• Beta Site
  • Defining Scope

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  • Planning Process Group
  • Project Cost Management

Determine Budget

Determine Budget is the process of aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. The key benefit of this process is that it determines the cost baseline against which project performance can be monitored and controlled.

Picture of George J Raymond, PMP

George J Raymond, PMP

Certified PMI Project Management Professional (PMP) & Member ,
Business Systems & Operations Specialist with a focus in Continuing Medical Education, Healthcare Communication, Pharmaceuticals, and web development.

Project Management Institute (PMI)

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