Exploring the art and science of effective project management. From planning and reporting to execution, control, and financials, these articles dive deep into strategies, tools, and insights to help you optimize projects and financials in your team and organization.
To deliver a product or service within a specified time and budget you have to juggle a variety of activities, responsibilities, and stakeholders. Estimating the project’s cost and keeping tabs on actual spending are two crucial aspects for project managers. Budget to actual variance analysis is the comparison of the budgeted and the actual cost […]
Understanding the true cost of employees is crucial for any business looking to manage resources effectively. That’s why we’ve created this free spreadsheet download and video tutorial with detailed instructions and formulas to easily calculate employee cost at your company, as well as to forecast new hires. It’s more than just base salaries; it encapsulates […]
Financial forecasting is the process of making estimates about the future performance of a business or organization. These estimates are based on past performance, current conditions, and trends. Financial forecast reliability is essential for businesses of all sizes. This allows them to make informed decisions about investments, operations, and strategies. What factors affect financial forecast […]
Are you exploring the intriguing world of python for finance? Whether you aspire to work in the financial industry, or wish to advance your existing career, mastering Python is a key step forward. In today’s fast-paced financial arena, Python programming is a crucial skill that top institutions seek in their professionals. Dive into this article […]
Is your organization stuck in spreadsheet chaos because your teams use unnecessarily complicated planning, budgeting, and forecasting tools? For example, when it comes to business budgeting, planning, and forecasting, many top-tier companies still rely on “the good old” Excel or some similar specialized planning tools like SAP BPC, Hyperion, or Workday Adaptive. Nevertheless, do you […]
Trois choses ont fait de l’informatique décisionnelle (Business Intelligence ou encore BI en anglais) l’un des sujets les plus populaires du moment : des données, des données, et encore des données ! Il n’y a pas si longtemps, les décisions les plus importantes d’une entreprise étaient définies par l’expérience et l’intuition. Aujourd’hui, cependant, une gestion […]
If you bill clients based on the time you spend, here’s a pop quiz: which projects make the most money? Or even more importantly: which projects aren’t profitable? If you don’t know the answer to these questions, it’s time to start thinking about project profitability, a measurement of revenue billed versus time and cost expended. […]
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