This course is designed for contractors (self-employed, sole proprietorships or corporations) who wish to add budgeting as a management tool. The course presents the budgeting methods generally used and highlights the advantages and disadvantages of each of these methods and how companies in the construction sector can integrate them into their distinctive elements. Financial analysis using budget variance interpretation concludes the budgeting process. The course concludes with a logical and rational approach to be applied in a bidding situation and the context in which the final price of a bid should be set.