to get some sense of the amounts available for each. Alternatively, if the first stage has been completed and used a certain amount of the budget, the amounts likely for the future stages can be calculated.
Another method is to spread the proportions traditionally spent on projects across different types of resource (see Figure 7.4 on the previous page). Once again, this works best where the projects are similar and therefore the data are reliable.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.