Real Estate Glossary | What is Project Budget??

Q: What is Project Budget?

Project Budget - A project budget is a financial plan that outlines the costs associated with a specific project, such as a construction or renovation project. It includes items such as materials, labor, permits, and contingencies and helps to ensure that the project is completed within the allocated financial resources. A project budget is a critical tool for managing the financial aspect of a project and helps to ensure that the project stays on track and on budget.

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