Project Overview
- Project Name:
- Project Manager:
- Sponsor / Client:
- Budget Owner:
- Date Created:
- Version:
Budget Summary
| Category | Estimated Cost | Actual Cost | Variance | Notes |
|---|---|---|---|---|
| Labor | $ | $ | $ | |
| Materials / Supplies | $ | $ | $ | |
| Software / Tools | $ | $ | $ | |
| Travel / Logistics | $ | $ | $ | |
| Contingency | $ | $ | $ | |
| Other | $ | $ | $ | |
| Total | $ | $ | $ |
Funding Source(s)
- Internal Budget Allocation:
- External Funding / Grant:
- Client Contributions:
- Other:
Cost Management Plan
- Cost Baseline Established? (Yes/No)
- Authorized Budget Threshold:
- Who can approve changes:
- How are cost overruns handled:
Budget Risks & Assumptions
- Key budget assumptions (e.g. hourly rates, vendor quotes):
- Known cost-related risks and mitigation plans:
Change Control & Updates
- How will budget updates be tracked?
- Who must review and approve budget changes?
- Link to Budget Change Log (if applicable)