Sarah is a solicitor acting for a claimant in a multi-track professional negligence claim valued at £180,000. The case has been allocated to the multi-track and the first Case Management Conference is listed for next month. Sarah knows that costs budgeting will apply to this case. She has been asked by her senior partner to prepare a Precedent H costs budget setting out the estimated costs for each phase of the litigation. Sarah is new to costs budgeting and wants to understand what the court's role will be in managing the costs of the case.
Which of the following statements best describes the court's role in costs management under CPR 3.12?