Projects aren’t executed in a vacuum. It’s easy to get lost in the planning and execution as these are foundational processes that help deliver successful projects. However, you can’t forget the context of the project, which is what enterprise environmental…
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Construction estimating is one of the most important parts when landing a construction project. Bid too high and you lose money, but bid too low and you lose the job. From equipment to crew members, construction estimates are one of…
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Projects are often viewed as standalone events. They are, after all, temporary and create a deliverable when completed. But this is a short-sided view that misses the big picture. Projects are often part of an organization’s larger goals and objectives….
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Monday.com is a popular project management software that targets both seasoned and novice project management professionals and team leaders. This broad approach introduces problems, as not everyone’s needs are the same, forcing many consumers to look for a Monday.com alternative….
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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…
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Inventories are a very important tool for business management as they allow companies to track physical assets such as raw materials, supplies and products that are available for sale. This Google Sheets inventory template works for any of those cases,…
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Information technology (IT) runs most businesses. It’s hard to imagine a company without an IT department. But those devices don’t run for free. Managing information costs and managing information security for those costs are part of making an IT budget….
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Information technology (IT) has found its way into almost every aspect of our lives, both professionally and personally. What we might take for granted actually involves a great deal of work and investment. IT financial management (ITFM) covers the costs…
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Asana is a well-known project management software solution, but many project managers who try it find that it falls short of their needs. Thankfully, there are many Asana alternatives on the market, many of which are more powerful and offer…
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There are many things that are needed when managing a project. Front of mind are resources and intangible things like leadership, experience and general know-how. But there are also tangible items that are just as important. Some of these are…
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Capital is money. In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. Figuring out what to spend its capital on, such as capital spending on long-term assets,…
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When governments or corporations make large investments, they don’t do so without serious planning. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Let’s take a look at…
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Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. It’s more than just keeping up with costs. There’s a lot of planning, managing and tracking involved. But what…
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