The above table shows that the total cost for the entire project was $96.21 and this project had a $1,000 budget. Clearly, the group was very frugal with its money. Because the total cost of the project would have amounted to $3,792.19 without the aid of Loyola University and its donated items, the group was very diligent in obtaining items for free when at all possible. The group proved that making use of connections and all possible resources is a viable way to reduce the cost of a potentially expensive project.
The Loyola University Maryland's Engineering department's Senior Design Project tracking Mike Geib, Tim Burns, Ben Goeller, Cassie Lorio, and Kyle Slusarski's work on Biodiesel generation.
Wednesday, May 11, 2011
Project Budget
The above table shows that the total cost for the entire project was $96.21 and this project had a $1,000 budget. Clearly, the group was very frugal with its money. Because the total cost of the project would have amounted to $3,792.19 without the aid of Loyola University and its donated items, the group was very diligent in obtaining items for free when at all possible. The group proved that making use of connections and all possible resources is a viable way to reduce the cost of a potentially expensive project.
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