project budget
[/ˈprɒdʒekt ˈbʌdʒɪt/]
nounpl: project budgets
orçamento do projeto
1. A financial plan that estimates the costs required to complete a specific project, including labor, materials, equipment, and contingencies
The project budget was approved by the board before construction began.
O orçamento do projeto foi aprovado pela diretoria antes do início da construção.
2. The total amount of money allocated or available for a particular project
We need to keep our spending within the project budget of $500,000.
Precisamos manter nossas despesas dentro do orçamento do projeto de $500.000.
3. A detailed breakdown of projected expenses for all phases of a project
The project budget includes costs for design, development, testing, and deployment.
O orçamento do projeto inclui custos de design, desenvolvimento, testes e implementação.
In Brazil, project budgets are essential in both construction ('construção civil') and technology sectors. The term 'orçamento' is widely understood in professional contexts. Budget management is increasingly important in Brazilian corporations due to economic variability. In the USA, project budgeting is fundamental to project management methodologies like PMI and Agile frameworks.
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