Beschreibung:
Knowing how to handle finances is an essential part of a project manager’s role. This ebook covers this vital aspect, including how to manage project variables where other parties have authority. This is one section of the book "Shortcuts to Success".
More than one-third of projects have a budget of seven figures or more, so handling the finances is an essential part of a project manager’s repertoire. Keeping to budget is not always easy, and it is made harder by the fact that project managers themselves don’t always get control over the money. As the 'average' project has its budget revised at least three times, the situation can be further complicated. This is one section of the book "Shortcuts to Success".
Author
Glossary
Introduction
Create a realistic budget
Calculate the true cost
Track estimate to complete
Agree a budget tolerance
Have a contingency fund
Gain buy-in for collective budget responsibility
Agree who holds signing authority
Arrange for a peer review
Manage projects with no budget carefully
Use timesheets for tracking time
Budget for change management
Understand the benefits
Further reading
Index
More than one-third of projects have a budget of seven figures or more, so knowing how to handle the finances is an essential part of a project manager’s repertoire. An incredible 56 per cent of projects are affected by budget changes and the 'average' project has its budget revised at least three times. Keeping on top of finances is not always easy, and it is made harder by the fact that project managers themselves don’t always get control over the money. This ebook covers how to manage project variables where the budget authority is held elsewhere, how to find out who has that authority, and how to manage the relationship with the budget holder. This is one section of the book "Shortcuts to Success".