No. A project may require resources other than funding, such as raw materials, licensing of copyrighted materials, experienced personnel, and so forth.
Objectives of capital budgeting project report
Scheduling Sourcing Bidding
matter of opinion
Bottom-up budgeting as applied to project management has advantages. It ensures the resources are getting to the people actually doing the work of the project.
The purpose of capital budgeting is to help poor people and others improve their life.
They are in charge of deciding the budget for the whole project. They will decide if things stay on budget or if the project must be discontinued.
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Like any other optimizing process, project classification seeks to identify most important parts of the budgeting process and give them highest priority, and to give a lower level priority parts attention they need.
d
Management
Cost Management is critical to Project Management. A project cannot be initiated with Cost Management not in place, since cost management is about estimating, budgeting, monitoring, and analyzing the cost information.
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