A while ago, we talked about "Project Manager Health Lines", specifically financial health. We'll quickly go through client relationship. More and more, project managers are expected to be client facing, not relaying messages to the account team or upper management. We are expected to fully communicate the project needs with all stakeholders. These things include: … [Read more...]
Project Managers Health Lines-Pt 1
Project management has three main lines that we must keep healthy. Financial, client relationship and teams. Let's take a look at the first one. Financial Health. Let's quickly go through what's involved: Staffing Plans (Annual & Per Project as required) Out of Pocket Tracking Job Number & Time Reporting Process Agency Resourcing (Weekly Forecast & … [Read more...]
Understanding Progressive Billing
Some clients what you to bill them consistently throughout the contract term. For example, a client who signed a one year contact to do a direct mail campaign will ask the company to bill them every month. Good for them, can be bad for you, unless you track all of your costs. Depending on how sophisticated your company is, you may have a program that does the tracking for you, … [Read more...]