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Best tips to create your project budget

SlickAccountSlickAccount subscriber Posts: 11 Bronze Level Member
in Business Planning


Project budgeting is the process of allocating or assigning a cost for a particular project. This cost includes all expenses need to run the project like new equipment purchase, employee costs, average delay costs, operating cost etc.

Do you know why this project budgeting carries utmost importance for a business?

Let’s find out….

1- Make a list

2- Identify prime costs

3- Compare past projects

4- Budget Spreadsheet

5- Make Budget flexible

6- Monitor Expenses

Here is the best tool for project management : ProfitBoard

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