There is a lot to cover for this project and not a huge amount allocated for the variations that may come up. Can you just explain the processes and procedures you will implement to monitor how we are tracking against the actual expenditure in the budget? Will we have regular meetings? What kind of approval process will we go through when we come across variations?

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To effectively monitor expenditures against the budget and manage variations here are the processes and procedures I would implement 1 Budget Tracking ... View the full answer