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Five Ways to Ensure the IT Project Budget is Balanced
Managing an IT project budget is one of the most critical responsibilities of a project manager. The IT Project Budget outlines how much...

Daniel Rivera, PMP
Jul 17, 20235 min read


Why is Being Under Budget Bad?
Introduction: The Budget Balancing Act When managing an IT or business project, most project managers fear one thing: going over budget....

Daniel Rivera, PMP
Nov 12, 20224 min read


How to Create a Project Charter
A Project Charter is one of the most critical documents in the project management lifecycle . It sets the tone for the project, defines...

Daniel Rivera, PMP
Jul 28, 20214 min read


How to Calculate Internal Rate of Return (IRR)
In project management, financial analysis is crucial when deciding which projects to undertake. One of the most widely used metrics is...

Daniel Rivera, PMP
Jul 9, 20213 min read


How to Calculate Net Present Value (NPV)
In project management, evaluating the financial viability of a project is crucial to ensuring that resources are allocated efficiently....

Daniel Rivera, PMP
Jul 8, 20213 min read


How to Estimate Internal Labor for IT Projects
Estimating internal labor for IT projects is one of the most critical aspects of project planning and cost management . Accurately...

Daniel Rivera, PMP
Jul 6, 20214 min read


How to Estimate External Labor on Your IT Project
External labor often makes up a large portion of IT project budgets . In fact, for many large-scale initiatives—like ERP implementations,...

Daniel Rivera, PMP
Jul 2, 20214 min read


How to Manage Budget Changes to IT Projects
Managing a project budget is one of the most critical responsibilities of an IT Project Manager. No matter how carefully you plan, there...

Daniel Rivera, PMP
Apr 12, 20214 min read


What is SPI and CPI for IT Projects?
In the world of IT project management, monitoring progress and managing project performance are essential for staying on time and within budget. Two powerful metrics that project managers often rely on are SPI (Schedule Performance Index) and CPI (Cost Performance Index). These key performance indicators are part of the Earned Value Management (EVM) system and play a crucial role in determining the health of a project at any given point.

Daniel Rivera, PMP
Apr 12, 20214 min read


What is the IT Project Capital Budget?
When it comes to IT project management, one of the most critical responsibilities for a project manager is ensuring that projects are...

Daniel Rivera, PMP
Apr 6, 20214 min read


How to Build an IT Project Operating Budget
Managing project finances is one of the most critical responsibilities for IT Project Managers. Every successful project requires a solid...

Daniel Rivera, PMP
Apr 6, 20214 min read


How to Create a Statement of Work (SOW) for IT Projects
Creating a well-structured Statement of Work (SOW) is one of the most critical steps in planning and managing IT projects. A properly...

Daniel Rivera, PMP
Apr 6, 20214 min read


How to Manage Internal Resource Allocations to IT Projects
My experience managing internal resource labor planning and how my lessons learned can help you manage your project finances.

Daniel Rivera, PMP
Jul 5, 20205 min read
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