Project Budget Example: How to Create an Accurate Project Budget for Junior Project Managers

I got directed here as part of your IT Project Managers Course. If anyone is thinking about doing the course I can highly recommend it. The lessons are clear and easy to understand. Then there is usually more links in each lesson to do a deep dive. So much extra material and resources, templates etc. I would love to have seen Dmytro's Project Plan for building the course. Must have been huge! (I am not being paid to promote this, just trying to help anyone else who was in the same situation in trying to decide on doing the course or not.)

Project scope is a bigger challenge for me

As a residential GC, I always use the same crew. I am able to pin point when my men will show up and take care of the day/weeks tasks in order to keep a proper flow of the job. When doing bigger jobs that require different subs, how do I budget for subs that are typical? Subs that just don’t show up and don’t call in.
Thank you,

This is incredible. Thank you

Hi. Could you please explain how to manage budget in scrum sprints project?

you are one of the smartest ! Please do more.

Thank you for sharing this information. i learn so many thing from this video as i am studying project management now so this information will help me to how to calculate budget for any project i know that is not accurate but as i got an idea what things i need to keep in mind so thank you.

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Great, practical advice that easy to digest. Thanks!

Nice work and presentation, Dmitry

Great advice but how about never even visiting the property in the first place? Get the client to send in a video of the area by Whatsapp and then using this terrific formula to build the estimate - and make it into a template so you don't have to do it again. It gets rid of a lot of tyre kickers and sets expectations for when you do go to seal the deal - and it saves an awful lot of time and money. Its super simple to use and it's free. You will find it if you are interested enough so I won't leave a link.

How much % contingency or risk coverage to be kept in Budgeting

Finding accurate scope may be a challenge

How do you calculate budget

thank you!! it helps me a lot <3

Nice

Thanks

What kind of budget should we show to the client? Can we show WBS to the client?

How can we budget the internal team? If all my activities are worked on by internal software team are you saying check with the SME for an estimate ?

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Really explained well, keep uploading more videos

Great video. Your sleeves are too long bro, get your suit taken up by a tailor

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