Challenge: 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.
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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 betweenactual_costandestimated_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_costis greater thanestimated_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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Challenge: 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.
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 betweenactual_costandestimated_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_costis greater thanestimated_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
Thanks for your feedback!
single