Preparing a budget sheet for a proposed project is a critical activity that helps ensure whether the project is provided with all necessary funds. It aims to confirm direct and indirect project costs are fully covered by the budget, with no cost overruns and underestimates. Let’s find out how to prepare a project budget in three generic steps.
No doubt the process of auditing a project is one of the major activities that define success of the project management process. In this article we talk about the general steps of the process. First we explain what project audit means; then we give the audit checklist.
It’s impossible to imagine a successfully managed small-sized organization without a well-thought-out business strategy template. Business management best practices requires you to carry out the strategic business planning process to set the strategic goals of your company and state the key direction of business activities. In this article we’ll focus on strategic business planning, review the definition, output and role of this process.
Blogging appears to be efficient if project management (PM) is used as the basis for blog management. I call it Blog PM. In this article I write how to become an efficient blogger through following the ideas of PM. You will read about the key components of the project planning process. The article will help you understand how to plan for an efficient blog
The ability of managing projects successfully greatly depends upon the right understanding of the phases and activities that create the project life-cycle. Because any kind of project is “a temporary endeavour undertaken to create a unique product or service” (PMI 2000), it is planned, managed and delivered under a definite life-cycle, or the process of by which the process is implemented. The life-cycle characterizes the constraint of time and defines how soon the project product/service will be produced and delivered. Let’s learn more about the point in this project life-cycle template. We’re going to talk about the definition of project life-cycle and provide an overview of the key phases and activities a conventional project steps through. Please feel free to leave your comments and other feedback.
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