projektbudget

The projektbudget is the financial plan for a project, representing the approved estimate of all costs required to complete the project scope within defined constraints. It serves as the basis for funding decisions, governance, and performance measurement.

It typically includes direct costs such as labor, materials, and equipment, as well as indirect costs such as overhead and administration. Most budgets also include reserves for risk, including contingency for uncertain factors and a management reserve for unforeseen events.

Budgets are usually built from a work breakdown structure and linked to a cost baseline. The budgeting process combines estimates, categorizes costs, and applies escalation for inflation. Common estimation methods are bottom-up (detailed estimates summed up), top-down (allocations from a total), and parametric models.

After approval, the projektbudget guides spending and is monitored through tracking against the baseline. Variances are analyzed, often with earned value management, and changes require formal approval through a change-control process.

Key challenges include scope changes, estimation uncertainty, price inflation, currency risk, and misalignment among stakeholders. Best practices emphasize tying the budget to the WBS, documenting assumptions, maintaining a transparent baseline, and updating the budget as governance requires.