PM Interactive Video - Budgeting

What is a project budget?

• budgets made to a project

• estimated cost to complete a project

• total projected cost to complete a project

Why do we create a project budget?

• to track budgeted expenses and let's the PM know how they are doing

• to track actual spending

• to tract the actual cost of the project at the end

How many expert tips for budgeting are there?

It is important to update the budget in real time.

• True

• False