Question: Describe the process by which the budget will be monitored and / or controlled during the execution of the project ( e . g .

Describe the process by which the budget will be monitored and/or controlled during the execution of the project (e.g., earned value, weekly cost reporting, etc.). Include a discussion of the acceptable variance threshold for the budget (i.e., what is an acceptable deviation in terms of percentage or cost variance before action could/should be taken?).

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