Project budgeting is estimating how much money a project will cost from start to finish. It involves creating a plan for how much money will be spent and keeping track of how much is spent throughout the project.
The goal is to ensure that the project is completed within the planned budget and that any changes to the budget are recorded and approved.
Project budgeting is an integral part of project management. Creating a budget and tracking your spending can ensure your project is completed on time and within budget.
Some tips for project budgeting: