Browse Author: Grace

Successful Budgeting Tips for Understanding the Financial Big Picture

Successful budgeting

Most managers can agree: you can’t improve what you don’t measure, particularly when it comes to your company’s finances. While budgets might not be the most glamorous topic, they are often the hidden hero behind a company’s greatest successes. Budgets play a critical role in helping managers make smart decisions about spending and allocating resources, and they serve as a way to set targets and measure performance.

Continue Reading

A Short Guide to Project Management Procurement

Project management procurement
Source

Most larger organizations have a procurement team that handles general purchasing duties. If you’re a project manager, your role may involve working closely with procurement—though often, procurement project management is a collaborative effort involving multiple team members. The PM might work with procurement, the project team, engineers, and others to come up with a plan, find vendors, and control procurements.

Continue Reading