Let's talk money. Budgeting in the project management world is a complex process, involving many different parties and documentation. Learn how to create and manage a realworld project budget, and about the importance of procurement in project management. If you don’t know what that means yet, sit tight — you’ll understand that concept soon enough.
0:00 Introduction
0:24 The Importance of Budget Setting
6:13 Key Components of a Project Budget
11:03 Creating a Project Budget
17:43 Maintaining a Project Budget
22:37 Understanding Procurement
25:44 The Procurement Process
29:29 Common Procurement Documentation
33:36 Creating a Statement of Work
39:19 Obtaining Procurement Support
42:37 Ethics in the Procurement Process
47:27 Wrapup
This video is part of the Google Project Management Certificate, which introduces learners to project management fundamentals including various approaches, tools and templates, goalsetting, risk management, team dynamics, and datadriven decision making.
The program, created by Google employees in the field, is designed to provide you with jobready skills in about 6 months to start or advance your career in Project Management.
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