C12 Track project budgets and costs
Initial knowledge/skills rating **
September 2011
Having carried out an extension to our home which involved building new rooms, converting the garage and altering every room in the house, I feel confident to say I can track budgets and costs. I should mention that only the shell was built by tradesman the rest was done by us which meant buying everything from internal building materials to soft furnishings.
Many roles in life are about running budgets including running a home with children whilst managing the income and out goings
Also my role as a D&T technician involved managing a budget to supply the department with materials.
Having carried out an extension to our home which involved building new rooms, converting the garage and altering every room in the house, I feel confident to say I can track budgets and costs. I should mention that only the shell was built by tradesman the rest was done by us which meant buying everything from internal building materials to soft furnishings.
Many roles in life are about running budgets including running a home with children whilst managing the income and out goings
Also my role as a D&T technician involved managing a budget to supply the department with materials.
19th February 2012 ***
Design and Make project costing
As part of my design and make project I kept track of all the costing that I was able to compile into a table. Occasionally I purchased items in the size or quantity larger than I required, if I felt I could use the excess than I did not charge the full amount to the project. However if I could not see an immediate to use for the over by then it was charged to the project. For example Kaiser Lee Board, a board for kiln casting, is something I was happy to purchase for myself so I absorbed the cost. Whereas the screws of a specific size were less appealing so I charged them to the project.
Of course, this cabinet could have been made cheaper if the materials had been brought in larger quantities whereby a discount may have been applied. If it was being mass produced discounts on material would definitely been available.
Of course, this cabinet could have been made cheaper if the materials had been brought in larger quantities whereby a discount may have been applied. If it was being mass produced discounts on material would definitely been available.
To increase my skills rating further I think it would be prudent to find out just what information I need to know including the key terms. It may be that already have the understanding but as yet do not know what I need to convey should I wish to teach the subject.
Design innovation project *****
July 2012
Having tracked the budget on another project I now feel very confident about what I am doing. I think because I set myself a budget but still wanted to produce the best project I could for the pupils of Step by Step school I worked a lot harder at making the money go further.
I asked for donations and discounts from suppliers.Something I would never have done for myself. Some turned me down but others could not have been more generous both in gift and spirit. I found the cheapest sources of quality products as I could not afford anything but the sturdiest of components. I used recycled fabric or rather the left over from some curtains I had turned up just to help the money stretch. I have to thank Brighton university at this point to for kindly letting me raid the materials store. Before but an Arduino kit to develop the electronics I made concise price comparisons. Although I could justify this expenditure away from the project i still felt I wanted to buy the best value kit in terms of sensors for the project. Working in this way has made me much more aware of the many ways we have of making a budget go further.
Having tracked the budget on another project I now feel very confident about what I am doing. I think because I set myself a budget but still wanted to produce the best project I could for the pupils of Step by Step school I worked a lot harder at making the money go further.
I asked for donations and discounts from suppliers.Something I would never have done for myself. Some turned me down but others could not have been more generous both in gift and spirit. I found the cheapest sources of quality products as I could not afford anything but the sturdiest of components. I used recycled fabric or rather the left over from some curtains I had turned up just to help the money stretch. I have to thank Brighton university at this point to for kindly letting me raid the materials store. Before but an Arduino kit to develop the electronics I made concise price comparisons. Although I could justify this expenditure away from the project i still felt I wanted to buy the best value kit in terms of sensors for the project. Working in this way has made me much more aware of the many ways we have of making a budget go further.