Mountaintop Consulting
Successful Project
Management
Project Management Methodology
Project Cost and Budget Management
There are many ways for Project
Cost and Budget Management. We at Mountaintop Consulting
us as finance model and as a
guideline Earned Value
Management (EVMS
)
(ANSI-748-98), although the full implementation of EVMS can be
overhead intensive, therefore we have adapted the implementation to
minimise the overhead burden without loosing the rigor and benefit of strong financial planning and
monitoring required for a successful project
management
.
The
main components are:
-
Budget Planning
-
Cost Planning and Accrual
-
Variance Calculations
Every Project Manager needs to know the answers to 2 fundamental questions:
“How are you doing?” and
“How do you know?”
Mountaintop Consulting has implemented an EVMS Planning and Budgeting Process which provides the basis to answer those question and therefore, building objective measures into the project plan at the appropriate management level. The Project Manager can summarise the measures to show the Project Sponsor and the Project Team how the Project is performing in terms of cost, and schedule.
The Mountaintop Consulting Cost and Finance Model, using a a guide Earned Value Management is a key factor to
Successful Project Management