Manage Project Cost : Assessment Task 1 – Knowledge Assessment

1. List five budgeting processes that should be standardised in workplace budgeting procedures. Budgeting processes i. ii. iii. iv. v. 2. Below are tools used in project budgeting processes. Explain how each tool is used in budgeting processes. Tools Explanation i. Spreadsheets ii. Project management software/apps 3. Below are two techniques used in determining the…...