Project budgeting is an essential feature of any software used for project management. It refers to the process of planning and allocating resources for a particular project in a timely and cost-effective manner. In simple terms, project budgeting helps to estimate and control the financial aspects of a project. One of the key functions of project budgeting is to define the scope of the project. It involves identifying the tasks, activities, and resources required to achieve the project goals. The budgeting process also involves determining the
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