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Incorrect Budget Margin percentage calculation

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Incorrect Budget Margin percentage calculation

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Hi All,

Project Budget margin Percentage are calculating incorrect. Could you please Help in Resolution.

Cost and revenue are planned in the same budget version 

Revenue Budget = 412829.20 USD

Cost Budget = 519772.40 USD

Budget Margin = 51.33% (Calculated by System)

But as per formulation ,

Budget Margin = (revenue - cost) / revenue = (412829.20-519772.40)/412829.20 = - 26% ( ideally this should be the Margin %)

Does this Budget Margin % have different parameter to calculate.

Not surr how the system calcuated 51.33%

PPM Consultant1

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