Forum Discussion
John23785
Jul 23, 2024Copper Contributor
Drawdown Schedule W/Timeline
Hello - I'm attempting to build an excel based timeline schedule with a budget drawdown based on individuals and amounts. Would there be any examples or is excel capable for such a task? Open to sugg...
guntharwoller852155
Jul 24, 2024Copper Contributor
Creating a drawdown schedule with a timeline is essential for effectively managing project funding and ensuring that resources are available when needed. A drawdown schedule outlines the planned disbursements of funds over the project's duration, specifying the amounts and dates for each withdrawal. To create a comprehensive schedule, start by detailing the project phases and milestones. Allocate funds to each phase based on the projected costs and timelines. For example, in a construction project, the initial phase may involve site preparation, followed by foundation work, structural framing, and finishing.