Main Content
Table of Contents
Lesson 5: Project Budgeting
- Lesson 5: Project Budgeting
- 5.1 Issues in Project Budgeting
- 5.2 Developing a Project Budget
- 5.2.1 Work Breakdown Structure (WBS)
- 5.2.2 Issues in Creating a Project Budget*
- 5.3 Approaches to Developing Project Budget
- 5.3.1 Top-Down Budgeting
- Top-Down Budgeting: Advantages
- Top-Down Budgeting: Disadvantages*
- 5.3.2 Bottom-Up Budgeting
- Bottom-Up Budgeting: Advantages*
- Bottom-Up Budgeting: Disadvantages
- 5.4 Activity-Based Costing
- 5.4.1 Steps in Activity-Based Costing
- 5.4.2 Cost Drivers in Activity-Based Costing
- 5.4.3 Sample Project Budget 1*
- 5.4.4 Sample Project Budget 2*
- 5.5 Program Budgeting
- 5.5.1 Time-Phased Budgets*
- 5.5.2 Tracking Chart*
- 5.6. Issues in Project Development
- 5.7 Developing a Project Contingency Budget*
- 5.7.1 Allocation of Contingency Funds
- 5.7.2 Drawbacks of Contingency Funding*
- 5.7.3 Advantages of Contingency Funding
- 5.8 Crashing the Project: Budget Effects*
- Crashing Project Activities - Decision Making
- 5.9 Conclusions*