As a project manager or team leader, there is an important task you need to do before every month starts: the monthly budget. A comprehensive spending plan helps you determine in advance the income and expenses for each month, calculate savings, and assure there is enough money for all the resources your team needs. This Project Budget Template comes with a Budget Overview Slide, a Monthly Income Table, a Monthly Budget Calendar and more useful tools to present an accurate monthly budget for your projects.
A doughnut chart can be a great tool for giving a general overview of how you are going to spend the project budget throughout the month. Use this slide to show the monthly budget divided in four weeks into the chart and mention the main expenses of each period.
Where is the money for your project coming from? Monitor your gross income using the Monthly Income Table. Place the main tasks of the project at the top of the table and list the sources of income below. By doing this, you will assure all the project activities have funds to be executed.
Once you’ve been budgeting for a few months, you will have enough data to start forecasting how much you will need in the next periods or the entire year. The Monthly Budget Calendar displays the twelve months of the year in a horizontal Gantt chart and it is perfect to present your project budget proposal to the financial area of the company.
Lessons Learned
The Project Budget Presentation Template includes a special slide for lessons learned. This means you can keep a record on the good practices and decisions that led you to a better budgeting process.
Why is a monthly budget important?
When you lead a business or project, planning is the key to building success. With a monthly budget, every dollar has a place to go and you avoid wasting money on unnecessary things.
Business budget
Aside from project managers, the Project Budget Presentation template is also a great tool for any accounting team that needs to present the monthly budget of the company in a corporate slide deck.
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