• Question: Do you have a good method in which to Use money for projects efficiently?

    Asked by 776spch29 to Dominic, James, Jenny, Kevin, Norah on 10 Mar 2017.
    • Photo: James Harpur

      James Harpur answered on 10 Mar 2017:

      That would apply to you?
      A simple tip, when you’re doing your budget and working out a way to get as much as you can for your money, give a margin. Be it 10% or 20%. Projects go over a lot of the time if not all the time, even a secondary school project.

    • Photo: Jenny Hanafin

      Jenny Hanafin answered on 13 Mar 2017:

      Great question! Experience in managing projects helps to understand where the best use of the money is, and it usually depends on how mature the project is. Like there is no point in putting money into marketing something if you haven’t tested it yet. I always make out a work plan, see what has to be done and then try to figure out how much each bit will cost. There is always some compromise or negotiation before the final plan is decided on.

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