How to Set a Realistic Project Budget (Step-by-Step Guide)
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How to Set a Realistic Project Budget (Step-by-Step Guide)
A solid budget is the backbone of project success—but only if it's realistic. Here’s how project managers can get it right: - Start with clear scope and requirements. You can’t budget what you don’t understand. - Use historical data from similar projects to ground your estimates in reality. - Break down the work (WBS) and assign costs ...
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