Project management for manufacturing

At Technology Evaluation Centers, they look at how project management can help manufacturers with the projects they are working on. Through adopting project management with the current recession, manufacturers can monitor product families and their cost accumulations as well as the shifts in costs over time. Read the full article here.

Project managers and tightening budgets

Projects@Work looks at how you as a project manager can start finding ways to monitor your current spending for your projects. First, you should be able to define these three key numbers: budget to date, actual to date, and estimate to complete. You should also be tracking your spending. If you're not, take a trip to the finance department and set up a quick spreadsheet so you can begin.

Other ways to begin stretching your budget: Review estimates, Get number savvy, Share costs with other projects, Cut back on travel, Review who does what, Manage risk better, Negotiate a contingency fund, Share the numbers, and Do less. For more information, read the article at Projects @ Work.