Budgeting

This is an important end-of-project category. Dirst of all, take a look at the variances that occurred during the project to see if you can match them to a reason for their occurrence. Spotting the reason could potentially help you avoid the same thing next time.

Also, you should evaluate the project budget compared to the way that the corporate budget outlined your budget categories. You do this to make sure that you effectively used the money the way that the company intended you to. Chances are you "robbed from Peter to pay Paul" in certain cases, and this is acceptable, but you need to reconcile that with the company' s budget.

Prepare reports that represent what was spent, on what, and where your closing budget stands. You should also show the amount of hours spent on the project, compared to the salaries of the individuals working on various tasks.

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