Description
Becoming a Manager: Your First Project Budget equips new managers with the skills to create and manage a project budget effectively.
As a manager, at some point you’ll almost certainly be responsible for overseeing a project.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one.
A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
In this course, we’ll look at how to create and manage an effective project budget.
By mastering these skills, you’ll be able to monitor projects efficiently and learn from each project you complete.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one. A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
On this course, we’ll look at how to create and manage an effective project budget.
What you'll learn
Break down your project into tasks
Allocate tasks and estimate hours required
Collect and compare timesheets to estimates
Adjust your budget based on new information
Analyse your budget to evaluate project success.
As a manager, at some point you’ll almost certainly be responsible for overseeing a project.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one.
A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
In this course, we’ll look at how to create and manage an effective project budget.
By mastering these skills, you’ll be able to monitor projects efficiently and learn from each project you complete.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one. A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
On this course, we’ll look at how to create and manage an effective project budget.