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Showing posts from July, 2013

Project Budget

Success in project management hinges on the creation of a comprehensive and accurate project budget. Find out what to include in your budget and download a free example of a project budget template. What is the Goal of a Project Budget? One of the key elements of any  project proposal  is the project budget. It is a pivotal tool that will be used by several different groups involved in the project. The project manager will use this budget to determine whether the project is on track; project personnel will use it as a guideline to fulfill certain project milestones; and the client will use it to determine the success of the effort. But the task of creating a budget for a new project may be a bit daunting- especially if the project manager has had little or no experience coordinating projects. Some expenses, such as salaries, utilities, rent, or equipment costs, may seem pretty straight forward. But there are many contingencies and unknowns that may affect how and w...

You’re a Project Manager. So What Does That Involve?

People like to talk about work, don’t they? Whether you meet someone for the first time in a bar, at a party or at the bus stop they are likely you what you do a living. The problem is that project manager is such a vague description to most people that they don’t know what it really involves. Some of them might press you for more details but others might smile and change the subject onto the weather or the price of beans. If you want to get across what your job is about (and why wouldn’t you?) then it is worth thinking about how you can describe it in a language which non project people can understand. Here are a few of the ways I have tried to do it in the past, although not all of them have been successful. I Design Processes This is a pretty safe way to describe the project manager role, even though it only tells part of the story. Everyone knows what a process is and the idea of someone designing them shouldn’t be too much for most of them to grasp. Possibly the main prob...