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Category Archives for Project Budget Management

What is Earned Value Management – EVM? | Video

What is Earned Value Management - EVM?

Earned Value Management (or EVM) is one of the most important techniques for formal project management. If you aspire to lead substantial projects, you’ll need to know when and how to deploy this powerful toolset. So, what is Earned Value Management – EVM? Dr Mike Clayton is founder of Here, he answers this question, in under […]

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Project Cost Management – The Essential Things to Know and Do

Project Cost Management

Project Cost Management often puts people off. It feels complicated and has the mystical air of mathematical magic and wizardry. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. But this is not […]

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Make Your Project Estimation More Reliable, Using the PERT Method

Project Managers have many responsibilities. And one of the most difficult is Project Estimation: to predict what will happen in the future. Because projects are fraught with uncertainty. One of the most widely used approaches to improving estimation is the PERT Method. And Project Sponsors dislike uncertainty. So they expect Project Managers to reduce it. So, […]

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