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Activity

Engineering budget planning

Create and justify engineering budget for your team

Learn to create and defend engineering budgets. This activity helps you secure resources for your team's success.

55 minutes
creation

Overview

Learn to create and defend engineering budgets. This activity helps you secure resources for your team's success.

Learning objectives

  • Forecast resource needs
  • Build budget justification
  • Create contingency plans

Instructions

Plan budget:

1. Identify cost categories 2. Forecast resource needs 3. Calculate costs 4. Build justification 5. Create scenarios

Steps

1

Needs assessment

20 minutes

Identify resource requirements

2

Cost calculation

25 minutes

Build budget model

3

Justification

10 minutes

Create budget narrative

Pro tips

  • Include buffer for unknowns
  • Tie to business outcomes
  • Prepare for negotiations

Example outcome

Engineering budget with detailed breakdown and justification

Explore more resources

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