Wed, 12 Dec 2018 21:20:47 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 and accounting to getting a pay rise and managing contracts. 3 Ways Strategic Factors Add Risk to Projects [Video] https://www.ProjectManagement.com/blog-post/49426/3-Ways-Strategic-Factors-Add-Risk-to-Projects--Video- Fri, 07 Dec 2018 14:08:24 GMT Strategy plays a huge part in whether or not your project is going to be a success. Yes – things decided way above your pay grade influence the outcomes of your project. That happens through risk. The corporate approach to strategy (or lack of it) massively shapes how your project is going ... 3 Tips for Better Virtual Meetings [Video] https://www.ProjectManagement.com/blog-post/48368/3-Tips-for-Better-Virtual-Meetings--Video- Tue, 13 Nov 2018 04:59:57 GMT Virtual meetings can be a huge time and cost saver, but the last thing you need is to be stuck on project calls that take up all day. If you’re anything like me, I’m sure you will have been on calls where you’ve sneakily gone on mute because the meeting isn’t relevant to y... What's New in Project Resource Management: Trends & Tailoring https://www.ProjectManagement.com/blog-post/48370/What-s-New-in-Project-Resource-Management--Trends---Tailoring Tue, 06 Nov 2018 16:49:22 GMT Pivot Tables for Beginners [Interview with Nick Nuss] https://www.ProjectManagement.com/blog-post/48366/Pivot-Tables-for-Beginners--Interview-with-Nick-Nuss- Tue, 06 Nov 2018 15:48:00 GMT Recently I spoke to Nick Nuss, data manager, Excel expert and blogger. I like to think that I’m OK at using Excel, but one of the things I don’t understand is pivot tables. So I figured it was about time I learned how to use them. Luckily, Nick was on hand to explain all. If you&rs... 3 Project Budget Mistakes [Infographic] https://www.ProjectManagement.com/blog-post/48344/3-Project-Budget-Mistakes--Infographic- Mon, 05 Nov 2018 20:38:54 GMT I know this is a topic I have returned to several times, but I feel really strongly that project budgeting shouldn’t be hard, and we should all learn from past experiences. In the infographic below, I share three really common budgeting mistakes that I see happen time and time again, especiall... Project Risk Management Roles: Who Does What https://www.ProjectManagement.com/blog-post/47202/Project-Risk-Management-Roles--Who-Does-What Mon, 29 Oct 2018 12:59:59 GMT Project risk management is a team effort. As the project manager it might feel like you are taking the lead role, but overall it shouldn’t be a one-person job. You need to work together to identify the risks on your project and do something about them. You can’t work as a team if you ... 5 Types of Project Cost [Infographic] https://www.ProjectManagement.com/blog-post/47200/5-Types-of-Project-Cost--Infographic- Mon, 22 Oct 2018 12:59:58 GMT There are different types of project cost – your budget isn’t made up of one big lump of cash. Although it can sometimes feel like that! Understanding the different types of project cost is helpful because they help you review the different categories of spend. You can use mindmapping... What's New in Project Resource Management (pt 6: Control Resources) https://www.ProjectManagement.com/blog-post/47199/What-s-New-in-Project-Resource-Management--pt-6--Control-Resources- Wed, 17 Oct 2018 12:59:56 GMT In this instalment of What’s New In the PMBOK Guide®-- Sixth Edition, we’ve made it to the sixth and final process in Project Resource Management (see here for Plan Resource Management, Estimate Activity Resources, Acquire Resources, Develop Team and Manage Team). This is a brand ... 3 Soft Project Benefits [Video] https://www.ProjectManagement.com/blog-post/47198/3-Soft-Project-Benefits--Video- Mon, 08 Oct 2018 11:59:58 GMT So often when we think about benefits, we think about the ones that relate to money. ROI, NPV, IRR and so on are often what stakeholders care most about. But not all stakeholders. Sometimes the impact on the business or the customer is more important, or at least equally important, as the financi... The Estimating Life Cycle https://www.ProjectManagement.com/blog-post/45997/The-Estimating-Life-Cycle Tue, 25 Sep 2018 11:59:59 GMT What are the steps for estimating? Each business will have a slightly different approach to how to do project estimating, and your PMO will likely have a methodology that you are expected to use. For budget estimating, it maybe the corporate Finance department that sets out how estimates are supp...