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Hello I am a little stuck. Can you please advise if the appropriate project budgeting processes is: Resource Planning, Estimation, budgeting and Control / Management?

Hello I am a little stuck. Can you please advise if the appropriate project budgeting processes is:

Resource Planning, Estimation, budgeting and Control / Management?

Or is it

Formulation, Authorization, Execution and Review?

Can you please help me which is the correct approach?

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