Tuesday, November 25, 2014

Some project budget resources. If you're feeling bored.

            This week in EDUC 6145, we are tasked with meditating on the sometimes difficult art of generating a project budget.  The beauty of the World Wide Web is that it connects individuals around the world with experts, individuals who have experience in a particular topic about which one is curious or needs more information.  The resources below seem to be worthwhile places to look for the project manager who many need some pointers in budget generation for projects.

TechRepulic:  "Creating Your Project Budget: Where to Begin?"  TechRepublic's website is a collection of various resources related to the world of information technology.  If one has a question somehow connected to IT, he or she is probably able to find an answer about it on this site.  As projects in IT are a reality, it would only make sense that there would be a "Project Budgets 101" style article on this site; there are a few of them, actually.  The one linked is the one I found to be the most helpful.  It is helpful because it spells out in clear terms all the important parts of a budget to consider (basics, project costs, risk assessments, etc.) and provides tips for how to incorporate each one piece in the budget.

Tuts+:  "6 Budget Planning Steps to Professional Project Estimates"  Sometimes I do well with accomplishing a task of I have a checklist that I can go through; this resource on planning professional project estimates from Tuts+ is more or less that.  One has to appreciate the amount an diversity of business and project related information on this site.  This article is just an example.  The information is laid out well and follows a logical pattern.  One of the most useful things about this article especially is the idea of being able to maintain higher budget numbers but simplify the presented information so that it does not overwhelm the client.

            I am not a professional at budget creation.  Who am I kidding?  I'm not even an amateur of the process.  Should I ever need help or information on doing it for a project, however, I will not hesitate to refer to either of the sources above.

1 comment:

  1. Hi,

    Thanks for calling out Tuts+ really enjoyed the very practical approach they took. I particularly liked the sections "What if Your Estimate is Too High?" and "Hourly Rates Versus Overall Charges". These were full of common sense approaches to common problems you might face when giving estimates.

    Thanks for finding such a great resource!

    Kevin

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