Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
|
|
| The LHD Project underachievement is attributed to over supplementation in foreign exchange in 2009-10. Although a couple of low value milestones were late, early achievement of the Milestone for build sequence 6 with receipt of the invoice in Jun 10 resulted in the project achieving close to budget. | |
| Overseas Industry | |||
| Local Industry | |||
10.6 | Brought Forward | |||
| Cost Savings | |||
(56.6) | FOREX Variation | |||
| Commonwealth Delays | |||
677.5 | 631.5 | (46.0) | Total Variance |