What does Budget mean in Project Management?

The approved cost estimate for the project or any work breakdown structure component or any schedule activity.
Meaning and definition of Budget

Templates for creating and managing budgets

Get a Activity Cost Estimate Template - This PMBOK template includes labor, physical and reserve costs

Get a Duration Estimates list - record the estimates of effort and duration for your project's activities.

Duration Estimation Worksheet - develop parametric, analogous and three-point estimates using this worksheet. Includes formulas for PERT Beta distribution and Triangular distribution.

Marketing Budget Template - this is a super easy template that prompts you to think about all the key costs you need to consider when creating a marketing budget

Project Budget Template FREE download - this is a simple Project Budgeting template in Excel and PDF.

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