How to Create a Project Budget | Google Project Management Certificate

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 real-world 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 Wrap-up This video is part of the Google Project Management Certificate, which introduces learners to project management fundamentals including various approaches, tools and templates, goal-setting, risk management, team dynamics, and data-driven decision making. The program, created by Google employees in the field, is designed to provide you with job-ready skills in about 6 months to start or advance your career in Project Management. Take the Certificate HERE: https://goo.gle/3R3IpIH Subscribe HERE: https://bit.ly/SubscribeGCC #GrowWithGoogle #GoogleCareerCertificate #ProjectManagement Why earn a Google Career Certificate? ► No experience necessary: Learn job-ready skills, with no college degree required. ► Learn at your own pace: Complete the 100% online courses on your own terms. ► Stand out to employers: Make your resume competitive with a credential from Google. ► A path to in-demand jobs: Connect with top employers who are currently hiring.