Chapter 10. Develop Project Budget

10.1. Introduction

Organizations are typically structured with activities and resources to accomplish the strategic objective of the organization through daily operations. In most cases, resources used to carry out the activities of daily operations will have a cost associated and the accounting department or finance officer will have the responsibility to ensure the organization has sufficient funds to cover all activities required. As the organization completes activities on a regular basis, and assessment can be made as to the funds typically required in the finance officer can derive a pattern of spending required and develop a plan to forecast what funds will be needed in the near future and this is called ...

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