Managing Project Budgets

By: Bob McGannon

Duration: 1h 11m

Released: Apr 28, 2014

Description:

In this course, designed for project management professionals and other leads who need to get a handle on their costs, author and PMP® Bob McGannon shows you how to build a solid budget around a work breakdown structure, work with costing standards, and examine capital versus operating costs. The course then teaches how to build, manage, and monitor the budget and shares tips from the trenches of real projects. Plus, get practical advice on recovering from overruns and dealing with scope changes.

Topics include:

• Discovering costing standards
• Examining capital and operating costs
• Assigning costs to resources
• Communicating your budget
• Recovering a bloated budget
• Addressing budgeting issues

Author:

Bob McGannon is vice-president of Mindavation in the United States and director of Mindavation Pty Ltd in Australia. Both of these consultancy organizations focus on increasing business capabilities in the portfolio, program, and project management space by providing delivery consultants, workshops, and coaching.
Bob specializes in strategic program and portfolio management and has helped set up project management offices on three different continents. He has 25 years of IT, project management, and project analysis experience, 18 of those years with the IBM Corporation. His management experience includes technology outsourcing, IT delivery measurement and quality, business analysis, and general project management. Bob has worked internationally while playing a major role in the development of international trade applications in use in the United States and Europe, and recently worked in Australia on a consulting engagement with Medicare in Canberra. He has managed project teams as large as 460 individuals, once serving as the IT delivery manager for IBM, supporting American Express.
Bob is certified as a Project Management Professional by the Project Management Institute, an Executive Project Manager with IBM, and a Certified Project Management Coach for the Boeing Corporation. He also holds a practitioner certificate in the PRINCE2 project management methodology and has written papers and articles that have been published internationally.

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