This Guest paper was submitted for publication and is copyright to Daniela McVicker © 2019.
Published here November 2019

Introduction | Why is Project Budget Management Important? 
1. Implement The Right Time and Expense Tracking Technology | 2. Be Wary of Scope Creep
3. Have Clear Responsibilities | 4. Stay on Top of Communication
5. Change is Inevitable. Be Prepared for It | 6. Face Mistakes Head On | Final Thoughts

Final Thoughts - Budget Management Leads to Better Project Outcomes

There are several facets to project budget management. Keeping costs within your planned budget is an important part of this, but it isn't the only thing to consider. A good project manager understands that communications, managing scope, tracking time and resources, and catching mistakes early are also part of this process. By implementing the tips above, you can build your client's confidence in your ability to successfully execute a project while maintaining control of the budget you've been provided. This can make all the difference in your reputation, and whether or not your finished project is a success or not.

Armed with these tips, I wish you happy project budgeting.


6.  Face Mistakes Head On  6.  Face Mistakes Head On

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