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Tracking Budget Variance in Project Management

ProjectManager.com

Projects are planned, but those plans are rarely executed with changes. Those disruptions can play havoc on a project’s budget. Therefore, project managers are always tracking budget variance to deliver projects without breaking the bank. What Is Budget Variance?

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Project Budget Template for Google Sheets

ProjectManager.com

Excel project budget templates are one of the most popular tools to create a project budget. However, Excel isn’t the best tool for project budgeting as it doesn’t allow project team members to collaborate online, sharing files among team members it’s a time-consuming process, among other productivity drawbacks.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

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Shop Floor Management: Planning, Scheduling and Control

ProjectManager.com

For those new to the term, let’s first define its parts, such as what is a shop floor and a shop floor plan. What Is a Shop Floor Plan? A shop floor plan is used to manage the activities that happen or are related to the shop floor. That includes the management of operations planning, inventory, equipment and workers.

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Download one or all and get your next project started right.

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Runn Software Review

Rebel’s Guide to PM

Runn brings together the people side of your business with powerful project resource management features. It’s resource planning software that is perfect for professional services and firms that would benefit from the transparency of seeing where time is being spent. Cost and plans: Free 14-day trial.

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Create & Manage a Project Budget Using Software

ProjectManager.com

Whether you’re a numbers person or not, as a project manager, ownership of a budget is usually a key part of your job responsibilities. Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. What Is a Project Budget?

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