Resources for Budget Forecasting

Hello Fellow ID Project Managers,

One of the most important parts of project management is knowing how to accurately forecast budgets, resources, and time. I have decided to share two resources that I have found quite helpful.

 

http://www.techrepublic.com/article/estimate-project-costs-after-you-have-estimated-effort-and-duration/6080089

The tech republic provides a breakdown describing different costs that impact a projects budget. If you need assistance assessing what may constitute as an external or internal cost, labor or non labor cost, feel free to read this website to gain more insight.

 

 

Next , I suggest a working template. This template provides workbooks and guidelines to help make decisions when forcasting your project’s budget.

www.exinfm.com/excel%20files/Estimating_Template.xls

 

 

As you complete your journey in forecasting budgets for your projects, I hope you find these resources helpful!!!

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