Golf: How is the estimated budget calculated?

This article is intended for students.

In the Golf simulation, the revenue projections depend on the targets for the number of games sold, as set out by the Chair of the Board.

For example, if the target is 10% higher than the previous year, the simulation displays the expenses and revenues for all the company’s activities reflecting a 10% increase in the number of games.

1. Some expenses depend directly on your budget decisions with regard to maintenance, employee pay and investments.
   
2. Other expenses are estimated automatically by the simulation based on various parameters (sales forecasts, amortization of project costs, etc.).
   

The Estimated Budget allows participants to check the impact of their decisions and correct them before the deadline.

Students can see the Estimated Budget in real time on all the decision forms. The link is on the left side of each form.

Be careful: the figures presented in the Estimated Budget are only projections. See the article Why results are different from the estimated budget?

• Related Articles

• Video Game: How is the Estimated Budget calculated?

  This article is intended for students. In the Video Game simulation, revenue forecasts depend on your sales forecasts for each of the games (see the product portfolio form). Some expenses depend directly on your budget decisions regarding promotions, ...

• Kayak: How is the Estimated Budget calculated?

  This article is intended for students. Each year, we present the projected revenues based on the sales targets issued by the Board Chair. For example, if the target is 10% higher than the previous year, the simulation displays the expenses and ...

• Why can't I see the same estimated budget as my teammate?

  This article is intended for students. This article is for Entrepreneurship, Management and Marketing simulations. This situation can happen, and it is a normal system behaviour. When a participant accesses a decision form, the simulation data is ...

• Why results are different from the estimated budget?

  This article is intended for students. This article is for Entrepreneurship, Management and Marketing simulations. The figures in the estimated budget and other forecasts are just that: forecasts. When the market simulation is run to generate the ...

• How is the Quality forecast of a video game determined?

  This article is intended for students. The game's Quality forecast is not only defined by its technical characteristics. The overall score also depends on its positioning in relation to the target market. Is the game well positioned with the target ...