Project funding requirements
“Project Funding Requirements” is an output for the process “Determine budget”.
Total funding requirements and periodic funding requirements (e.g., quarterly, annually) are derived from the cost baseline. The cost baseline will include projected expenditures plus anticipated liabilities. Funding often occurs in incremental amounts that are not continuous, and may not be evenly distributed, which appear as steps as shown in Figure 7-9. The total funds required are those included in the cost baseline, plus management reserves, if any. Funding requirements may include the source(s) of the funding.
“Project Funding Requirements” is an input for the process “Control costs”.
The project funding requirements include projected expenditures plus anticipated liabilities.
This definition was found in the PMBOK V5
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