7 Reliable Ways to Improve Project Estimates
7 Reliable Ways to Improve Project Estimates By Harry Hall Once upon a time, I sat in the office of a CEO as he described ten years of late and grossly over-budget Information Technology...
Category: Cost Management
Common Project Manager Mistakes: #5 Assuming Estimates Can Be Right
Common Project Manager Mistakes: #5 Assuming Estimates Can Be Right By Samuel T. Brown, III, PMP, Global Knowledge Course Director and Instructor This article is part of a series. The previous article can be...
Which Is Better? A Budget with “Challenge” or a Budget with “Reserve”?
Which Is Better? A Budget with “Challenge” or a Budget with “Reserve”? By Timothy Prosser In the defense contracting world budgeting is typically done under a rigorous “earned value management system” (EVMS) that usually...
5 Tips To Help Control Your Project’s Budget
5 Tips To Help Control Your Project’s Budget By Christian Bisson Controlling your project’s budget can be challenging; there are many obstacles that can lower your budget’s health but there are many tactics you...
Agile Methodology – Agile Under a Firm Fixed-Price Contract (FFP)
Agile Methodology – Agile Under a Firm Fixed-Price Contract (FFP) By John Nelson In our first post on using Agile to develop better software and reduce risk, we discussed Agile in a general sense,...
The Best Approach To Estimation Is To Use More Than One Technique!
The Best Approach To Estimation Is To Use More Than One Technique! By Kiron D. Bondale A logical question when approaching any new project is “What is the best technique to estimate project effort...
7 Ways to Create a Budget for Your Project
7 Ways to Create a Budget for Your Project By Tim Clark There’s a tight link between project management and budgets. Preparing a project budget requires thinking through the project in detail before anyone...
Estimating the Cost of Project Management
Estimating the Cost of Project Management By Bruno Collet Isn’t it ironic that we project managers regularly pressure teams to provide estimates but are often unable to estimate the cost of project management? Most...
How to Keep the Project’s Budget Under Control
How to Keep the Project’s Budget Under Control By Jackson Bruno Project Managers are faced with the pressures of keeping the project’s budget under control. This pressure is the result of organizations having a...
Top 4 Surprises That Will Blow Your Project Budget
Top 4 Surprises That Will Blow Your Project Budget By Michelle Symonds No matter how carefully you plan things, surprises always happen. As project managers we need to ensure we are effectively managing our...
