Question

 Please differentiate the following by taking a suitable example:

(i) Project budget

ii) Revised project budget

24 Mar 2026
Answer :
Word Count : 254
A project budget is the initial financial plan prepared before the commencement of a construction project. It estimates the total cost required to complete the project based on drawings, specifications, quantities, labor, materials, equipment, overheads, and contingencies. This budget acts as a __________ __________ _____ ________ _____ __________ _______ ________ ______ _________.
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