Price&Cost turns uncertain projects into predictable profits

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.

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!

Designers are often bad at self-management, especially if they come from agency environments where they’ve relied on a bunch of project management professionals to deal with practicalities, financials and planning the work. So when a typical agency designer is starting his/her first freelancing gig, learning to be a project manager is essential (and it’s a hell of a task if you’ve never done it before).

As a project manager you would have certainly heard about the Project Management Triangle (or Iron Triangle or Triple constraints). Some PMs live and die by this, and there’s a really good reason why.