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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 317
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How to Fix 5 Project Management Skills Gaps

Rebel’s Guide to PM

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

Finance 330
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How to create a project budget

Rebel’s Guide to PM

Creating a project budget involves: being able to identify all the items that are going to cost money building a complete picture of what you need to spend getting approval for that amount. So it’s worth spending some time on making sure your budget is comprehensive. Direct costs are going to form the bulk of your project budget.

Budget 294
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Managing Risk from Every Level of Your Organization

LiquidPlanner

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

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4 Unusual Reasons Why Stakeholder Management Is Important

Rebel’s Guide to PM

Table of Contents Why is stakeholder management important to project success? What is stakeholder management? Reduce and Uncover Risk 3. Easier Project Closure Why is stakeholder management important to project success? What is stakeholder management? Need some help with the project budget? Free Resources 2.

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How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

Tolerances are an important part of being able to work autonomously as a project manager. However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. Which level of management sets the project tolerances?

Prince2 339
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12 Ways to Manage Project Quality Without Drama

Rebel’s Guide to PM

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right. What does it mean to “do” project quality?