Sat, 14 Dec 2019 07:49:28 GMT The Money Files https://www.ProjectManagement.com/blogs/256120/The-Money-Files A blog that looks at all aspects of project and program finances from budgets, estimating and accounting to getting a pay rise and managing contracts. Written by Elizabeth Harrin from GirlsGuideToPM.com. Benefits of Risk Management [Video] https://www.ProjectManagement.com/blog-post/58282/Benefits-of-Risk-Management--Video-- Tue, 10 Dec 2019 13:59:56 GMT We all know we have to do risk management on projects. And beyond that, our businesses should have enterprise risk management in place, because… well… it’s the right thing to do. However, if you’ve ever had to convince a project sponsor that it’s worth spending tim... Project Scope Management Part 6: Control Scope https://www.ProjectManagement.com/blog-post/58284/Project-Scope-Management-Part-6--Control-Scope Wed, 04 Dec 2019 17:33:02 GMT It’s time for the sixth and final part of our look at the Scope Management Knowledge Area from the PMBOK® Guide-- Sixth Edition. We made it! Thanks for sticking with me to the end on this one. It’s a process with a lot of moving parts! You can find the previous parts of this serie... Holiday Celebration Ideas https://www.ProjectManagement.com/blog-post/57485/Holiday-Celebration-Ideas Mon, 25 Nov 2019 13:59:58 GMT Is it too early to be thinking about project team ideas for celebrating the end of the year? Probably not! And don’t worry about not having anything to celebrate. You made it through another year – that’s enough! If you do have project deliverables or milestones that happen to t... Where to get help with project budgeting https://www.ProjectManagement.com/blog-post/57484/Where-to-get-help-with-project-budgeting Tue, 19 Nov 2019 13:59:57 GMT I get it. Managing project budgets is daunting when you start out. Suddenly, someone is giving you thousands to track and manage. You’re approving invoices for more than the cost of your household monthly outgoings. I was lucky in that when I was very junior in my career, my manager gave me... Project Scope Management Part 5: Validate Scope https://www.ProjectManagement.com/blog-post/57483/Project-Scope-Management-Part-5--Validate-Scope Mon, 11 Nov 2019 13:59:58 GMT It’s time for part 5 of our journey through the Scope Management Knowledge Area from the PMBOK® Guide-- Sixth Edition, although it does feel like once I’ve got through the whole PMBOK® Guide we’ll be on the Seventh Edition, as I know that will be with us before we know it.... 3 Ways to Think About Risk [Video] https://www.ProjectManagement.com/blog-post/57482/3-Ways-to-Think-About-Risk--Video-- Tue, 05 Nov 2019 20:47:18 GMT Getting a handle on risk is so important when it comes to keeping your project under control. There are plenty of different ways to categorise and think about risk, and today’s video considers three ways you can group risk: Hazard risk Control risk Opportunity risk. Watch the... 5 Non-Financial Benefits for Your Business Case https://www.ProjectManagement.com/blog-post/56632/5-Non-Financial-Benefits-for-Your-Business-Case Tue, 22 Oct 2019 12:59:57 GMT When your project is making a tangible financial contribution to the company’s profit or revenue, then putting your business case together is pretty easy. If the financial case stands up, many execs will put a tick in the box. But when you can’t demonstrate that there are financial reaso... Stage Budgets (for Project Board Members) https://www.ProjectManagement.com/blog-post/56611/Stage-Budgets--for-Project-Board-Members- Tue, 15 Oct 2019 13:00:02 GMT So you’re a new member of the Project Board? And wondering how to approve funding for the project? Come in, sit down, let me tell you what to expect! First, you should know that every project-led organisation tends to do things in a slightly different way, and managing money is no except... Project Scope Management Part 4: Create WBS https://www.ProjectManagement.com/blog-post/56610/Project-Scope-Management-Part-4--Create-WBS Tue, 08 Oct 2019 13:00:02 GMT It’s time for part 4 of our journey through the Scope Management Knowledge Area from the PMBOK Guide®-- Sixth Edition. Today, we’re looking at the Create WBS process. You can find the previous parts here: Plan Scope Management Collect Requirements Define Scope The p... What to ask your supplier [Video] https://www.ProjectManagement.com/blog-post/56609/What-to-ask-your-supplier--Video-- Wed, 02 Oct 2019 13:00:04 GMT I’ve worked on projects where all the resources are in house, but it’s more common (at least in my experience, to have some external supplies needed on a project. Whether that’s external legal advice or buying a software product, many project managers have to work with suppliers. ...