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How to create a project budget

Rebel’s Guide to PM

What is a project budget? A project budget is a financial document that lays out what you think you’ll spend on a project. ” The project budget might be phased over multiple quarters or years. What does creating a project budget involve? What is included in a project budget?

Budget 307
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5 Simple Reasons Why Processes Don’t Work

Rebel’s Guide to PM

I bet you have plenty of project management processes, don’t you? The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them. But I’m a big believer in making sure everything is fit for purpose and processes are included in that. Processes are too informal. “Oh,

Process 377
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The Rise of the AI-Powered PMO: Skills and Strategies for Thriving in an AI-Augmented Project Landscape

The IIL Blog

The Project Management Office (PMO) is no exception. In this article, we will explore the rise of the AI-powered PMO and provide actionable strategies for project managers to thrive in an AI-augmented environment. Here is a foundational Generative AI PMO Template, along with guidance on how to customize and use it effectively.

PMO 88
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Strategic Project Portfolio Management [Book Review]

Rebel’s Guide to PM

It sounds simple – we all know we should do it, but it’s hard to know where to start for a new PMO. It covers the whole lifecycle from finding ideas for projects, through the prioritization process and planning for the most productive organization possible. This article first appeared at Rebel's Guide to Project Management

PMO 414
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How to Build and Implement a Project Strategy

ProjectManager.com

We’ll go over that and link to free project management templates that can help you in this process. The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. What Is Project Strategy? Who’s Responsible for Creating the Organization’s Project Strategy?

Budget 374
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10 common resource management problems and how to fix them

Rebel’s Guide to PM

Securing the right resource (and enough of it) is a huge headache for PMO leaders and project professionals. The PMO can lead on this but everyone will need to follow the process for it to work. This article first appeared at Rebel's Guide to Project Management and define how leaders can secure resources.

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How to Fix 5 Project Management Skills Gaps

Rebel’s Guide to PM

Unfortunately I’m not able to say, “I’m struggling with Excel right now, I really don’t have these budgeting skills, so we won’t bother to have a budget tracker on this project.” Boost your skills: Make sure everyone on the team knows how to manage risks and what the process is. And I don’t have them all – I’m aware of that.

Finance 319