Project Budgets

1. Introduction

This section provides an overview of the project budget, including its purpose and importance in project management.

2. Budget Overview

Define the total budget for the project, including all sources of funding.

• Example: Total Budget: $50,000

3. Budget Breakdown

Detail the budget allocation across different categories.

4. Contingency Planning

Outline the contingency plan for unexpected expenses.

• Example: 10% of total budget set aside for contingencies.

5. Monitoring and Reporting

Describe how the budget will be monitored and reported throughout the project lifecycle.

• Example: Monthly budget reviews with stakeholders.

6. Conclusion

Summarize the key points of the budget and its importance in project success.