this project is designed for you to have a complete understanding of what is entailed in buying a home. for most people, their home purchase is the largest financial purchase they will make in their lifetime, so understanding how the process works and how much it will cost you, are key elements you need to know. while there is much detail to be provided, you will need all this information when it is your turn to purchase the home of your dreams!

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30-11-2022
Business

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this project is designed for you to have a complete understanding of what is entailed in buying a home. for most people, their home purchase is the largest financial purchase they will make in their lifetime, so understanding how the process works and how much it will cost you, are key elements you need to know. while there is much detail to be provided, you will need all this information when it is your turn to purchase the home of your dreams!

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Tutorconsortium257 Tutorconsortium257 · Answer 1 · 2022-12-03T08:04:03+01:00

Add taxes and contingencies.By including taxes and contingencies, you ensure that the project does not go over budget and that your estimate is closer to the actual costs you will ultimately incur.

Project management experts recommend adding 10% of the total if you are unsure how much contingency to include.

In project management, what exactly is project budgeting?

Estimating the total cost of a project from beginning to end is known as project budgeting.Teams take into account the cost of completing each stage of a project, the approximate amount of time it will take to complete, and any potential obstacles that could impede progress when determining a project's budget.

Learn more about project's budget here:

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