What does Budget mean in Project Management?
Budget
The approved cost estimate for the project or any work breakdown structure component or any schedule activity.
The approved cost estimate for the project or any work breakdown structure component or any schedule activity.
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.
See all project management words
Methodology specific dictionaries / glossaries
- View the Agile Dictionary
- Managing Successful Programmes (MSP) Dictionary
- Prince 2 glossary of terms
- Full ITIL glossary of terms
- See also Risk Management Dictionary.