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Managing the Project Budget

Project Skills

Managing the Project Budget
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ISBN: 978-87-403-1276-8
1 edition
Pages : 63
  • Price: 75.50 kr
  • Price: €8.99
  • Price: £8.99
  • Price: ₹150
  • Price: $8.99
  • Price: 75.50 kr
  • Price: 75.50 kr

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About the book

  1. Description
  2. Content
  3. About the Author


This eBook describes the process of managing the project budget and its associated costs. The first task is to set the budget based on cost estimates and the second is to manage the costs so that they remain within the budget that has been set. Managing a project budget can be both specialized and complex and the aim of this eBook is to give you a general understanding of what is involved so that you know what should be done, even if you don’t have the skills needed to actually do it.

You will learn:

  • How to approximate the monetary cost of a project.
  • How a project budget is arrived at based on these figures.
  • How the spend is monitored and changes to the cost baseline are managed.
  • How Earned Value Management (EVM) is used in projects.
  • The importance of managing cash flow throughout the project.
  • Why a structured approach to buying in products and services is essential.
  • How to apply standards and procedures to improve your effectiveness.
  • The benefit of treating procurement management as a distinct knowledge area.


  • Introduction
  • Managing Project Costs
  • Estimating Project Costs
  • Calculating the Total Project Budget
  • Monitoring & Controlling Project Expenditure
  • Buying-in Goods & Services
  • Managing Project Suppliers
  • Planning Contract Management
  • Understanding Different Contract Options
  • Managing Supplier Relationships
  • Summary
  • Other Free Resources
  • References

About the Author

Paul Newton has worked in IT and Project management for over 30 years and has also developed several internet based enterprises. He was a co-founder and director of ITT Ltd where he was responsible for the development and marketing of software-based management training tools. Clients included Microsoft, IBM, Pfizer, Sun Microsystems, UK National Health, Ministry of Defence, Barclays and many other internationally known organisations.

Prior to that, he worked as an IT consultant specialising in developing IBM mainframe software for many of the company's clients including: Rockwell, Severn Trent Water, SWEB, SWALEC, and Eagle Star Insurance.

He also owns, a leading provider of practice aptitude tests. This website helps over a million people per year to pass job selection tests including: numerical, verbal, abstract, spatial and mechanical reasoning tests. It has 16 free practice tests available to download - visit

You can contact him at, or via his personal blog

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