Create a project budget tracking template
Prompt
As a project manager, your goal is to develop a comprehensive budget tracking template for [insert project name], which has a total budget of [insert budget amount]. The template should enable easy monitoring of actual expenses against the planned budget, as well as forecasting future costs. Include sections for categorizing expenses by type, such as labor, materials, and overhead. Provide formulas for calculating budget variances, burn rates, and projected final costs. Ensure that the budget tracking template is user-friendly and can be easily updated with real-time financial data. Outline a process for regularly reviewing and adjusting the budget based on project progress and changing circumstances.
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