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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? An IT budget consists of all the IT spending for an organization over one year.

Budget 355
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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.

Budget 357
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Project Monitoring and Control: Tools & Steps

ProjectManager.com

All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

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Calculating the Production Budget (Formula & Example Included)

ProjectManager.com

There are financial constraints, of course, but there is also demand to think about. That’s why a production budget is essential. But what is a production budget and what should be included in one? We’ll answer those questions and then show you how to make a production budget so you’re always producing what your customers want.

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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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The Best Free Online Project Management Certificate Courses (2023)

Rebel’s Guide to PM

A certificate course helps you stand out from the crowd. However, there are some (good) free online project management courses with certificates out there. The list below contains affiliate links, but these courses are free or can be completed with a free trial subscription. See the course Best place to start Kickoff from PMI 5.0

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Asana vs. Monday: In-Depth Software Comparison

ProjectManager.com

They have features, such as project tracking, workflow automation and other standard project management software features. Of course, you can have the best of both worlds, with more powerful features and at a price point that fits your budget. It’s generally a more robust software than Asana. Fair enough.