CompTIA Project+ Certification All-in-One Exam Guide (Exam PK0-005)

CHAPTER 5

Creating the Budget

This chapter covers the following topics:

•   Creating a budget

•   Bottom-up cost estimates

•   Top-down cost estimates

•   Budget at completion

•   Zero-based budgeting

•   Determining project expenses

•   Tracking expenses

This chapter is about money. Have you ever noticed how people bristle when that word is mentioned? In some circles, it’s not money; it’s finances, working capital, currency, or funds. Whatever you want to call it, it’s a large part of what you need to get your project done. Your project will need a budget to create the product or service your project customer expects. The material resources you’ll need, such as software and hardware, cost money. The labor resources you’ll need; the developers’, ...