Project Financial Management may not seem appealing. But it’s a vital discipline. How do you manage project finances and cost control?
Your project idea is a good one. Now you need to get it funded. So, you need to write an effective Project Proposal or Business Case.
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 OnlinePMCourses.com. Here, he answers this question, in under […]
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 […]
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, […]