Materials/Equipment – This is an itemized list of material/or equipment that can be delayed/eliminated or reduced in the budget.
Delay, Eliminate, or Reduce – Decide what will happen to the line item and write that in the corresponding cell.
Consequence – This is a comment box to describe the effect of your choice to delay, eliminate, or reduce funding for the line item.
Initial Cost – List the original funding for the item.
Reduced Cost – List the amount of funding for the line item after delay, elimination, or reduction.
Cost Saved – This is the difference between the initial and reduced cost.
