Tagged: how-to

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.

How to Write a Project Description: Key Criteria and Steps

How to Write a Project Description: Key Criteria and Steps

Writing a project description document is a general task of the project manager or his/her deputy who is supposed to identify the idea, goals, background, approach, outcomes and other data in a correct and comprehensive manner. The document should define the project as a worthwhile and economically effective and reasonable endeavor to convince the sponsor of the need to make the necessary investments. In this publication I’m going to talk about Project Description, what criteria to use to write this document efficiently, and what steps to take to develop the document content

choosing accounting software

How to Choose an Accounting Software System for Your Business

How to choose the best accounting software system for my business? This is very important question that every business owner has when facing the need to manage finances. What do you think about it? How will you choose an accounting software solution for your business? What criteria will you use? This article is written to help you answer all these questions. Here we give the top five considerations for choosing the best accounting software system.

How to Write a Feasibility Study Report (FSR) Template

How to Write a Feasibility Study Report (FSR)

Conducting a feasibility study is one of the key activities within the project initiation phase. It aims to analyze and justify the project in terms of technical feasibility, business viability and cost-effectiveness. The study results serves as a way to prove the project’s reasonability and need for launch. Once the study is done, a feasibility study report (FSR) should be developed to summarize the activity and state if the particular project is realistic and practical. Let’s find out what FRS means, why it’s important and how to write it.