The term "Current Budget" isn't a standard term in project planning and scheduling. Instead, there are several related concepts that could be relevant depending on what you're looking for:

1. Budget Baseline: This is the approved, authorized budget for the project. It's established at the beginning and serves as a reference point for tracking costs and identifying variances.

2. Budget Forecast: This is an estimate of the project's total cost at a specific point in time. It takes into account the budget baseline, actual costs incurred, and planned future expenses. It's often used to predict potential overruns or underspends.

3. Remaining Budget: This is the amount of money still available to spend on the project. It's calculated by subtracting the actual costs incurred from the budget baseline. It's a key indicator of how much financial flexibility you have to manage risks or make changes.

4. Earned Value Management (EVM): This is a technique for measuring project performance and progress. It uses the budget baseline and actual work completed to calculate the Earned Value (EV), which represents the value of the work performed. EVM helps you understand if you're on track with the budget and identify potential issues early.

5. Budget Control: This refers to the process of monitoring and managing project costs to ensure they stay within the approved budget. This involves tracking expenses, identifying variances, and taking corrective actions when necessary.

To answer your question more precisely, I need more context. What are you trying to achieve with this "Current Budget"?

For example, are you:

• Tracking project expenses? Then you're likely interested in the budget baseline and the remaining budget.
• Forecasting future costs? Then you need the budget forecast.
• Evaluating project performance? Then you need earned value management.
• Managing project costs? Then you need to understand the budget control process.

Once you clarify your goal, I can provide a more specific and accurate answer.