Maintain Predictable Budgets in Your Development Projects
Introduction
Achieving and maintaining predictable budgets in development projects is a cornerstone of successful project management and financial planning. It allows organizations to allocate resources efficiently. This is also ideal for managing stakeholder expectations and mitigating financial risks.
Various factors, such as scope changes, unforeseen challenges, and market fluctuations, can derail even the most meticulously planned budgets. One of the biggest challenges in software development is managing the budget of a project.
