By On Sep 11, 2019 Templates
Every project manager and team member knows there are a slew of forms used throughout the life cycle of a project-that is, if the project is managed right. From the beginning scope statement to the final closing documents, forms are a big part of effective project management. They act as a method to keep everyone involved, literally, on the same page. At BrightHub, our project management writers have been working diligently to provide you, our readers, with standard form templates that you can download and customize to your own individual projects. One of our most popular articles is Eric Stallsworths How to Write a Scope Statement. Beyond giving the reader a link to a downloadable free scope statement project management form, Eric talks in detail about the importance of an effective scope statement, the sections of a scope statement and gives you some great hints for minimizing scope creep. Writer Natasha Baker continues the theme of getting a project charter with her Project Charter Example for Every Project Manager article. Like Eric, Natasha offers up a link to a related, free project management template that you can download for your own personal use. Once you have a defined scope statement and or project charter, agreed upon by project stakeholders and team members, alike, you are ready to begin building your WBS. And, while that often seems like a simple task on the surface, building a successful work breakdown structure is an art form. Ann Gordon has penned a great three-part series aptly titled, What is a Work Breakdown Structure?. Throughout this article, Ann offers of a plethora of examples and how-to tips for building your own WBS. After you have built your WBS, what do you do with it? The answer for many project managers often points to tracking your WBS using a Gantt Chart. Toward that end, we have a couple of targeted articles. In Michele McDonoughs article, How to Make a Gantt Chart in Excel, the author details the steps involved in creating a Gantt Chart using Microsoft Excel.
First and foremost, LLCs limit personal vulnerability to potential lawsuits related to the property. Consider the situation in which the owner of an investment property leases it to a tenant who decides to throw a big party, during which one of the tenants guests falls over a balcony. In todays legal climate, it is quite possible that the injured guest would pursue a claim based on the unsafe condition of the rental dwelling. More often than not, the owner would be named in any lawsuit resulting from the incident. If that rental property were owned by a real estate investor individually, he or she would be named in the lawsuit and would have to defend his or her personal assets from the plaintiffs claims. In contrast, if that property were owned by an LLC, the owners risk exposure would be insulated by the protection of the company, leaving only the assets owned by the LLC (as opposed to all of the owners personal assets) exposed to potential lawsuits.
Whilst we have provided you with templates in Word and Excel below, the accounting system you use should do all of this automatically for you. Gone are the days when you need to use spreadsheets or type invoices out in Word. Most contractors will choose an accounting firm who specialises in the contracting industry-see our 10 tips for choosing an accountant. Your chosen accountant will be able to guide you through our 10 easy steps to setting up your company and getting started. One of these steps will be to set up your accounts online using one of the popular cloud based systems like FreeAgent or Xero. If you are just starting out and have not yet chosen your accountant them please consider our chosen accounting partner who we recommend for providing specialist accounting services for contractors and small business.
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