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Why Develop a Budget using the Project Cost Template?

The objective of developing a budget in the project cost template is to capture resource needs, risks and assumptions and provide a high level cost range for a project over multiple fiscal years. In addition, it helps a project manager identify all resources that are needed on the project both by resource type (QA Analyst, Developer, etc.).  It also allows a project manager to document assumptions and estimates for ongoing support and maintenance.

To download template, visit the IS&T Finance wiki: IS&T Finance Support Team

If you are having trouble viewing the IS&T Finance wiki, contact your area Financial Business Consultant for access.

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