How to Create a Project Budget - Project Management Training

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Jennifer Bridges, PMP, defines what a project budget is and how to build one.

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Certainly a great overview of creating a cost estimate, however I did not see any mention of risk assessment and corresponding contingency fund, required to finalize a project budget. Simply put: What is the difference between a project cost estimate and project budget? I would submit that the literal mathematical difference is [Project Cost Budget] - [Project Cost Estimate] = [Project Contingency Fund].

chrismaloney
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Thanks for the lesson on project budget

dixongrear
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u should have shown a live example to create a budget!!! that would have been much better.

rishikesh
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I Love you, because you make it look so easy wow

samimzemarai
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Can you elaborate on what you mean by baseline?

reneenobles
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Good evening, do you offer one on one training?

love
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I can read this information, it is better to explain the material and give examples not just reading a list of information.

imadn
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The board is so messy. I would prefer a tabular realistic data as an example

happy-epxz