Many people assume that strategy, plans and budgets are related to one another.
This is not the case.
Strategy is a plan of action with a goal in mind.
A plan can be either written or verbal and often details what needs to happen in order for the goal of the project to be reached.
Budgets are an allocation of funds for meeting goals.
They should not dictate how projects should proceed but rather outline what resources are available in order to complete them. at look closer a take we when.
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