Q: As a project manager creating a budget, you’re thinking about all the parts of a project from beginning to end—making a list of every material, resource, and contract worker. What do you call this type of budgeting?
or
Q: When you create a budget as a project manager, you consider every aspect of the project from start to finish, including all the materials, resources, and contract workers. What is the term for this kind of budgeting?
- Bottom-up approach
- Top-down approach
- Buffers and reserves
- Contingency