Project Cost Estimate vs Project Budget: Concept, Examples | ProjectPractical.com
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Project Cost Estimate vs Project Budget: Concept, Examples | ProjectPractical.com
Projects must be funded. However, the stakeholders must first determine the cost performance baseline and project funding requirement, which calls for both the cost estimate and the project budget. Given their closeness, most people confuse these two. This article looks at these two subjects, which are part of the cost knowledge area and ...
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