Project Budget Management



Project Budget Management

Project management is referred to making sure that the designed tasks and planned schedule for the project undertaken are executed as per the planned budget. A project is said to be a success when it goes as per the planned budget and delivered on a timely basis and satisfies the requirements of the company and clients. It signifies the responsibility of all project managers to manage its budget and associated activities accurately.

Earned Value Management is a process by which project management team compares the status of work to the performance of work or baseline. The ...