A supplementary budget is used when additional work is required during the process of the original work.Ī personalized budget worksheet allows you to see how your spending compares to your income.A revised budget is prepared when the original estimate value is significantly exceeded.A detailed budget is a very accurate type of estimate, where the cost of each item of work is counted separately.An approximate quantity method budget is a rough estimate prepared to quickly calculate an approximate cost and is usually used for budgeting construction projects.A preliminary budget is prepared initially to find out the approximate cost of a project or an undertaking. There are several types of budgets according to the function it serves:
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