Wednesday, July 30, 2014

Estimating Costs and Allocating Resources




When researching Project Management solutions and resources, my first criteria in the search was to find something inexpensive (free would be best).  I wanted to find a template where I didn’t have to download software; something I could just incorporate into what I already have.  I found that in Bright Hub PM.  They offer a free download of an Excel spreadsheet and as they state, “…creating a project budget can be time-consuming”… using a template will help alleviate potentially overlooking tasks…”all you need to do is input the information” (Bowen, 2013). When all is said and done, you can save, print or email the completed budget.  The website also offers many free resources and tips.
 
The next resource I located was ProWorkFlow, which offers a 14-day free trial.  A few items offered in the software are: One place Projects for details, tasks and communication, FREE training and support, mobile apps, templates, reporting, file uploads and storage and resource management.  It also integrates with a variety of accounting software such as QuickBooks.  There is also a blog to follow for additional tips. The software is priced competitively, as low as $10 per month for an individual user (perfect for a freelancer or independent contractor).
 
Resource
Bowen, R. (2013, July 31). Use This Excel Project Budget Template to Simplify Your Next Project's Budget Creation Process. Brighthub Project Management. Retrieved July 30, 2014, from http://www.brighthubpm.com/templates-forms/75727-use-our-excel-project-budget-template-to-simplify-your-life/
 



2 comments:

  1. Hey M,
    Thank you for telling me about BrightHub. I have found that the most exasperating part of project management is forecasting and writing up schedules. I'm thinking that this could help me a great deal.
    Thanks,
    Kathy

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  2. Hi Mariah,
    As always a great post. I looked at the BrightHub too, I agree having templates you can input information and they will do the calculations and manipulations of the information is great, of course you have to know what information to put in what spot - I don't always know! :) I think I was trying to find something different for the assignment, but it makes sense now that I have read your blog post! I hadn't run across the other ProWorkFlow site. But then there are a vast number of them out there to pick from.
    Thanks, Pamela Smith

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