Explain• Explain the Inputs and tools and techniques for determine budget with an example of London eye project and burj khalifa

Cost baseline

Project funding requirements

Project resources

Updated project documents

Explanation:

London Eye project and Burj Khalifa are two of finest projects that have been successful in the world. The main reason for their success was well defined planning and accurate budgeting. The input and tools for budgeting are formulation of resource requirements. These resources are financial and human capital which is required to complete the project. The project resources allocation is a major point of concern. Inappropriately allocated resources progress towards failure of project.

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