Budget

Budget

The approved estimate for the project or any work breakdown structure component or any schedule activity.

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Part of Speech: noun
Synonym(s):
Blossary:
Industry/Domain: Business services
Category: Project management
Company: WSDOT
Product:
Acronym-Abbreviation:

Collect to Blossary

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Related terms

budget

Banking; Investment banking

A plan of future income and expenses during a specified period (frequently one year).

budget

Printing & publishing; Publishing

An itemized estimate of expected income and anticipated expenses for a given period of planned future operations. Items for publishing include: pre-press / prep, printing, ...

budget

Business services; Project management

The approved estimate for the project or any work breakdown structure component or any schedule activity.

budgeting

Professional careers; Sales

The process of planning a business' income and expenditure for various activities - marketing, promotion, advertising, personal selling, etc.

budget

Professional careers; Sales

Estimate of revenue and expenditure over a specific period.

budget

Economy; Economics

An annual procedure to decide how much public spending there should be in the year ahead and what mix of taxation, charging for services and borrowing should finance it. The ...

simulation

Business services; Project management

A simulation uses a project model that translates the uncertainties specified at a detailed level into their potential impact on objectives that are expressed at the level of the ...

project life cycle

Business services; Project management

A collection of generally sequential project phases whose names and numbers are determined by the control needs of the organization or organizations involved in the project. A ...

direct costs

Business services; Project management

The costs directly attributed to a work-scope, such as labor, material, equipment, and subcontracts, but not the cost of operations overhead and the labor, material, equipment, ...