Category: Cost Management
Jan
07
Source: TenStep Tom Mochal
One of the primary responsibilities of a project manager is to build a project schedule and assign activities from the schedule to team members for execution. After you assign work to team members you should hold them accou… more »
Dec
23
Source: TenStep Tom Mochal
Many people work in competitive bidding environments, where your company generates revenue by winning contracts to complete projects and deliver products to other companies. If you had your preference, you would estimate th… more »
Dec
02
Source: TenStep Tom Mochal
The estimation process is an art and a science. However, once you learn good estimating processes and techniques, you will hopefully be able to move more toward the “science” side of estimating and rely less on the “art” si… more »
Aug
12
Source: TenStep Tom Mochal
Break Summary Activities into Two or More Detailed Activities
Since you chose to break a summary activity into smaller activities, it does not make sense to only have one detailed activity under a summary one. If you do,… more »
Aug
05
Source: TenStep Tom Mochal
Do you need a technique to get your project budget back on track?
Implement "Zero Tolerance" Scope Change Management
This technique can be applied to help remedy a project that is either over deadline or over budget.… more »
Jul
09
Source: TenStep Tom Mochal
Many projects have one overall budget that includes all of the project labour costs, hardware/software costs, materials costs, etc. This is fine for smaller and medium-sized projects. However, as a project gets larger it he… more »