Transcript of "Project budgeting cheat sheet - 7 key ingredients"
Start by brainstorming all the tasks you’ll need
to do to complete your project
What materials, resources, skills will you need
to complete your project? What have you
already got, what will you need to buy?
How long have you got to implement? In a
rush? More likely to hit unexpected costs.
Plenty of time? Save costs and do it yourself
What would Google do? Research prices online,
phone a friend whose done it all before. Speak
to potential suppliers and get quotes
Always include a contingency in case things go
wrong – cover any unexpected costs. If you’re
unsure, double your budget
Update your budget as you go, keeping track of
where you’re at
After the event, compare your planned costs
with your actual costs so you can fine tune
your budget for your next project