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Resource and Budget Management? Resource and Budget Management focuses on the effective planning, allocation, and control of resources and finances to ensure project success. Resource Management involves identifying, assigning, and utilizing human resources, equipment, materials, and tools efficiently. It ensures the right people and assets are available at the right time, avoids over-allocation, and improves productivity. Budget Management involves estimating project costs, allocating funds, tracking expenses, and controlling costs throughout the project lifecycle. It helps prevent cost overruns, ensures financial accountability, and keeps the project within approved limits. Together, resource and budget management help optimize performance, reduce risks, and ensure timely and cost-effective project delivery. http://sprintzeal.com/blog/project-report