2. 1. Introduction
2. Designing the organisation
3. Project life cycle
4. Project tools and techniques
5. Resourcing and budgeting
6. Implementation
7. Communication and culture
8. Variance and change
9. Risk management and uncertainty
10. Project outcomes
3. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
4. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
5. 1. Resources are the “inputs” to a business or
project.
2. The business turns resources into products
and services.
3. Profit = (revenue from outputs) less (cost of
inputs)
4. So resources must be managed efficiently.
5. Resources must also be managed
strategically for sustained competitive
advantage.
6. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
7. 1. By accounting principles
2. By availability
3. Nominal versus effective capacity
9. 1. People (human resources)
2. Money
3. Land and buildings
4. Materials
5. Equipment (tools)
6. Information
7. Others?
8. The classic view from economics: land,
labour, capital.
11. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
13. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Consuming the budget
10. Exercises
17. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
20. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
23. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
24. 1. Use a schedule
2. Quantify
3. Define milestones
4. Use the budget as a baseline
5. Assign groups to tasks in the budget
6. Indicate how overheads are costed
25. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
26. 1. Both private sector businesses and public
sector organisations need budgets. Are
their any differences in the ways the two
groups approach budgeting?
2. Suppose you decide to build a web site for
your small business. Develop a budget for
the development project.
27. 1. About this lecture
2. Why is this important?
3. Classification of resources
4. Resource allocation
5. The budget and the organisation
6. Preparing the budget
7. Managing the budget
8. Presenting the budget
9. Exercises
28. 1. Introduction
2. Designing the organisation
3. Project life cycle
4. Project tools and techniques
5. Resourcing and budgeting
6. Implementation
7. Communication and culture
8. Variance and change
9. Risk management and uncertainty
10. Project outcomes