Chapter 10. Budgeting—How Much?

The person who says it will take the longest and cost the most is the only one with a clue how to do the job.

Mike Harding Roberts

In this chapter, I talk about project budgets, the last item in project planning. I cover how to build the budget, including all the components that make up the budget. Then I move on to budget reconciliation—in other words, what you can do when your budget is more than the amount provided in your order of magnitude estimate.

I also spend some time describing the cost baseline. You must understand the importance of this concept before you begin ...

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