Program Budget · Portfolio Demo

CWP-700 Composite Wing Panel Production Program

Program ManagerC. Tyrrell
Budget As OfMonth 14 of 18 · Phase 2 Production
StatusActive — Reserve Undrawn
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Overview

Program Budget at a Glance

Total Program Budget
$9.284M
Forecast at Completion
$8.901M
Reserve
$383K held, undrawn
Contract Type
Fixed-Price Production
On Baseline at Month 14 — $0 Variance, Reserve Undrawn

This is a fixed-price production contract with Meridian Aircraft Co. — Acme Aerostructures tracks internal labor cost per resource (below) for its own program-management purposes, but the price to Meridian is fixed regardless of Acme's actual internal cost. At Month 14 of 18 the program is tracking to $0 variance against the $8,901,000 Labor + Non-Labor baseline, and the full $383,000 Program Management Reserve remains undrawn. Reserve release and final reconciliation occur at Program Closeout in Month 18; the Closeout Report shows the projected final reconciliation.

Rate increase, not a budget correction (RAIDD D-06): Meridian Aircraft Co. issued Purchase Order Amendment PA-002 increasing the CWP-700 monthly production rate — genuine customer-driven demand growth, distinct from the earlier D-05 staffing correction. The Program Resource Plan now reflects the 50-person team the higher rate requires: a full third production shift, a Deputy Program Manager and second Manufacturing/Supplier Quality Engineers, and new support functions (Materials Handling/Logistics, Maintenance, Incoming Material Inspection, Packaging/Shipping, Production Scheduling, Training, IT/Systems Support) that didn't exist at the lower rate. See RAIDD Decision D-06 for when and why this was decided.

Earlier correction, for history (RAIDD D-05): A planning pass priced the original program at $3,500,000 against a 14-person team — workable for engineering oversight and a single layup cell, but not enough to actually run steady-state two-shift production. That correction (Sep 28, 2026) grew the team to 25 and the budget to $5,200,000 — the baseline this page's Phase 1/Phase 2 figures already reflect, before the D-06 rate increase further grew the numbers below.

Summary

Budget by Category

CategoryPhase 1 (Qualification & FAI)Phase 2 (Production Ramp)Total
Labor — 50-Person Program Team$755,000$7,216,000$7,971,000
Tooling & Fixtures (NRE, one-time)$210,000$210,000
First Article Inspection — Lab / Metrology / NDT Testing$55,000$55,000
Materials & Consumables (composite prepreg, fasteners, production)$60,000$560,000$620,000
Travel (supplier site visits, OEM MRB / PRR reviews)$15,000$30,000$45,000
Subtotal (Labor + Non-Labor)$1,095,000$7,806,000$8,901,000
Program Management Reserve (~4.3% of subtotal)$383,000
TOTAL PROGRAM BUDGET$9,284,000
Tooling & Fixtures and FAI/Metrology/NDT Testing are Phase 1–only one-time costs, unchanged by the rate increase — the same tooling and qualification support the higher rate. Materials & Consumables roughly doubled and Travel increased moderately to reflect real production volume and supplier/OEM oversight at the new rate; Labor is still the dominant driver of the total increase.
Labor

Resource Rate Card (Full 50-Person Team)

All rates are blended bill rates. This is the complete program team, grown from an original 14-person estimate (D-05, to 25) then a genuine rate increase (D-06, to 50).

The full 50-person named roster, per-person blended rate, Phase 1/Phase 2 allocation, and cost lives in the Program Resource Plan — reproducing it here as a second 50-row table risked exactly the kind of drift a duplicate copy invites. The labor line above ($7,971,000) traces directly to that roster's own phase totals with zero variance.

Governance

Baseline Approval & Closeout Sign-Off

The $9,284,000 total budget (grown from $5,200,000 via the D-06 rate increase, itself corrected from an original $3,500,000 estimate) was approved and reconfirmed at closeout with $0 variance, consistent with the Closeout Report.
NameRoleStatusDate Signed
G. TalmadgeVP of Operations, Acme AerostructuresSignedSee Closeout Report
Meridian Program OfficeCustomer Program Management, Meridian Aircraft Co.SignedSee Closeout Report
R. KesslerQuality Engineering Lead (AS9100 QMS Owner)SignedSee Closeout Report
C. TyrrellProgram Manager (Author)SignedSee Closeout Report
Exact closeout dates are recorded in the Closeout Report. See the Program CBA for the corrected business case, and the Program TCO for a multi-year cost scenario if the production option is exercised.