A budget is the quantitative expression of a plan for a defined period of time. It includes the resource quantities, costs and expenses, assets, liabilities and any other project requirements. We will ensure that once a budget has been ageed upon, that we stick to it, and all costs fall within this budget through the duration of the project.
JDT Project Consultants will:
- Provide a detailed project budget estimate of all the costs required to complete project tasks. This a more detailed, comprehensive budget compared to the initial estimate. It specifies costs for staff labour, materials procurement, on-going operating costs and other direct costs, such as travel or training.
- This detailed budget provides the project sponsor with the best estimate of how much the project will cost. This helps to manage expectations and gives the project sponsor valuable information to develop a cost/benefit for the project.