Project Management 4. Establish the Budget

A budget is an itemized estimate of the costs of producing a project as well as realistic projections of any revenues that might be received from that project.

Specifically, setting a budget involves the following activities:

a. Estimating the expenses of the project
b. Estimating revenues (if any) from the project
c. Estimating the total budget of a project

Continue with the next post, Project Management 4a. Estimating the Expenses of the Project.

© Copyright 1996-2012. Saul Carliner. All rights reserved.  If sharing or excerpting, should be properly cited.

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About idmodelsandprocesses

Exploring, reporting, teaching, and advising on learning and communication for the workplace and consumers. saulcarliner.wordpress.com
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