Articles tagged as: "project budgeting"

Communicate budget variance: The path to strategic action [best practices from FP&A professionals]

Project budget variance reports are invaluable tools, but how to communicate budget variance and turn the information into strategic actions? Budget variance reports’ true worth lies in how the insights they provide are used across the organization. If such insights can’t influence strategic changes, variance reports are limited to control and accountability functions. To ensure […]

Making accurate estimates and avoiding project cost overruns: A success story with Rancho BioSciences

What sets apart a company that is competent in project management and one that does it exceptionally well? Well, there are lots of things, but knowing how to avoid cost overruns in project execution and accurately estimate project costs is certainly one path to take. Nobody wants to deal with miscalculated estimates or project cost […]