Wed, 23 Apr 2014 15:14:34 GMT The Money Files http://www.ProjectManagement.com/blog/The-Money-Files/ A blog that looks at all aspects of project and program finances from budgets and accounting to getting a pay rise and managing contracts. This blog is written by Elizabeth Harrin. Project selection: 4 more soft benefits to consider http://www.ProjectManagement.com/blog/The-Money-Files/7606/ Mon, 21 Apr 2014 10:48:48 GMT Last time I looked at 4 soft benefits that go into project business cases and are a factor in project selection. They were: Increased customer satisfaction Improved brand awareness Better staff morale Improved processes. Today I’ll look at another 4. You may be ... Project selection: more than just ROI http://www.ProjectManagement.com/blog/The-Money-Files/7600/ Mon, 14 Apr 2014 14:32:17 GMT When we select what projects to do, return on investment is one of the major decision-making factors for many companies. Financial measures like cash flow and ROI are essential: after all, who wants to work on a project that isn’t going to contribute to the bottom line? What’s the point?... Advancing your career: the new Portfolio Management Professional credential http://www.ProjectManagement.com/blog/The-Money-Files/7592/ Mon, 07 Apr 2014 07:31:48 GMT PMI have launched a new credential recently: the Portfolio Management Professional (PfMP)SM. The pilot finished in February and at the moment you can’t sit the exam while they review the feedback from that, but you can still apply and it won’t be long before exam dates can be booked. ... 5 Tips for project communications on the cheap http://www.ProjectManagement.com/blog/The-Money-Files/7570/ Mon, 24 Mar 2014 14:16:23 GMT Ann Pilkington, in her book Communicating Projects, has a short section about managing project communications on a budget. I’ve never worked on a project that has had a large budget for project communications, although I know that many public works and civil engineering projects have money set... 3 More Pitfalls of Project Estimating http://www.ProjectManagement.com/blog/The-Money-Files/7549/ Fri, 14 Mar 2014 07:29:48 GMT In this video I look at three more pitfalls to avoid when doing your project estimates. Don't fall into these traps! 5 Things for a Friday afternoon http://www.ProjectManagement.com/blog/The-Money-Files/7537/ Mon, 10 Mar 2014 15:57:06 GMT In his book, How To Be A Productivity Ninja, Graham Allcott talks about how to manage your time more effectively. It’s a good book, but one of the best things I took away from it was his idea of how you should spend your Friday afternoons (assuming that your working week finishes on a Friday).... Make Interoperability Part of Your Project http://www.ProjectManagement.com/blog/The-Money-Files/7531/ Wed, 05 Mar 2014 10:41:39 GMT With CRM being this month’s focus area, making all your systems interact with each other is a key part of being able to get the data you need to feed your CRM system. Your project, therefore, if it has anything to do with IT, systems or data, probably needs some kind of interoperability approa... 4 Pitfalls of project estimating http://www.ProjectManagement.com/blog/The-Money-Files/7521/ Thu, 27 Feb 2014 10:55:47 GMT In this video I talk about 4 pitfalls of project estimating. What's your USP? http://www.ProjectManagement.com/blog/The-Money-Files/7492/ Mon, 17 Feb 2014 15:52:22 GMT One way to distinguish yourself from the other project managers in the department is to think about how good your grasp is of project finances. This is often an area where project managers have weaker skills because not all projects require them to balance lots of books and sometimes big projects ev... 6 Things I wish I'd known about project budgets http://www.ProjectManagement.com/blog/The-Money-Files/7491/ Sat, 15 Feb 2014 15:40:19 GMT 1. Euro invoices still require VAT From time to time I get invoices in euro from suppliers who are based in mainland Europe. The invoices arrive without VAT. But according to local UK regulations, we still have to pay VAT on the services received. Check your local rules! Your accountancy team sh...