Fri, 21 Nov 2014 10:18:34 GMT The Money Files http://www.ProjectManagement.com/blog/The-Money-Files/ A blog that looks at all aspects of project and program finances from budgets and accounting to getting a pay rise and managing contracts. 3 Levels of Risk Management http://www.ProjectManagement.com/blog/The-Money-Files/11125/ Sat, 08 Nov 2014 15:59:25 GMT At the PMI Hungary Chapter international Art of Projects conference in Budapest this month, Rick Graham spoke about risk management in the globalised world. He talked about how Monte Carlo analysis is used to establish risk and how companies gather sophisticated data to make good decisions about the... Project Cost Management: Estimating Costs http://www.ProjectManagement.com/blog/The-Money-Files/11124/ Sat, 08 Nov 2014 15:34:19 GMT Last time I looked at the process of cost management planning. Today I’m going to look at the next process in the cost management area, that of estimating. Let’s look at the inputs, tools and techniques and outputs for this process as defined by the PMBOK Guide® – Fifth Edition... Project Cost Management: Planning http://www.ProjectManagement.com/blog/The-Money-Files/11123/ Sat, 08 Nov 2014 15:07:46 GMT Project cost management is the process that forces you to think about the procedures, policies and documents you need to manage your project finances. Many of these will already be in place but you’ll use the process to work out how you will apply them in your project and to make sure that you... Project Budgeting in 60 seconds http://www.ProjectManagement.com/blog/The-Money-Files/11088/ Thu, 30 Oct 2014 13:29:36 GMT How to demo your project deliverables http://www.ProjectManagement.com/blog/The-Money-Files/10791/ Sat, 11 Oct 2014 10:12:13 GMT Demos and prototypes save your project time and money because you can get early feedback. I’ve talked about that before (in this video) but a couple of people have asked me for some more tips around setting up demos. And I’m very happy to oblige. Let’s get on with it then, shal... Project Cost Management: An Overview http://www.ProjectManagement.com/blog/The-Money-Files/10790/ Sat, 11 Oct 2014 09:53:06 GMT Project cost management is an important part of managing a project: A Guide to the Project Management Body of Knowledge – Fifth Edition (PMBOK Guide®) devotes over 30 pages to it. But where do you start? It’s a daunting subject because somehow managing money seems much more difficult... What you need to know about your project supplier http://www.ProjectManagement.com/blog/The-Money-Files/10789/ Sat, 11 Oct 2014 09:34:33 GMT When you are preparing to select a new supplier for your project you want to make sure that they are a good fit for you and your organisation. As well as the cost management aspects of getting a quote and setting up a procurement process to select a vendor, there are some other things to consider wh... In Memoriam: Wilhelm Kross http://www.ProjectManagement.com/blog/The-Money-Files/10754/ Thu, 02 Oct 2014 07:42:01 GMT I was really sorry to read in PMI Today that Wilhelm Kross had passed away. He was kind enough to let me interview him only last year and I was impressed by the depth of his knowledge. His desire to improve things in project management came through really strongly and he was an active member of PMI ... Get the most out of a conference (video) http://www.ProjectManagement.com/blog/The-Money-Files/10720/ Fri, 26 Sep 2014 12:41:37 GMT In this video I share 4 tips to help you get the best out of attending a project management conference. How to handle out of hours work http://www.ProjectManagement.com/blog/The-Money-Files/10594/ Tue, 23 Sep 2014 15:18:19 GMT Projects often require out of hours work. That means someone staying late or working over the weekend (or in other non-normal working time) to complete project tasks. It happens in many industries: in IT for example you can’t always make changes to systems during working hours as it stops the ...