Throughout a project, project managers have to keep project expenses within an expected range. What is this project management responsibility called?
Or
Throughout a project, project managers have to keep project expenses within an expected range. What is this project management responsibility called?
- Managing tasks
- Budgeting and controlling costs
- Planning and organizing
- Networking
Budgeting and controlling costs are essential project management responsibilities aimed at managing project finances effectively. By staying within the expected budget range, project managers help ensure the project’s success and financial viability.