Without a time-phased budget good project schedule and cost control are impossible.

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A time-phased budget is a necessary component for effective project schedule and cost control. It outlines the planned costs and expenses of a project over a specific period, allowing for accurate tracking and monitoring of project finances. Without a time-phased budget, it is difficult to track progress, identify and manage risks and deviations, and ensure that the project stays within budget and on schedule. Therefore, a time-phased budget is crucial for successful project management.

Without a Time-Phased Budget Good Project Schedule and Cost Control