Budget planning is estimating the cost of the materials and labor necessary for a project from planning to execution to project completion. Budgeting is also a management tool, providing a common standard to evaluate and measure differences in planned and actual costs.  If the proposed budget is too high, it would lead to waste or lax project management, while if too low could result in poor expected results.  Alinco’s cost estimation engineers will coordinate with architects and construction contractors to ensure the bill of quantities is accurate and fits the budget of the investor.