The Complete Glossary of 614 Project Management Terms
Workamajig
JANUARY 11, 2021
Administrative Closure: A list of the requirements necessary to formally close the project. Budget : The sum total of all the money allocated for a project. Budget at Completion (BAC): BAC is the sum total of all budgets established for the work to be performed. Note that the budget cost is not the same as the budget.
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