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...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...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...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...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...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...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 may not seem appealing. But it’s a vital discipline. How do you manage project finances and cost control?
Continue reading...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.
Continue reading...How best to monitor and report on the performance of your projects and predict their future performance? Earned Value Management (EVM).
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