This course equips new managers with the skills to create and manage a project budget effectively.
As a manager, at some point you’ll almost certainly be responsible for overseeing a project.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one.
A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
In this course, we’ll look at how to create and manage an effective project budget.
By mastering these skills, you’ll be able to monitor projects efficiently and learn from each project you complete.
If it’s a project for an external client, you’ll need to create a project budget, so you know how much to charge the client, and whether the project is profitable.
If you’re running an internal project, a budget may not be required, but it might still be useful to create one. A budget helps you to estimate the cost of your project, and how long it will take. It also provides a baseline from which you can measure progress.
On this course, we’ll look at how to create and manage an effective project budget.
Becoming a Manager: Your First Project Budget
Transition to Management£14.99
- Break down your project into tasks
- Allocate tasks and estimate hours required
- Collect and compare timesheets to estimates
- Adjust your budget based on new information
- Analyse your budget to evaluate project success
| Language |
|---|
Details
| Style | Interactive |
|---|---|
| Seat Time | 6 minutes |
| Languages | American English |
| Key Features | Animated Video, Post-Assessment, Supplemental Resources |
| Skills | Knowledge of Finance, Project Management, Budgeting Skills |




