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Project Review Process: A How-to Guide

ProjectManager.com

Projects are planned, but for those plans to achieve their goals and for future plans to be more successful, a project review is necessary. That doesn’t mean there’s only one way to do a project review. We define the term and list the types before going into how to conduct a project management review. What Is a Project Review?

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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? An IT budget consists of all the IT spending for an organization over one year.

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Project Budget Template for Google Sheets

ProjectManager.com

Excel project budget templates are one of the most popular tools to create a project budget. However, Excel isn’t the best tool for project budgeting as it doesn’t allow project team members to collaborate online, sharing files among team members it’s a time-consuming process, among other productivity drawbacks.

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Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

There are many ways to approach budgeting. Two of the more common approaches are bottom-up budgeting and top-down budgeting. Knowing which is right for you starts with understanding both of these budgeting approaches. Then we’ll show you how to make a budget using both so you can make an informed decision.

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Tracking Budget Variance in Project Management

ProjectManager.com

Those disruptions can play havoc on a project’s budget. Therefore, project managers are always tracking budget variance to deliver projects without breaking the bank. We’ll define project variance below as well as what a budget variance analysis is. What Is Budget Variance?

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What Is a Post-Implementation Review in Project Management?

ProjectManager.com

In short, a post-implementation review is a process to evaluate whether the objectives of the project were met. Post-implementation review is the last step in your project cycle and usually involves an independent party, which can act more objectively in making their determinations about how the project was run.

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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Google Sheets helps with collaboration but it isn’t a true project management software.

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