Photo credit: flickingerbrad / Foter / CC BY. The Parent Association of the Kennedy Krieger School: Greenspring Campus LEAP Program is inviting friends and families of the school to join its LEAPing for Technology campaign for iPads in the classroom.
Description. A budget is an accounting or financial plan for the next period, which can be a month, quarter, year or even the duration of a project. A cost budget is a financial plan about your companyâs identified expenses for the next period.You can make budgets for various costs such as project costs or product development costs.escription. A budget is an accounting or financial plan for the next period, which can be a month, quarter, year or even the duration of a project. A cost budget is a financial plan about your companyâs identified expenses for the next period.
In estimate cost process, the cost of each activity is determined, including the cost of human hours, the cost of equipment, and the cost of materials used as well as the contingency cost (i.e. the cost to cover the identified risks). In this blog post, we are going to discuss 4 tools to estimate costs in project management: Analogous Estimating.