You can use the Budget Calculator to estimate hours or compensation.
To estimate hours and/or compensation, complete the following steps:
-
From the Vision Navigation menu, click
.
-
In the
Compensation field, enter the total gross amount of the contract value you anticipate receiving from the client.
-
Make entries in the other fields on the form.
Vision recalculates the numbers on this tab as you make entries. When you finish, Vision displays, in the
Total Hours field, an estimate of the labor hours required to support the numbers you have entered on this tab.
To calculate the total hours required, you must make an entry in the
Average Hourly Rate field.
-
Save your work.