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Learn Challenge: Budget Tracking Script | Project Management and Optimization
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Python for Civil Engineers

bookChallenge: Budget Tracking Script

After exploring cost estimation and budget tracking in civil engineering projects, you have seen how crucial it is to keep expenses under control. Automated budget monitoring not only saves time but also helps prevent costly overruns by providing immediate feedback on project spending. By leveraging Python, you can quickly compare estimated and actual costs, making sure your project stays on track for financial success.

Task

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Write a function to compare estimated and actual costs for a list of project items and generate a budget summary.

  • For each item in project_items, calculate the difference between actual_cost and estimated_cost.
  • Add a dictionary for each item to a summary list, containing the keys "Item", "Estimated Cost", "Actual Cost", and "Overrun".
  • For any item where actual_cost is greater than estimated_cost, print a warning message that includes the item name and the overrun amount.
  • After processing all items, print the summary table by printing each dictionary in the summary list.

Solution

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SectionΒ 3. ChapterΒ 7
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bookChallenge: Budget Tracking Script

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After exploring cost estimation and budget tracking in civil engineering projects, you have seen how crucial it is to keep expenses under control. Automated budget monitoring not only saves time but also helps prevent costly overruns by providing immediate feedback on project spending. By leveraging Python, you can quickly compare estimated and actual costs, making sure your project stays on track for financial success.

Task

Swipe to start coding

Write a function to compare estimated and actual costs for a list of project items and generate a budget summary.

  • For each item in project_items, calculate the difference between actual_cost and estimated_cost.
  • Add a dictionary for each item to a summary list, containing the keys "Item", "Estimated Cost", "Actual Cost", and "Overrun".
  • For any item where actual_cost is greater than estimated_cost, print a warning message that includes the item name and the overrun amount.
  • After processing all items, print the summary table by printing each dictionary in the summary list.

Solution

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Everything was clear?

How can we improve it?

Thanks for your feedback!

SectionΒ 3. ChapterΒ 7
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