“Budgeting Tactics” offers a practical guide to mastering project finance and avoiding overspending, focusing on strategic budget planning, cost control, and risk mitigation. It highlights that many projects fail not due to technical issues but from poor financial planning.
The book emphasizes proactive and adaptive budgeting as a strategic imperative, where a well-managed budget becomes a vital tool for navigating uncertainty and ensuring project success.
The book presents various budgeting methodologies, such as activity-based and zero-based budgeting, and explores earned value management (EVM) for tracking project performance. Readers will learn advanced forecasting techniques, including scenario planning, to address uncertainties in project cost estimation.
Through real-world case studies and examples across industries, the book provides practical guidance on implementing these strategies. It progresses from fundamental budgeting concepts to advanced techniques, offering a structured approach suitable for both seasoned project managers and those new to project finance.
