Question

Money spent on the preparation of project is __.

Answer 1

Heya ⬇⬇⬇⬇

Money spent on the preparation of project is
useless..

Answer 2

Answer: Project Budget

Explanation:

Money spent on the preparation of project is called Project Budget.

The Project Budget is an important tool through which a project manager is able to estimate the total cost of a project. It includes a detailed estimate of all costs which are likely to incur before the completion of a project.

Commercial projects which are big in nature have detailed cost sheets comprising of several pages. These projects constitute of various cost such as material procurement cost, labor costs and operating costs.

The Project Budget is a dynamic sheet which keeps on updating the cost as the project progresses. This helps the project manager to keep a close eye on the project cost and ensures that the project cost is sticking to its original budget.

Hope this helps.