Tag Archives: Project Management

Six Tips for Managing the Project Budget

April 30, 2014 executivesalad Leave a comment

Many projects will benefit from a Financial Management Plan. This plan provides guidance on how you will estimate, budget and manage costs.

If you want to successfully manage your budget you have to be sure to capture all of the expenditures paid to date, including all expenses related to labor, equipment, supplies, material, etc. Then compare the numbers against your budgeted spending for this same time period. You may or may not have an apples-to-apples comparison. There are a couple reasons why a project may look like it is having budget problems when it may really not be. Continue reading Six Tips for Managing the Project Budget →

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Should You Factor Positive Risk into Project Planning?

April 29, 2014 executivesalad Leave a comment

Risks represent potential future events or circumstances that could have an impact on your project. Generally we think of risk having a negative impact. However, what if the impact on your project was positive? In that case you would have an opportunity risk. Continue reading Should You Factor Positive Risk into Project Planning? →

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5 Steps For Tracking Project Progress

April 28, 2014 executivesalad Leave a comment

Step 1: Use real-time information

Project team members will be reporting project progress to you so make it easy for them by using real-time information. Choose a project tool that can capture real-time task information. This will give them everything they need to prepare their status updates quickly so you can consolidate the data for your overall tracking. Continue reading 5 Steps For Tracking Project Progress →

Back to Basics, Management

Use These Four Techniques for Managing Issues

April 24, 2014 executivesalad Leave a comment

Issues are problems that will impede the progress of your project, and are not within the control of the project team to resolve. They need outside help. Use these four issues management techniques on your projects. Continue reading Use These Four Techniques for Managing Issues →

Back to Basics, Management

Five Techniques to Introduce Project Management To Your Project Team

April 23, 2014 executivesalad Leave a comment

Project management presents a bigger challenge than just telling everyone on the team to do things a certain way. People that are not used to working within a formal structure and framework can sometimes rebel when they are asked to do it for the first time. These people will first tend to get negative and view the new processes a bunch of overhead. To help you be successful, I recommend you look at five areas. Continue reading Five Techniques to Introduce Project Management To Your Project Team →