A project budget template is the detailed estimate of the total amount of authorized financial resources that is required to complete a project task for a specific period of time. Generally, it is a process for dividing administered and departmental funds that is necessary to construct a financial foundation for producing stated project tasks. It is personnel and financial adjustments that are needed for the project implementation. Moreover, it is also useful in explaining the maximum amount of money, work costs and other resources required for a certain project. A project budget template is isolated into submerged and therefore makes the decision much easier. Generally, the budget gives a thorough statement of all direct and indirect costs which are necessary to carry out tasks and objectives of projects. Importance of Project Budget The basic steps for the project budgeting procedure are budget development, budget use, budget measurement and the last step is to update the budget. Normally, it is a collection of activities for evaluating the required cost of financial resources for the project, controlling the project costs within the assigned budget and also providing the expected project targets. Basically, the main benefit of this budget is to give the