Budgeting a project Budgeting a project is extremely important. It can be argued as one of the most important aspects of a project. De Waal (2019) states, “Traditionally, budgeting is considered to b
Budgeting a project Budgeting a project is extremely important. It can be argued as one of the most important aspects of a project. De Waal (2019) states, “Traditionally, budgeting is considered to b
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Budgeting a project is extremely important. It can be argued as one of the most important aspects of a project. De Waal (2019) states, “Traditionally, budgeting is considered to be one of the most important management tools to steer the organisation, evaluate its performance and motivate its people” (p. 56). Budgeting can make or break a project and can be extremely difficult. There are several approaches to budgeting a project. Project managers must consider several aspects of the project before selecting a budgeting