Budget Plan Template
If you are the Project Manager on a project whose complexity level has been
calculated to be Low, Medium or High, you will need to determine the
following information.
For entry into the required Budget plan in PMIT:
1. Total Budget – determine the total budget for the project
2. *Hardware Budget – determine the amount of total project budget
allocated to hardware
3. *Software Budget – determine the amount of total project budget
allocated to software
4. *Services Budget – determine the amount of total project budget
allocated to services
5. *Other Budget – determine the amount of total project budget
allocated to other requirements
6. *Contingency Reserve– determine the amount of total project
budget allocated to be in reserve
7. Comments – add any information useful to understanding the
project’s budget
*Sum of the above must equal the project’s Total Budget amount
For more information on the type and contents of the above data fields in
PMIT, refer to the Budget Plan guide in the Instructions area of the PMO
Web site.