[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-240846-105":53,"doc-detail-240846-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","project-charter-budget-narrative-how-to-create-the-project-budget","Project Charter Budget Narrative - How to Create the Project Budget","","Project Charter Budget Narrative outlines how a PM creates an initial project budget during the Project Charter process. The budget provides FP&C leadership and the client with an approximate fiscal representation to guide decisions about funding and readiness to move forward. It defines key terms, required approvals by an FP&C Assistant Director and subsequent MGR review, and step-by-step actions in e-Builder including selecting templates, customizing budget lines, entering estimated values, and submitting for approval.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":11,"@type":70,"position":76},"https://docshare.wps.com/template/presentations/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/project-charter-budget-narrative-how-to-create-the-project-budget/240846/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/project-charter-budget-narrative-how-to-create-the-project-budget/240846.png","ImageObject",442,249,{"name":88,"@type":89},"supergirl","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-11-01","2026-09-11",true,{"@type":98,"interactionType":99,"userInteractionCount":30},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What is the purpose of the budget created during the Project Charter process?","Question",{"text":108,"@type":109},"It gives FP&C leadership and the client an approximate fiscal representation of the effort needed to complete the basic project scope, supporting further decisions.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"Who develops and who must approve the Project Charter budget before it is included?",{"text":113,"@type":109},"The Project Manager develops it, and it must be approved by an FP&C Assistant Director before inclusion in the Project Charter process.",{"name":115,"@type":106,"acceptedAnswer":116},"What are the main steps to create and finalize the project budget in e-Builder?",{"text":117,"@type":109},"Review basic project scope, access the e-Builder Cost module, apply a budget template, customize budget lines, input estimated values, request approval, then receive approval or revise and resubmit.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},240846,1791748780,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":8,"category_name":11,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":30,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":45,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":140},962088121634,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","Project Charter Budget Narrative  \nPurpose  \nA budget is created by the PM during the Project Charter process, as a fiscal representation of the effort involved to complete the basic project scope. The budget developed at this stage is not intended to beas detailed or precise as the final budget submitted with the Minor Project Proposal. Its purpose is to provide FP&C leadership, and the client, with an approximate figure on which to make further decisions. For FP&C leadership, they will review the budget to ensure the values appear to be in line with their experience. For the client, the approximate budget allows them to determine if they have access to a reasonable amount of funding to move the project forward. For example, a client may not have an exact budget number, but they should know if they can reasonably fund a project with a Project Charter cost of $50,000 vs $500,000 .  \nInitiator  \nThe Project Charter-Budget is developed by the Project Manager (PM), and is required to be approved by an FP&C Assistant Director before it can be included in the Project Charter process. Before developing the Project Charter – Budget, the PM should meet with the client and all relevant partner departments to develop the basic Project Scope. The PM develops the budget based on this scope.  \nKey Terms  \n\n| Project Charter | A set of information containing estimates for Project Budget and Project Schedule, as well as Delivery Method, developed by the PM after meeting with project requestor, walking the site, and reaching an agreement on the Project Scope. |\n| --- | --- |\n| Project Charter Process | The eBuilder process the PM initiates after inputting estimated information into the Cost and Schedule modules and selecting a Delivery Method. The process requires the AD and/or Director to review and approve. |\n| Project Budget | Initial budget the PM creates based on initial project scope. |\n| Budget Templates | Pre-created templates, typically selected by the Construction Project Assistant when creating an e-Builder project shell. The PM may need to use these features on larger projects with multiple phases. |\n\nKey Steps  \nStart: Review Basic Project Scope  \nStep1: Access e-Builder Cost Module  \nStep2: Apply Budget Template  \nStep3: Customize budget lines  \nStep4: Input approximate values for budget lines  \nStep5: Request approval of project budget  \nStep6 : Receive an approved budget, or revise and request approval Finish: Budget ready for inclusion in Project Charter Process  \nReview Basic Project Scope  \nBefore creating a budget, the PM should always review the basic Project Scope they created after meeting with the client and any partner departments involved with this project.  \nAccess e-Builder Cost Module  \nTo create a budget for a project, the PM logs into e-Builder, selects the project they wish to create a budget for, and selects the Cost module from the Project Menu.  \nApply Budget Template  \n\n| Budget Templates contain pre-selected budget lines based on the use case, for which they are created. Currently, four Budget Templates exist, however, the two templates listed below are actively used. Additional templates can be created in the future. |\n| --- |\n| Template Name Description Number of Lines |\n| Full Budget Phase 1: Multi-Cat: MultiSpec-Item 83 Tech Fee Budget template designed for Tech Fee projects, which have a limited scope of work 20\u003Cbr>To start building a project budget, the PM must select the Budget Template that most closely fits their particular project scope, and add or remove line items as needed. |\n\nCustomize budget lines  \nWhen the Budget Template has been applied, Budget Line Items are populated in the Cost Module – Budget Details screen. The PM is able to delete or add lines, or edit line information.  \nTo add a budget line, select the Add button on the Budget Details screen. Note: Budget lines can always be added, but can only be deleted prior to budget approval.  \nTo remove a budget line, select number of the B","cbCaigpwO6ik5gsa","https://ap.wps.com/l/cbCaigpwO6ik5gsa","pdf",1841153,"English","# Purpose\n# Initiator\n# Key Terms\n# Key Steps\n## Start: Review Basic Project Scope\n## Access e-Builder Cost Module\n## Apply Budget Template\n## Customize budget lines\n## Input approximate values for budget lines\n## Request approval of project budget\n## Receive an approved budget, or revise and request approval\n## Finish: Budget ready for inclusion in Project Charter Process\n# How to Create the Project Budget","[{\"question\":\"What is the purpose of the budget created during the Project Charter process?\",\"answer\":\"It gives FP\\u0026C leadership and the client an approximate fiscal representation of the effort needed to complete the basic project scope, supporting further decisions.\"},{\"question\":\"Who develops and who must approve the Project Charter budget before it is included?\",\"answer\":\"The Project Manager develops it, and it must be approved by an FP\\u0026C Assistant Director before inclusion in the Project Charter process.\"},{\"question\":\"What are the main steps to create and finalize the project budget in e-Builder?\",\"answer\":\"Review basic project scope, access the e-Builder Cost module, apply a budget template, customize budget lines, input estimated values, request approval, then receive approval or revise and resubmit.\"}]","Project Charter Budget Narrative - How to Create the Project Budget | PDF",1789166489,7]