Project Budgets & Expenditure	First published Nov 04
Neville Turbit - Project Perfect	Rating

Overview

Hands up all those Project Managers who have spent hours trying to reconcile their project expenditure with the corporate General Ledger? In almost every project, the GL is an impediment to project management rather than an aid.

Key Points:

• Why the Corporate GL is an Impediment

• Project Financial Period

• Level of Granularity

• Currency of the Data

• Business Resources

• A Project Accounting System

• Example - Project Chart of Accounts

• Accrued v Actual Project Expenditure

• Linking Timesheets to the Project Financial System

• Project Cash Flow

• Reconciliation of Project Expenditure

• Sample Project Chart of Accounts

• Level of Detail for Project Expenditure

• Summary

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