Tue, 29 Jul 2014 04:37:44 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. 8 Tips for better benefits management http://www.ProjectManagement.com/blog/The-Money-Files/7732/ Tue, 22 Jul 2014 10:08:34 GMT You’ve got a great project with a ton of benefits coming your way. Everyone’s really happy. And then someone says: “Exactly how much are we going to get from this project?” Suddenly it’s no longer enough just to list benefits – you have to quantify them as well, a... 5 Ways to make better decisions http://www.ProjectManagement.com/blog/The-Money-Files/7722/ Tue, 08 Jul 2014 14:47:45 GMT Projects need lots of decisions and often it can take a long time to get a decision made, especially if there are numerous levels of bureaucracy to get through. Time is money on many projects, and while I don’t often come across project teams sitting around waiting for a decision before they c... Creating a stellar delivery organisation http://www.ProjectManagement.com/blog/The-Money-Files/7718/ Thu, 03 Jul 2014 14:14:13 GMT At the Gartner PPM & IT Governance Summit last month Donna Fitzgerald gave a presentation about the factors that go to support a stellar delivery organisation. That’s a fancy way of saying getting your project management maturity levels up so you have a better chance of project success eve... Alternatives to prototyping http://www.ProjectManagement.com/blog/The-Money-Files/7701/ Thu, 26 Jun 2014 10:41:54 GMT One of my videos for this blog was about the 3 steps for prototyping. But what if you can’t prototype, or choose not to? Today I want to consider what alternatives you have. Pretotyping I came across this in the essay by Melanie Rose in the book Business Analysis & Leadership. She ... Make or Buy? Advantages & Disadvantages (video) http://www.ProjectManagement.com/blog/The-Money-Files/7697/ Mon, 23 Jun 2014 09:36:50 GMT Project Management Metrics: The Hot Topic at #GartnerPPM http://www.ProjectManagement.com/blog/The-Money-Files/7687/ Sun, 15 Jun 2014 09:30:07 GMT The Gartner PPM and IT Governance Summit was held in London last week. Lars Mieritz, a Gartner analyst, gave a good presentation about using metrics for communicating project success and effectiveness. He started out by saying that the top concerns of C-level executives and their direct reports, bas... 6 ways to manage schedule performance http://www.ProjectManagement.com/blog/The-Money-Files/7676/ Mon, 02 Jun 2014 12:48:57 GMT How do you know if your project is going well? Schedule performance is a reliable way of assessing whether you are on track or not. Here are 6 ways to review your schedule performance and see if you are making the progress you expected. 1. Earned Value Earned Value management is probably the... What is EVM? (video) http://www.ProjectManagement.com/blog/The-Money-Files/7669/ Tue, 27 May 2014 13:52:14 GMT Procurement 101: More on Cost-Reimbursable Contracts http://www.ProjectManagement.com/blog/The-Money-Files/7666/ Thu, 22 May 2014 14:15:17 GMT Last time I looked at the three general types of contract that you often find on projects: fixed price, cost-reimbursable and time and materials. That’s the overview, but as you’d expect with all things budget related, there’s a lot more to it when you start to dig into the detail.... Procurement Management 101: Three Types of Contract http://www.ProjectManagement.com/blog/The-Money-Files/7660/ Tue, 20 May 2014 09:26:51 GMT You can’t do many projects to change something without spending a bit of cash. And when money is involved, a contract is essential! Generally you’ll come across one of three types of contract on a project: fixed price, cost-reimbursable (also called costs-plus) or time and materials. How...