Project Budget Template

Written by Jeff Schmidt

Read Time 1 minutes

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Project Budget Template

This project budget template provides you with a tool to summarize the cost budget for a project.

Below is a screenshot of the project budget template:

Project Budget Template Screenshot

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The project budget is a tool used by project managers to estimate the total cost of a project. A project budget template includes a detailed estimate of all costs that are likely to be incurred before the project is completed.

Large commercial projects can have project budgets that are several pages long. Such projects often have a large number of costs associated with them such as labor costs, material procurement costs, and operating costs. The project budget itself is a dynamic document. It is continuously updated over the course of the project.

Initially, the project budget allows the project manager to determine how much the project is likely to cost. Throughout the course of the project, it lets the project manager check whether or not the project is sticking to its budget.

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