budget

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10 Steps to Manage Your Budget When the Scope Changes

If your budget is the roadmap to completing the project, what happens when the destination changes? You assess where you are, and how you got there, then redo the budget to complete the journey. Managing resources is filled with surprises. Change orders in projects are the norm, not the exception, so the seasoned project manager...

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7 Tips to Create a Budget for Your Project

There’s a well-researched and unfortunate truth about IT projects: They have a tendency to run over budget. As technology projects grow and connect with more parts of an organization, there’s more at risk when costs run amok. Studies say that up to half of IT projects break their budgets, which can threaten the very existence...

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