Using Risk Management to Improve Project Budget Estimation By Abdulla Alkuwaiti Producing a good estimate for your project budget is not an easy task. Chances are you spent a great deal of time identifying...
Know the ROI of Your Project Before You Start By Samuel Prasad ROI – Return on Investment – is a performance measure used to evaluate the efficiency of an investment. In other words, ROI...
How to Handle Project Budget Cuts By Michael Stanleigh Dear Project Coach: My project sponsor just cut 30% of the funds and I am really confused and short of ideas at the moment. What...
Financial Control Of Projects By The Office of Government Commerce – OGC, UK Purpose Established and effective cost control systems and procedures, understood and adopted by all members of the project team, entail less...
Planning and Budgeting in Scrum Projects By Jeroen Keppens In a pure waterfall project, processes for planning and budgeting are well defined. Scrum on the other hand provides a very flexible way of development...
How to Calculate the ROI of an IT Project By Ahmed Hafeez ROI communication & calculation can make a difference in a project getting funded or not. In today’s economic climate justifying the cost...
Project Management: Using Data to Increase Profitability and Reduce Risks By Curt Finch Project management data – which is obtained from time tracking information – is often an area that could be improved in...
Basic Project Management – Cost Evaluation By Willy-Peter Schaub This article is very simple explanation of Cost Evaluation in Project Management. The article uses easy to grasp examples to explain concept. The following table...
Project Cost Report By The Office of Government Commerce – OGC, UK Purpose of the Project Cost Report To provide an up-to-date record of commitments and expenditure within budgets so that unexpected over/under run...
Analogous Estimating / Top Down Estimating – A PMP Definition By Sivaraj Dhanasekaran Analogous Estimating, is one form of expert judgment and it also known as Top-down Estimating. This technique is used to determine...
