PMO Tips #16: What is Management Reserve in Project Management?
A quick guide to explain what is Management Reserve in Project Management. The 8 best times to use the reserve and 4 effective management reserve practices.
Category
Financial Management
How to Reduce Headcount in Your PMO Following Budget Cuts
A guide to help when you have to reduce the headcount in your Project Management Office (PMO).
What to Do When Your Project Management Office Budget is Cut
A guide to the action you can take when your Project Management Office (PMO) budget is cut.
How to Cope When Project Budgets Are Slashed in Your PMO
A guide to the action you can take to cope with Project Budgets being slashed in your Project Management Office (PMO).
How to Deal with Project Management Office Budget Cuts
A guide to how to deal with budget cuts in your Project Management Office (PMO).
Cost Risk in project management (and how to manage it)
A guide to Cost Risk in project management and how a Project Management Office (PMO) can help manage it!
Overview: Securing continued project funding
This post is going to cover the important topic of continued project funding. While a lot of effort goes into preparing the original business case and securing the original budget,
PMO Tip – make sure your numbers add up in your project management reports
This may sound like a strange statement, “make sure your numbers add up in your management report”. However, the fastest way that a PMO can lose credibility, is by publishing
Example of simple PMO cost trend analysis tool
The last post, How a PMO can use cost trend analysis to identify project budget under and overruns, it covered how using cost trend analysis can help a PMO quickly
How a PMO can use cost trend analysis to identify budget under and overruns
One of the responsibilities of project manager is to manage the project budget. This covers, estimating the initial budget (in most cases or at least reviewing), creating a monthly budget