Budget Event Chain Executing Monitoring 
ProjectManager.com
AUGUST 29, 2023
Its main purpose is to serve as a reference that is compared against the project performance once the execution phase begins. Change control The term for a process to systemically monitor and approve or reject any change requests made to a product or project.
Workamajig
JANUARY 11, 2021
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. Budget Cost: The cost of the project estimated at the start of the project. Note that the budget cost is not the same as the budget.
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