Archives for August 2018

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Project Cost Management 101

If you are in charge of a project, one of the most important elements you need to get right is the budget. Managing costs effectively is critical to the success of any project manager, but it is often a lot easier said than done. With that in mind, continue reading to discover more about project cost management…

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Monitor scope creep effectively

 

There is only one place to start, and this is with scope creep. After all, this is where most projects go wrong in terms of finances. If unplanned work starts to get bigger and bigger, it is only natural that spending will go down the same route. After all, the resources and the time needed to complete the project have expanded. You will, therefore, automatically manage project costs better if you manage scope better.

 

Consider training carefully

 

Training is an investment that is going to be required for a lot of projects, especially large ones. Skipping training may save costs, but it costs way more in the long run. At the same time, training isn’t going to be needed for everyone. Let’s say you have been awarded a huge educational project for a massive nationwide group of schools. An online masters of education may be required for someone in an integral position on an education project, yet basic training may only be needed for a fringe team member. Plus, it may be better to hire someone with the skills, or if the project does not start immediately, training may be better.

 

Regularly budget and forecast your use of resources

 

Checking your budget on a frequent basis is another way to prevent overruns from getting out of hand. After all, it is a lot easier to correct a 10 per cent overrun than a 60 per cent overrun, isn’t it? This is why regular budget reviews are a necessity. You also need to apply the same approach to your use of resources too. Make sure resources are being used optimally at all times.

 

Talk to your team

 

Finally, if you are going to stay on top of project costs, communicate with your team! You need to know what everyone is up to. Not only can you use this to manage your budget, but the efficiency of the project overall. Plus, you need to remember that communication is a two-way stream. You also need to keep all of your team informed as well.

 

Hopefully, you now have a better understanding regarding the four critical elements that can help you to have much better control over project costs and expenditure. If you follow the advice that has been presented to you above, you will have the platform to effectively manage expenditure and stay on track. After all, if there is one thing that will certainly impress all of your clients, it is delivering a project to them that is exactly what they want and on budget too.

Getting Into The World Of Trading

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If you are thinking of finding new ways to make your money stretch even further, then you are probably looking into a number of investments and so on, and probably trading too. Trading is a great way to potentially make a lot of money, and if you get it right you can find that it is hugely beneficial for your financial future. However it is not the kind of thing that you want to just barrel into and get on with without doing your research, so it is important to make sure you take it slow and approach it in the right way if possible. In this article, we are going to help you do hat by introducing you to some of the basic concerns you should be holding in mind when you start trading. As long as you take care of the following, there is no reason you shouldn’t be able to get into trading safely and make plenty of money doing it.

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Car, Cash & Cutting Back: Saving Money With Your Vehicle

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Let’s face it, our car is one of the biggest expenses in our lives, and it seems that no matter how many saving strategies we consider, the car is always going to come out as one of the most expensive costs in our day-to-day existence. But, when we are looking at saving money on this cash burner, are there any things we can do in our day-to-day lives that will help to cut back on unnecessary expenditure?

Your Insurance Costs

Firstly, you need to shop around. It is a lot easier now, especially with websites like www.cheapautoinsurance.co and if you shop around, you can get the best value for money. The next time you need to renew your car insurance, take the opportunity to get quotes from at least four insurance companies that have a good satisfaction rating, or have a low amount of complaints. In addition to this, there could be aspects of the insurance coverage that you don’t need. Collision coverage, for example, could save you up to 40%. [Read more…]

Here’s Why It’s A Good Idea to Go Back to College as an Adult

If you are an adult then you may feel as though you are now able to pursue the career of your dreams. You may have a couple of years working in the industry you want and you may even find that you have everything lined up for your own success as well. The main problem that a lot of people experience is that they don’t consider going back to college once they have finished, but there really are so many benefits to you doing this.

You Have Work Experience

There is a high chance by this point, you will have had at least one job in your life. This has given you so much more experience when compared to the last time you were at college and you may even find that you are now able to focus much more when compared. Of course, if you have never had a job before then going to college may be just what you need in order to get out there and get the career of your dreams.

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Investing In Your Personal Growth Needn’t Cost A Fortune

How many times do you let money (or your lack of it) hold you back? How many potentially important social events have you missed out on because you didn’t have two pennies to rub together? How often have you looked in the mirror and thought, “I don’t recognize myself anymore. If only I could afford to get in shape”? How many times have you felt like you were constantly banging your head against a glass ceiling in your career because your lack of higher education was holding you back?

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No matter what you do, where you live or how old you are, it’s never too early or too late to start investing in your personal growth. But if you feel that you’re finances are holding you back I’ve got news for you… There’s always a cheaper way. Curiously, we’ve come to equate monetary cost with value but that isn’t always the case. Here we’ll look at some ways in which you can transform your life without it costing an arm or a leg…

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Online vs Traditional College

In days gone by, the only choice that you would need to make involving college was where in the country (or world) you wanted to go to school. Nowadays, you also have to weigh up the choice whether you would like to study in a traditional learning environment or take an online course. Before you make a decision, you need to weigh up your options carefully so that you don’t end up making a choice which is all wrong for you. In this blog post, we are going to be discussing some of the most important factors which are all worth bearing in mind.

 

 

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Lifestyle

 

One of the biggest factors for people making this decision is weighing up what sort of lifestyle they will have. Some people want to have the traditional college experience, and if you are young and have fewer responsibilities, this can seem like a very appealing choice. However, if you already have other commitments revolving around family, work etc, the flexibility that an online course provides you may prove to be the deciding factor.


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3 Things You Need To Do Before You Become A College Student

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Going to college can be a daunting experience. You might be excited about this new opportunity, but you’re probably a little overwhelmed by the thought of it too. You’ll be independent, and it’s hard to know what to expect when you leave the nest to make it on your own. Obviously, you might still return home for the holidays (or to do some laundry), but this will be your first taste of being a “real” adult. So how should you prepare? Well, these are 3 things you need to do before you become a college student.

Learn to be financially responsible.

Perhaps you’ve had a part-time job in the past, but moving to college comes with more financial responsibility than most young people have had at any other point in their lives. You need to prepare yourself for this by making a budget. If you’ve lived with your family up until this point then you, most likely, didn’t have to consider costs such as rent, utilities, food, and other necessities. You need to account for all of these things when you move to college. Once you’ve calculated how much these things will cost (per week or per month), you’ll know how much disposable income you have for non-essentials. [Read more…]