You and your team have worked hard over the past several months to prepare the project you’d now like to put into motion. All your “I’s” seem to be dotted and all your “T’s” crossed.
You walk into the conference room to make a pitch and explain your plan for the committee members. The committee listens to your presentation and then asks about your project budget.
Being a project manager means that you keep a lot of balls in the air at the same time. You need to manage people, stakeholders, productivity, and most of all, your budget.
Keeping costs under control can be one of the most challenging parts of successfully finishing a project. Here are some keys to effective cost management that will help you stay on track.
Each project is unique. Whatever project estimation techniques you were using were probably successful. But they may not work with your new projects as your company grows.
Price&Cost has already proved to be a great solution for businesses around the world to estimate and track their project budgets.
We’ve always had support for Materials and Fixed costs, but it wasn’t obvious and wasn’t always aligned with how some of our users expected those types of line-items represented in their estimates.
We’ve heard you, and we’ve delivered!
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Project management has many faces. Some see a project manager as a mere facilitator, whereas others say they need to be a subject-matter expert. Amongst other success factors (timely and quality delivery, client satisfaction, etc) there’s always money involved and armed with these practical project budget management tips – you can be sure you’ll gain control over project financials in no time!