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Aggregating all the estimated costs for the specific activities that make-up a project to determine its total budgeted cost (TBC) and then monitoring a project's progress to ensure that the work involved is kept within budget are two activities that are critical for success.

problem:

Describe processes involved in finding and managing project budgets while describing what points and pitfalls project managers must remember when performing these functions.

Project Management, Management Studies

  • Category:- Project Management
  • Reference No.:- M932200

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