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Expert Civil Latest Questions

Mahima Singh
Mahima Singh
Asked: December 6, 20222022-12-06T22:29:51+05:30 2022-12-06T22:29:51+05:30In: Estimation and Costing

What is budgeting in construction?

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    1. Vaibhav Verma
      Vaibhav Verma
      2022-12-07T12:36:38+05:30Added an answer on December 7, 2022 at 12:36 pm

      Budgeting in construction is the process of estimating project costs and allocating resources to complete a project. It involves analyzing project parameters such as scope, timeline, labor costs, materials and equipment costs, and other related costs. Budgeting helps to identify potential risks andRead more

      Budgeting in construction is the process of estimating project costs and allocating resources to complete a project.

      It involves analyzing project parameters such as scope, timeline, labor costs, materials and equipment costs, and other related costs. Budgeting helps to identify potential risks and opportunities, control costs, and prevent overspending.

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