In project
management one of the hardest things is doing the budget and making sure that
everything is allocated for. Developing project budgets is typically more
difficult than developing regular departmental budgeting which usually follow
the formula “the same as last year plus X percent” (Portny, Mantel, Meredith,
Shafer, and Sutton, 2008) . For this week’s blog assignment I had to find two
blogs that provided budgeting or estimating cost for a project.
The first blog resource
that I found was called Constructing Cost Estimating Blog. The blog goes into
detail about the construction of Schedule Templates for Excel which is for
residential, commercial, and generic construction projects. The excel template
is used for a 5-day schedules but it also can be reused on an ongoing basis as
required. It keeps track of the construction process which enables the
homeowners, builders, designers and constructions managers to plan and manage construction
jobs in a much more effective way. Using the excel template will allow the
project manager to save money and also satisfy the clients requirements in the
least time possible. Having an excel template that will allow the project
manager to have a weekly report of the money that is begin used for that week.
It will only help the project manager to see where the money is going and also
be transparent with the client of where the money is and can also help the
client to make better decision on what is important and is not. projectestimating.blogspot.com
The
second blog resource that I found was called True Planning to Pro-Pricer Data
Walkthrough. This blog provides how data can flow between TruePlanning and
ProPrice. ProPricer is a estimating software application that will provide any
user with the ability to track data for the labor requirement estimated in TruePlanning and transferred over into ProPricer in an easy way. This application
will allow the project manager to see the data in a much easier way. By using
ProPricer it allows you to transfer data from one application to another which is
a great advantage when seening how the budget will affect the overall scope of
the project. This information can be shared with the client in an easier way by
showing them all of the data and how it is broken down in both applications which
will help the client to make better sound decisions and not ones off of impulse.
http://www.pricesystems.com/Blog/TabId/458/PostId/290/trueplanning-to-propricer-data-walkthrough-1.aspx
Overall,
budget is very difficult to plan and manage because there are many things that
can happened during a project especially when the president or client is very demanding
can have an effect on how the money is spent because; of the added pressure
from the top down. Making sure that the project stays on schedule depends on
the budget and the flexibility that is allowed in the project.
projectestimating.blogspot.com
http://www.pricesystems.com/Blog/TabId/458/PostId/290/trueplanning-to-propricer-data-