![]() it oversees the allocation of resources to a venture and establishes how they are used to.it helps and allows in determining the correct priority of the projects.The important problem is dividing available resources among all projects belonging to a given program (Meredith J.R., Shafer S.M. These resources will vary depending on the type of project, however, the implementation of each of them will always require the involvement of financial resources. The implementation of each project requires the involvement of specific resources, which will ensure that his goals are achieved. It can be extended by examining thee impact of expenditure incurred during the design and construction of the system on the effectiveness or efficiency of its work. Project cost management focuses on the costs of resources necessary to perform activities occurring under the project program. Properly prepared budgets also constitute one of the methods of motivating employees to comply with their goals company. Budgeting help organize functions by forcing the implementation of appropriate organizational structures in such a way as to support the achievement (Letavec C.J. Budgeting realize the planning process by setting goals and allocating resources and by seeking ways of working to achieve those goals. planning, motivating, organizing and controlling. Budgeting supports implementation of all management functions, e.g. The program budget assigns resources to projects, which is useful in monitoring the performance of the project (Deschenes O., Greenstone M., Shapiro J.S. The program budget is concentrated on the requirements related to the task. ![]() Project included in one program may use common resources, but they do not have to (Curlee W., Gordon R.L. Some projects under the program may be directly dependent on each other, other less or not at all. If one of the projects under the program is not implemented, the program goal will not be achieved. ![]() Programs supply their intended benefits through subsidiary programs and component project which are taken in order to produce outcomes and outputs. Managing program activities, projects and subsidiary programs as a program increase the delivery of benefits. A program is a set of related projects, auxiliary programs, and program activities directed in a coordinated manner to receive benefits not available them individually (Curtis E.M. ![]() Program budget-is a budget designed for program.
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