{"id":521,"date":"2017-01-12T04:15:09","date_gmt":"2017-01-12T09:15:09","guid":{"rendered":"http:\/\/me.sites.mtu.edu\/meemscd\/?p=521"},"modified":"2022-09-21T14:45:24","modified_gmt":"2022-09-21T18:45:24","slug":"dg-primary-components-and-rough-budget","status":"publish","type":"post","link":"https:\/\/me.sites.mtu.edu\/meemscd\/dg-primary-components-and-rough-budget\/","title":{"rendered":"TAD Section 6.3 \u2014 Primary Components and Rough Budget"},"content":{"rendered":"

1\u00a0\u00a0\u00a0\u00a0 Organization and Formatting<\/h2>\n

1.1\u00a0\u00a0\u00a0 General (same as for other B-sheets; follow this link for easy reference<\/a>)<\/h3>\n

1.2\u00a0\u00a0\u00a0 Sheet-Specific\u00a0\u2014 Making it All Fit<\/h3>\n

It\u2019s a blank page; use it however you wish.<\/p>\n

2\u00a0\u00a0\u00a0\u00a0 Content Presentation<\/h2>\n

This page addresses the second<\/em> of the four key objectives<\/strong> of your PCR\u00a0\u2014 to convince\/persuade your PCR panel (and the SCD program director<\/em>) that the project can and will be completed within the allocated\/secured budget.<\/strong><\/p>\n

    \n
  • This section begins with a concise but thorough explanation of your budget. In table format, identify primary components and cost estimates for each item.<\/li>\n
  • Costs should be broken down as either purchase price (for standard components), or (for non-standard components\/systems) as material cost and manufacturing cost (internal manufacturing being far less expensive than external).<\/li>\n
  • Provide the basis\/assumptions (e.g., hourly manufacturing cost rates, manufacturing time estimates).<\/li>\n
  • Use the following hourly cost rates:\n
      \n
    • $0\/hr for internal student machining, fabrication, assembly, etc.<\/li>\n
    • $40\/hr for internal staff machining, fabrication, assembly, etc.<\/li>\n
    • $90\/hr for external outsourced machining, fabrication, assembly, etc.<\/li>\n<\/ul>\n<\/li>\n
    • Calculate total estimated costs by category (standard, custom\u00a0\u2013 materials, custom\u00a0\u2013 internal manufacturing, custom\u00a0\u2013 external manufacturing). Use of pie charts is tempting; if you do so, make sure you do a good job so it is meaningful and not fluff.<\/li>\n<\/ul>\n

      A thorough budgetary analysis with documentation supporting that you have secured commitments to cover any needs beyond the allocated budget is critical to successfully progressing through the PCR stage gate.<\/strong><\/p>\n

      3\u00a0\u00a0\u00a0\u00a0 Examples of Great Work<\/h2>\n

      Do a great job and be the first!<\/h3>\n\n\n\n
      \u00a9 2017, William J. Endres<\/td>\nUpdated September 21, 2022<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

      1\u00a0\u00a0\u00a0\u00a0 Organization and Formatting 1.1\u00a0\u00a0\u00a0 General (same as for other B-sheets; follow this link for easy reference) 1.2\u00a0\u00a0\u00a0 Sheet-Specific\u00a0\u2014 Making it All Fit It\u2019s a blank page; use it however you wish. 2\u00a0\u00a0\u00a0\u00a0 Content Presentation This page addresses the second of the four key objectives of your PCR\u00a0\u2014 to convince\/persuade your PCR panel (and the […]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17,14,13],"tags":[],"_links":{"self":[{"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/posts\/521"}],"collection":[{"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/comments?post=521"}],"version-history":[{"count":11,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/posts\/521\/revisions"}],"predecessor-version":[{"id":2705,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/posts\/521\/revisions\/2705"}],"wp:attachment":[{"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/media?parent=521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/categories?post=521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/me.sites.mtu.edu\/meemscd\/wp-json\/wp\/v2\/tags?post=521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}