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The Budgeting Process in Business & Project Management

Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget. What Is a Budget? It plans your spending over a specific timeframe.

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7 Factors of Good Governance

Rebel’s Guide to PM

Projects ideally sit within a governance framework that is bigger than the project team. It’s actually easier to work in an environment where there is governance in place because it gives you boundaries. But what does governance on projects actually look like? Here are 7 factors that make up good governance.


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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. 5 Tips for Managing a Project Budget. We know that keeping on top of your budget is key when it comes to managing projects. So we asked Sol his top tips for budgeting: 1. Use a budget template.

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What Does Project Governance Really Mean?

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? You can look at project governance as a framework to help oversee the right course for the project. Structure.

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True Enterprise Governance – its more than just PPM!


No longer can the standard annual budgeting process and PPM tools meet the needs of organizations that have serious revenue constraints, resourcing impacts on their major projects, fast adoption of “work management” tools, and the focus on “products” and “teams” which Agile techniques promote. The ability to define a strategic plan.

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What Is IT Management? Why Is IT Important for Businesses?

There are five essential areas of IT management: governance, operations management, project management, IT infrastructure security and service desk. IT Governance IT governance is a framework for aligning IT strategy with the business strategy of the organization.

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Project Portfolio Manager Job Description

A portfolio is a bunch of projects and the project portfolio manager has to allocate resources across all the projects in the portfolio efficiently and deliver on the strategic agenda of the organization that has governance over the portfolio. This requires project management software.

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