Remove Finance Remove Monitoring Remove Project Cost Remove Risk Management
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Project Financial Management: Managing Project Financials

ProjectManager.com

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. It’s more than just keeping up with costs. There’s a lot of planning, managing and tracking involved.

Finance 329
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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

Creating a schedule of values is important for the project owner, contractor and subcontractors alike. It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. ProjectManager’s Gantt charts manage your human and nonhuman resources.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital is money.

Budget 340
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

Can project management software facilitate this work? A capital improvement plan (CIP) is used by organizations to make smart budgeting decisions on which large projects or purchases to pursue. It can be used for related planning, engineering, design, appraisal or feasibility study costs. Learn more.

Planning 322
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What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit.

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Construction Delivery Methods: A Quick Guide for Projects

ProjectManager.com

They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. ProjectManager’s Gantt charts help you manage all construction delivery methods. Learn more.

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? Internal risks. Lack of support.

Risk 317