Category Archives for Project Cost Management
What is T-shirt Sizing? | Video
T-shirt sizing has become a popular method for estimating in agile projects. So, I answer the question, what is T-shirt Sizing?
Continue reading...Don’t Let Your Project Get Caught in the Cost Trap | Video
The Iron Triangle can create a trap that far too many businesses, Government departments and not-for-profits fall into. It’s the Cost Trap.
Continue reading...A Fixed Price Contract for Your Project: Pros and Cons | Video
What are the pros & cons of a fixed price contract for your project? I answer this from the point of view of a contractor doing projects for their clients.
Continue reading...3 Ways to Produce Your Next Project Budget
Every project has a project budget. But it sometimes feels like a dark art to produce it. After all, you’re a Project Manager, not an accountant.
Continue reading...How to Estimate Project Costs | Video
Cost estimation is critical for project managers. But, it’s hard to estimate project costs well & poor estimates cause project budget over-runs.
Continue reading...How to Deliver Effective Project Cost Management | Video
Project Cost Management can seem both dull and difficult. But whatever your attitude to it, there’s nothing your finance director will care about more.
Continue reading...What is a Discounted Cash Flow – DCF? | Video
A business case & investment appraisal are vital at the start of your project. This video answers the question: ‘What is a Discounted Cash Flow, or DCF?’
Continue reading...PM Formulas: Understanding the Math of Project Management
Project Management is a structured discipline. The basics are rigorous and logical. So, in this article, I round-up of all the PM formulas you need to know.
Continue reading...Project Financial Management – 5 Tips for Good Cost Control | Video
Project Financial Management may not seem appealing. But it’s a vital discipline. How do you manage project finances and cost control?
Continue reading...Project Business Case: Write an Effective Project Proposal | Video
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.
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