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Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

There are many ways to approach budgeting. Two of the more common approaches are bottom-up budgeting and top-down budgeting. Knowing which is right for you starts with understanding both of these budgeting approaches. Then we’ll show you how to make a budget using both so you can make an informed decision.

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Project Budget Template for Excel

ProjectManager.com

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

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Project Health: How to Keep Your Project Healthy

ProjectManager.com

To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. As we’ll see in a moment, this requires a close monitoring of various elements of the project. ProjectManager has real-time dashboards to monitor the health of your project. Learn more.

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Top 10 Project Management Qualifications

ProjectManager.com

Video: Project Management Qualifications Overview Learn about the top-10 project management qualifications in this tutorial video featuring Jennifer Bridges, PMP. Project planning is the second stage in project management, after initiation and before execution, monitoring and controlling and closing. Thanks for watching!

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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. Project Manager: This is a professional responsible for leading the project, making its schedule and budget as well as leading and managing the project team. That’s the project scope.

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Organizational Resources Basics: Managing Company Resources

ProjectManager.com

Let’s take a moment to look more closely at a few. Manage Your Team’s Workload As you execute the project or projects under the care of the organization you must monitor not just progress but also performance. Resource management involves the monitoring and control of your team’s workload. They’re like an instant status report.

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What Is the Project Life Cycle?

ProjectManager.com

The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. The monitoring and controlling project phase is very important to make sure the execution goes as planned in terms of schedule , scope and budget baselines.