Budget Variation Report for Sign Off

This report provides a budget variation analysis for the Max Lionel Realty project. It includes a signed role descriptor, handover report, and post-project review report. The report outlines the initial requirements, responsibilities, and signatures of the project client, sponsor, and manager. It also provides an overview of the project objectives, outcomes, and completion checklist. The post-project review report includes a bibliography of relevant sources.

Running head: PROJECT REPORT
Project Report
Name of the Student:
Student ID:
Name of the University:
Author’s note:

1PROJECT REPORT
Budget Variation Report for Sign Off
Item Budgeted
cost
Revised/
actual cost
Variatio
n
Variation
%
Strategy Document $50,000 $55,000 $5,000 +10%
Posters $25,068 $30,068 $5,000 +20%
PD training agents $30,000 $35,000 $5,000 +16.67%
Website $37,500 $39,500 $2,000 +5.33%
Research on ethical / legal requirements of
REINSW
$15,500 $17,500 $2,000 +13%
Conduct a training program to inform
agents of legal and ethical obligations
$32,500 $34,500 $2,000 +6.15%
Prepare communication documents $4,500 $6,500 $2,000 +44.44%
Distribution of communication materials $6,500 $8,500 $2,000 +30.76%
Finance of overall project $300,500 $302,000 $1,500 +0.5%
Signed Role Descriptors for Sign Off
Role Name/s Responsibilities Signature
Project client Max Lionel Outlining project initial requirements
and the approval of the project
Max Lionel
Project sponsor Kim Sweeney Managing the investments in the project
operations
Kim Sweeney
Project
Manager
<<name of the
student>>
Managing all the activities of the project
and forming the successive alignment of
the operation
<<name of the
student>>
Manager of the
project manager
Ace Consultant Assisting the project manager for their
activities and operations
Ace
Consultant
Project team
members
Agents; IT
Manager; HR
Developing the IT infrastructure needs
of the new operations of the
Agents;
IT Manager;

2PROJECT REPORT
Manager organization
Management of recruitments of the
employees and agents of Max Lionel
Realty
HR Manager
Handover Report
Project title Max Lionel Realty Project
Project
Objectives
Max Lionel Realty project is developed for increasing the business operations of the
organization and improved the aspect of the successful implementation of new policies
and procedures. The completion of the project would be helpful for improving the
alignment of the factors supporting the management of the sales of property.
Project
Overview
The organization of Max Lionel Realty has been largely responsible for the sales of both
residential and commercial property in and around the state. The organization comprise of
80 licensed real estate agents that work for selling the property to various clients along
with the investment in development of the property and land.
Project Outcomes
 Building ethical profile for Max Lionel Realty
 Cost Management for reduction of expenses of Max Lionel Realty
 Improvement of health and safety of employees and agents of Max Lionel Realty
Sign off
<<name of the student>>, (Please Fill) Kim Sweeney
Project Manager Project Sponsor
Max Lionel
Project Client/Owner

3PROJECT REPORT
Post Project Review Report
The post project review report comprise of the following checklist for project completion,
Question Check
Has the initial documentation developed successfully?  Yes  No
Are the strategies aligned successfully with the business development?  Yes  No
Does the system development aligned for project integration?  Yes  No
Are the training programs been reinstated successfully?  Yes  No
Are the final project completion aligned with the development of the activities?  Yes  No

4PROJECT REPORT
Bibliography
Alla, S., Pazos, P., & DelAguila, R. (2017). The Impact of Requirements Management
Documentation on Software Project Outcomes in Health Care. In IIE Annual Conference.
Proceedings (pp. 1419-1423). Institute of Industrial and Systems Engineers (IISE).
Chomal, V. S., & Saini, D. J. R. (2014). Software Template to Improve Quality of Database
Design on basis of Error Identification from Software Project
Documentation. International Journal of Engineering and Management Research, 4,
2250-0758.
Liu, W., & Walsh, T. (2018). The Impact of Implementation of a Clinically Integrated Problem-
Based Neonatal Electronic Health Record on Documentation Metrics, Provider
Satisfaction, and Hospital Reimbursement: A Quality Improvement Project. JMIR
Medical Informatics, 6(2), e40.
MacWhinney, B. (2014). The CHILDES project: Tools for analyzing talk, Volume II: The
database. Psychology Press.
Mooney, H., Carlson, J., Downing, K., & Tschirhart, L. (2017). Documentation in the Middle:
Active Phase Project Documentation for Inclusive and Effective Team-Based Research.
O'Neill, R. (2015). Recommendations for Updating the Alaska Department of Transportation
Construction Project Documentation Manual.
Schreiner, M., & de los Reyes, C. (2016). Social Practice Artists in the Archive: Collaborative
Strategies for Documentation. Urban Library Journal, 22(2), 1.

5PROJECT REPORT
Todorović, M. L., Petrović, D. Č., Mihić, M. M., Obradović, V. L., & Bushuyev, S. D. (2015).
Project success analysis framework: A knowledge-based approach in project
management. International Journal of Project Management, 33(4), 772-783.