article thumbnail

Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

He started his career as an auditor in London, trained with E&Y where he qualified as an accountant, and then moved into consulting for retail and investment banking for a wide range of projects and clients. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets.

Budget 355
article thumbnail

Project Management Apprenticeships: A UK Guide

Rebel’s Guide to PM

I really rate the training on offer and the support (although to be fair, the different awarding organizations who offer the training can vary widely in their support). You can find providers who offer all the training remotely (or you can go into a college if you prefer to study that way). link] What do you learn?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

They’re responsible for making sure that the related projects are completed on time and within budget. They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. This includes any training that’s required.

PMO 341
article thumbnail

How to Build and Implement a Project Strategy

ProjectManager.com

The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. Some examples of operational projects are routine maintenance, training programs and upgrades to the IT infrastructure. This will inform your schedule and budget. That’s the project scope.

Budget 367
article thumbnail

Construction Superintendent Job Description, Responsibilities and Salary

ProjectManager.com

This will inform the construction project’s budget. Once you’ve set a baseline, progress and cost variants can be tracked in real time to help you stay on schedule and within budget. But beyond monitoring the schedule, they also monitor the budget, as we’ve noted above. Get started with ProjectManager today for free.

article thumbnail

IT Financial Management (ITFM) Best Practices

ProjectManager.com

To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments. This position is also responsible for IT governance , ensuring that standards, rules and proper procedures are being followed. Here are a few of them.

article thumbnail

Contractor Management: A Key to Successful Projects

ProjectManager.com

The goal of contractor management is to plan, manage and track the work of contractors to ensure that they’re meeting milestones in the schedule and keeping to the project budget while maintaining safe working conditions and delivering quality work. Terms and conditions: Governing the contractual relationship between parties.