Management Bug: Unrealistic Project Budget

Description

This week’s “Unrealistic Project Budget” is usually mentioned as one of the top problems on project management.
By definition, every project needs a budget before it can even be taken up for development. The planning stage is where the budget is set for the duration of the work. If the budget falls short midway through the project, it is a recipe for failure. This means risks were not taken into account for the work and consultations were not held with the right people.

Known Associates

Call to action

What about you? What do you want more or less of on this newsletter?
Do you have other suggestions?
Share your thoughts on email to newsletter@humanmngt.com!

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Eduardo Espinheira

Eduardo Espinheira

Eduardo Espinheira is a Consultant, Facilitator, Manager, Public Speaker, Creator of the Management Bugs&Fixes and the Machiavellian PM Stories