What are some effective budgeting techniques for software projects?
An example of an AI chatbot conversation about budgeting techniques for software projects.
What are some effective budgeting techniques for software projects?
Some effective budgeting techniques include top-down budgeting, bottom-up budgeting, and agile budgeting.
Can you explain top-down budgeting?
Top-down budgeting involves setting a budget based on overall project goals and then allocating funds to various components.
What about bottom-up budgeting?
Bottom-up budgeting starts with estimating costs for individual tasks and then aggregating them to form the total budget.
How does agile budgeting differ from traditional methods?
Agile budgeting is flexible and allows for adjustments based on project progress, unlike traditional fixed budgets.
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