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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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A Quick Guide to Strategic Initiatives

ProjectManager.com

Although the term “strategic initiative” might sound like inflated business jargon, it’s far from useless. A strategic initiative is a compass that guides businesses and targets future goals. Strategic initiatives are large and complex, requiring a program manager to steer that big ship. Strategic Goals.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

ProjectManager is award-winning project and portfolio management software that has powerful roadmaps that help managers track their initiatives, allocate resources and ensure that they’re on track to meet their long-term plans. Leadership creates this multi-tiered company plan to define, outline and achieve specific goals.

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Acclaim Projects Helps Deliver Innovation Projects on Time and on Budget

The company needed the right financial tools to budget for innovation initiatives and real-time information on spending and forecasting. This transportation company turned to Acclaim Projects by Sopheon to help deliver projects on time and within budget. Leadership team visibility to all projects.

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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. The creation process for an organization’s project strategy is in the hands of leadership and management. This will inform your schedule and budget. That’s the project scope.

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Leading with Transactional Leadership

ProjectManager.com

Leadership can be customized to the individual. This might sound backwards, even counter to what leadership is, but the definition of leadership is broad enough to hold a multitude of approaches. So today, let’s take a look at one of the foundational types of leadership—transactional leadership.