3 steps to preparing project budget

How to Prepare a Project Budget in Three Generic Steps

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.

business project risk management

Business Success through Project Risk Management

Effective project risk management, in combination with a powerful project management plan, is the real way to solve most of the issues that a business project encounters throughout its lifecycle and to move it towards successful accomplishment. Let’s try to combine business management to project risk management.

success through project audit

Project Audit Checklist – The Key Steps of the Audit Process

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.

Project Scope Management

Managing Project Scope: Key Reasons and Steps

Project scope is the specification of work by tasks with deadlines to be performed under certain requirements. Managing project scope means ensuring that tasks and deadlines remains effective at any given point in the project lifecycle. The process of managing scope aims to protect a project from undesired deviations from the planned course of action. If this process fails, the project appears to be less effective or even failing because project outcome (product, service) may be rejected by the customer. In this article let’s talk about the essentials of effective project scope management. Here I describe the need for performing the process and explain what basic steps of the process are.