The percent used to date in a project can be minimized by efficient budget management. This includes careful planning, regular monitoring of actual costs against planned costs, and taking corrective actions when necessary. It's also important to avoid unnecessary expenses such as unproductive meetings, which are considered a major time-waster by many teams.
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However, 47% of teams called meetings their #1 time-waster, so take their preferred communication requirements seriously. At the bottom, the project budget calculations include the total cost, planned and actual cost, remaining budget, and percent used to date. These calculations get their data from the task list.
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