An Introduction to It Project Financials - Budgeting, Cost Management and Chargebacks. PDF Download
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Author: Michael Gentle
Publisher: Lulu.com
ISBN: 1445764059
Category : Computers
Languages : en
Pages : 137
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Book Description
SHOW ME THE MONEY! You can assemble the best project teams and meet all of your milestones and deliverables, but at the end of the day, your projects live or die by their financials. And that means getting a handle on everything from investment planning and budgeting to cost management and chargebacks. The good news is that you don't have to a bean-counter to understand this, for only 20% of IT project financials is accounting - the rest is all process. In a clear and engaging style, Michael Gentle lifts the veil off things like portfolio management, capex and opex, depreciation, cost management and forecasting. You'll then understand why time entry is not going away anytime soon (sorry, folks!), and why chargebacks are so hard to implement. Michael Gentle has over 25 years of experience in IT departments and software vendors in Europe, North America and Asia-Pacific. He is also the author of IT Success! and The CRM Project Management Handbook.
Author: Michael Gentle
Publisher: Lulu.com
ISBN: 1445764059
Category : Computers
Languages : en
Pages : 137
Get Book Here
Book Description
SHOW ME THE MONEY! You can assemble the best project teams and meet all of your milestones and deliverables, but at the end of the day, your projects live or die by their financials. And that means getting a handle on everything from investment planning and budgeting to cost management and chargebacks. The good news is that you don't have to a bean-counter to understand this, for only 20% of IT project financials is accounting - the rest is all process. In a clear and engaging style, Michael Gentle lifts the veil off things like portfolio management, capex and opex, depreciation, cost management and forecasting. You'll then understand why time entry is not going away anytime soon (sorry, folks!), and why chargebacks are so hard to implement. Michael Gentle has over 25 years of experience in IT departments and software vendors in Europe, North America and Asia-Pacific. He is also the author of IT Success! and The CRM Project Management Handbook.
Author: Michael Gentle
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: Kevin R. Callahan
Publisher: John Wiley & Sons
ISBN: 1118078225
Category : Business & Economics
Languages : en
Pages : 224
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Book Description
PROJECT MANAGEMENT ACCOUNTING Budgeting, Tracking, and Reporting Costs and Profitability SECOND EDITION Over the past few decades, Project Management has shifted from its roots in construction and defense into mainstream American business. However, many project managers' areas of expertise lie outside the perimeters of business, and most do not have the formal education in business, accounting, or finance required to take their skills to the next level. In order to succeed, today's project managers (PMs) who wish to soar to the top or remain at the helm of their profession need to have a comprehensive grasp of the business context within which they work. Providing a resourceful introduction to the interrelationships between finance, accounting, and Project Management, Project Management Accounting, Second Edition is designed to help PMs at various skill levels improve their business skills, provide advanced contributions to their organizations, and perform with greater proficiency. Authors and industry experts Kevin Callahan, Gary Stetz, and Lynne Brooks combine their decades of Project Management experience and insights to provide professionals in the field with a 360-degree understanding of how costs interact with the general ledger. Through the authors' seasoned expertise, PMs are better equipped to assess all facets of a project with a broader understanding of the "big picture" to determine whether to continue as planned, find an alternative solution, or scrap the project altogether. Rich with new content as well as many new case studies, this Second Edition of Project Management Accounting includes: Updated information on Project Management and its link to Project Accounting A new chapter on assessing risk when managing projects How to determine the greatest tax/cost savings Project Management in relation to a company's mission, objectives, and strategy Project Management in an agile business Coverage of agile Project Management as applied to software and technical projects New, updated, and timely case studies Sample checklists to help readers get started and apply concepts to their business Project managers must make vital decisions every day that impact the schedule, costs, or resources committed to a given project. Project Management Accounting, Second Edition, provides the tools and skills to help PMs establish with greater certainty whether these costs should be capitalized or expensed to stay on budget and improve a company's bottom line.
Author: Kevin R. Callahan
Publisher: John Wiley & Sons
ISBN: 0470952342
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
Over the past few decades, Project Management has shifted from its roots in construction and defense into mainstream American business. However, many project managers' areas of expertise lie outside the perimeters of business, and most do not have the formal education in business, accounting, or finance required to take their skills to the next level. In order to succeed, today's project managers (PMs) who wish to soar to the top or remain at the helm of their profession need to have a comprehensive grasp of the business context within which they work. Providing a resourceful introduction to the interrelationships between finance, accounting, and Project Management, Project Management Accounting, Second Edition is designed to help PMs at various skill levels improve their business skills, provide advanced contributions to their organizations, and perform with greater proficiency. Authors and industry experts Kevin Callahan, Gary Stetz, and Lynne Brooks combine their decades of Project Management experience and insights to provide professionals in the field with a 360-degree understanding of how costs interact with the general ledger. Through the authors' seasoned expertise, PMs are better equipped to assess all facets of a project with a broader understanding of the "big picture" to determine whether to continue as planned, find an alternative solution, or scrap the project altogether. Rich with new content as well as many new case studies, this Second Edition of Project Management Accounting includes: Updated information on Project Management and its link to Project Accounting A new chapter on assessing risk when managing projects How to determine the greatest tax/cost savings Project Management in relation to a company's mission, objectives, and strategy Project Management in an agile business Coverage of agile Project Management as applied to software and technical projects New, updated, and timely case studies Sample checklists to help readers get started and apply concepts to their business Project managers must make vital decisions every day that impact the schedule, costs, or resources committed to a given project. Project Management Accounting, Second Edition, provides the tools and skills to help PMs establish with greater certainty whether these costs should be capitalized or expensed to stay on budget and improve a company's bottom line.
Author: Maxime Sottini
Publisher: Van Haren
ISBN: 9087537654
Category : Architecture
Languages : en
Pages : 245
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Book Description
It is now accepted that IT functions are a fundamental part of the competitive business model. Instead of simply offering services IT must 'create value' for the business. This practical title describes the strong financial skills that IT managers must have in order to support: Operations: Finance departments rely heavily on IT managers being able to identify, track and measure costs sometimes at a very granular level Budgeting: the very technical nature of IT operations means that budgeting can be more complex than many other areas Project Delivery: large technical project deliveries means that costs can be correspondingly complex to account for Business Modeling; pricing models rely heavily on IT managers skills and accuracy. Where one service supports many commercial offerings a strong model is needed to apportion costs appropriately Investment and business cases: a sound understanding of the financial contribution the IT assets make to the overall business is critical to gain support for ongoing investment This outstanding title covers the main financial concepts that managers need to be familiar with in order for IT to take its proper senior place as a contributor to the business. It assumes a basic level of financial understanding and builds on the techniques required almost daily; therefore it is overwhelmingly practical and based on real world scenarios. Not only are the techniques fully described but issues such as roles, implementation, daily management and even tooling are detailed.
Author: J. Davidson Frame
Publisher:
ISBN: 9780972672948
Category : Budget in business
Languages : en
Pages : 96
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Book Description
Topics include Project prioritization with benefit cost analysis and capital budgeting; cost estimation, using top-down and bottom-up techniques; cost control, including earned value management; the real option approach to making project selection decisions.
Author: Terence A. Quinlan
Publisher: It Financial Management Association
ISBN: 9780972938204
Category : Cost accounting
Languages : en
Pages : 368
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Book Description
Author: Jae K. Shim
Publisher: John Wiley & Sons
ISBN: 0470454350
Category : Business & Economics
Languages : en
Pages : 450
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Book Description
If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 60
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Book Description
The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Author: Robert Simons
Publisher: Harvard Business Press
ISBN: 142216067X
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Based on a ten-year examination of control systems in over 50 U.S. businesses, this book broadens the definition of control and establishes a critical bridge between the disciplines of strategy and accounting and control. In addition to the more traditional diagnostic control systems, Simons identifies three new control systems that allow strategic change: belief systems that communicate core values and provide inspiration and direction, boundary systems that frame the strategic domain and define the limits of freedom, and interactive systems that provide flexibility in adapting to competitive environments and encourage organizational learning. These four control systems, according to Simons, will provide managers with the basic levers for pursuing strategic objectives.
