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7 Steps for a Successful Project Budget

ProjectManager.com

That’s why planning out your project budget is so important: it’s the lifeblood of the project. But first, we need to define what a project budget is. What Is a Project Budget? A project budget is the total projected costs needed to complete a project over a defined period of time. But it’s not a static document.

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Cost-Plus Contract: How to Use One

ProjectManager.com

Imagine you’re building something conceptual, but you only have a general idea of how to do so. This means the owner is not agreeing to a set budget for things like materials and labor, but rather, agreeing to pay whatever it takes to get the job done. One of these is called a cost-plus contract.

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How to Write a Business Case

ProjectManager.com

The need for a business case is that it collects the proposal, outline, strategy and marketing plan in one document and offers a full look at how the project will benefit the organization. Document everything. The research you’ll need to create a strong business case is the why, what, how and who. Business Case Checklist.

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5 Types Of Project Reports (Updated Nov. 2019)

ProjectManager.com

However, you may not know that there are several different types of reports, or how to specifically address those reports to particular audiences. They will want to read about things that are important to them, like issues they can help resolve, a summary of the budget position, and whether or not you are on track to hit key milestones.

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Top 9 Project Management Word Templates (Updated Nov. 2019)

ProjectManager.com

Instead of reinventing the wheel each time you start a new project, wouldn’t it be great to have a resource that collected a bunch of documents that have been already outlined to serve the purpose of managing a project? It’s all there on our Template Page , your one-stop shop for all your documentation needs. Yes, of course it would.

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How to Plan an Event

ProjectManager.com

Need to know how to plan an event? A conference is a common type of large event, so for our purposes, let’s talk about a TEDx conference that we were involved in to illustrate how to plan an event. If you held similar events, use and adjust an old budget for a baseline. It could be marketing documents. Planning an Event.

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How to Prioritize with the MoSCoW Method

ProjectManager.com

How to Prioritize with the MoSCoW Method: Managing a project is often about managing what you will – and won’t! Online Gantt charts can link dependencies and teams can collaborate at the task level, adding comments, documents and images. This post updated December 2019). There’s an acronym for that!