All resources budgeted by utilization• 1 = Full time• .5 = Half time

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Org Budget Labor Entry - Continued

PTO Taken – Determine by resource by month

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Org Budget Labor Entry - Continued

Labor Utilization – Direct vs. Indirect• Full Direct = 1• Full Indirect = 0

• Use the subtask to spread Indirect OH vs G&A, etc.

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Org Non-Labor

Enter by Account by Month• Don’t forget your paste FROM excel!

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Org Based P&L Budget or with Variance

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Indirect Rate Analysis

By Year, Period• Use Variance to see how you compare to actuals as they are incurred

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Questions?

Stop by PCI’s Booth (#2) for more information on Costpoint Project Management!

Attend our Breakout Sessions:

CP-100

A Whole New World of Business Intelligence

Tuesday, November 19

10:00 AM

CP-106

Making Costpoint Integration a Part of Your World

Tuesday, November 19

10:00 AM

CP-105

The Magic of Tidying Up Costpoint with Workflow and Costpoint

Thursday, November 21

10:50 AM

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