What is a project budget template?

The key purpose of a project budget template is to provide a structured way to estimate, monitor, and manage all the costs associated with completing a project successfully within the allocated budget. 

The template typically includes sections for entering budgeted amounts, actual costs, and the variance or "under/over" amount for each task or expense category. This structure helps in maintaining clear and organised financial records.

Common elements of a project budget template include task lists, labour and materials costs, fixed expenses, subtotals, and a summary of the overall project budget balance. These components provide a detailed breakdown of the project's financial status.