Fri, 19 Dec 2014 10:04:23 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. Career trends: the picture from 2014 http://www.ProjectManagement.com/blog/The-Money-Files/11253/ Fri, 12 Dec 2014 11:43:33 GMT Did you get a new job in 2014? Or are you hoping to get one next year? ESI have released a new report that looks at career trends over the last 12 months. Starting salaries As this in the inaugural report, ESI don’t have historical trend data on starting salaries. Even so, their assess... 15 Things You Should Have Done This Year on Your Project Budget http://www.ProjectManagement.com/blog/The-Money-Files/11252/ Fri, 12 Dec 2014 11:17:45 GMT And as another year draws to a close it’s time for some reflection. With all the rushing and deadlines and pressure to get tasks done, how well did you do with hitting all the best practices you know you should have? Here are 15 things that you should have done this year related to your pr... Project Cost Management: Determining Your Budget http://www.ProjectManagement.com/blog/The-Money-Files/11180/ Tue, 02 Dec 2014 15:00:35 GMT The last part of this ongoing series on project cost management looked at the estimating process. Today we’re going to look at how to determine your budget. What’s the process for? This process is where you establish the overall cost of the project. At the end of the process you&... 5 Tools for Project Budgeting [video] http://www.ProjectManagement.com/blog/The-Money-Files/11170/ Fri, 28 Nov 2014 13:45:14 GMT 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...