@@pitolinmotion I just looked up how much Etsy sellers have made over the course of having their stores selling project management templates and the person has best seller check with 52000 sales& it scrams money, money, money😅.You need to jump on it and kill it for us we believe in you!❤ I don't know but I am excited for you😊😊😅❤❤❤.
Thank you so much for all your efforts. Your tutorials are a hit, I can't tell you how much I learned from you, you made every single aspect of project management simple and clear. Your strength lies in your simplicity, you really stand out amongst the crowd on You Tube.
May God bless you and do bring more content. You always simplify things and easy for us, newbies, to relate to. There is a lot I understand now from you explanations. I read books and watched vedios to understand things like bussines case and project chatter, but no joy. Till I bumped into your channel. I can't move anway. Thanks a million.
thanks so much ire, i found this very helpful. im currently making a career shift into project management and after each of your training video, i feel like im ready to thrive in the project management industry
Dear Ire, thank you so so much for this video. This is great ! I would only like to ask you two things regarding this video and they are: What does FY (Current FY forecast) and 3PY (Supplier/3PY) stand for ? One more time, really great job and I must say you are natural when explaining. Best of luck in future work :) Chears
Thank you! However I’ve been trying to produce a replica of the Project Budget template on Excel both for the Resource and NRS and it’s been kinda difficult trying to format the sheet, how do I go about this 🙏🏻
Your videos are great and you are super clear! I'm using them as an integration to an actual PM course that I'm taking, and you are helping me a lot with the assignments, thanks! :)
This is so helpful to me. I’m starting my new role as PM in Jan, having never “formerly” done it before so these are so so useful for me as real practical guides to help me set myself up! Quick question, how do your teams record actual time spent? Do they submit timesheets? Would recommend using something like clockify?
Hey! Love that and youve got this! So yes, all the organisations I’ve used have used timesheets . The organisation chooses the platform for the timesheets so I can’t recommend here (in my experience)
Hi, we are basically in the same situation where I have never "formally" done these before. I am preparing for an interview and fear these direct questions. Any advise as to how I can coin a response these direct questions such as preparation of schedule and budget etc?
I’d just research and have a very good theoretical knowledge of how things are done. Then mix that in with confidence that you’d be able to do it, even though you haven’t yet before
This made a whole lot of sense. Would you be doing anything on Risks in managing Projects anytime soon, it will be great to learn this from your wealth of experience? You do know how to break down PM in simple ways. Keep them coming please. Thanks for sharing
Thank you 🤗 yeah I will be doing a break down on RAID in part 3… I donno about sometime soon 😅 as I’m super busy right now. And it takes time to prep. But hopefully I’ll have it out in a month or so
Hi Ire, Thanks for your awesome work, I agree completely with everyone, Your simplicity makes it looks so easy to understands. Can I use this at a team delivery level?
Hey Ire! Thanks for sharing your knowledge. Could you please also advise on how costs are build? Based on what factors you decide what's gonna be the cost per role. It's clear that role depends on skills of engineer, but it's very interesting how you cone up with price. Looking forward to hear from you, thanks in advsnce!
Hey and no worries! I’m actually working on a course that goes in to more detail about actually day to day project management and practically how to do things. So I won’t be putting out a video on the above. As it will be covered in that course. Make sure you look out for it🎉
Madam that’s funny. Please don’t be blown away when you hear 8million - that was just the figure when I looked at my spreadsheet. The project is in Nigeria so that is 8 million Naira which in the U.K. is around £15,000. £8,000,000 by Gods grace it is possible 😀
Thanks, generally you’ll need to ask the technical resource how long it would take to get tasks done then estimate. The more knowledge you have about the task the easier the estimation process will be
This is very helpful for me as I start my forma project management journey. Question. For the entire baseline, do you add the resource tab along with the FTC tab for the entire baseline?
Hey Ire, thank you for this! It makes the practical side of project management really accessible. I have one question - is the assumption that this is the only project the employees are working on (for the sake of the example)? E.g. Engineer 1 spent 100% of their time on the project, so I’m guessing that is 100% of their total time of their work (they’re not working on anything else apart from this one project). Asking this cos my time at work is usually split between different projects so just would like some clarification 😅 in real life, I’m guessing this percentages will be much lower right? thank you!
Hiya there! And no probs! To answer your question. Yes! I just wanted to keep it simple. So for example as a PM If you only spend 50% on this project 25% on another and 25% on another. That’s totally cool. You would only budget for 50% of your time on this project. :)
Thank you! :) and there’s nothing really I can say on studying for Prince2 really. I did mine in a week extensive course so it wasn’t really self learnt , and I got lots of tips from the Instructor. Plus I did it like 4 years ago haha. Sorry I can’t be more helpful in that regard
Great video. I have a question. If my budget is 30k, is it correct my cost baseline will be lower say like 27k pr will it be more? Kindly explain. Thanks
No your baseline is just the figure you have said it will cost to complete the project, at the start of the project. So in your last it may be 30k or 27k how much it will cost
I am currently studying a master's in project management. Can I apply project management tools to enter the field of e-commerce or entrepreneurship in general?
Hey Ire, I have a question for you. I m a beginner who just graduated. Also, I have never worked before. Which job role should I select to enter in Project Management?
Hey you have a few options, my biggest advice is to try and find a graduate project management role. As they will train you from the ground up. It is by far the fastest route into project management. Check out my video on graduate roles for more info. Alternatively , try applying for trainee project manager, project coordinator and junior project management roles x
Hey it is NRE as NRE encompasses all costs required for the duration of the project. It’s one off in regards that it will not be recurring spend once the project is complete
Now I need to watch your forecasting video if I can find it - then I have to go for my 45 min prayer walk - then I can get on with the rest of my day. 😀
@@m77ast lol! So actually I’ve decided to put the forecasting video into the course I’m creating for new PMs. I realised there’s a lot of intricate tips and the principles are actually simple. So it was more appropriate for the course. Look out for that. Should be launching early next year by Gods Grace
@@pitolinmotion so madam you removed it😀😂 why now? That’s why I could not find it. Nevertheless - excellent content. Ps guess what my younger brother is a PM for network rail and I don ask am about these topics tire. 😀😂
I’m thinking of getting into project management. I’m 24, have an MBA, and will have a PMP when I start applying for jobs. Does anyone know what a starting salary should be for these qualifications?
Hey. Sorry not really familiar. I think it kinda depends on the company. In the UK for project management I don’t think there is like a fixed starting salary because you have more qualifications although they are attractive to help you get recognised buy recruiters . I don’t think it will make you get paid more. They care more about what you can do than your qualifications . In the US I’ve been told that having PMP will make you eligible for higher paid roles however. But once again that’s because you would have already had experience working on projects to even get the cert
How do you know the process of each project? Example: 1. Development models (design), 2. Packaging Testing, 3. Packaging. Is this information that is provided to you? Or do you know this through experience?
Learned through experience. But everyone has a day 1 right? So if this is your first project of a certain sort yyou’ll need to talk to the main stakeholders in your organisation to understand how projects are usually ran. And if there is no process, Then look at the requirements and come up with a way to ensure that all requirements are met
Usually the organisation you join will have a template; and tbh most of them are very similar and along the same lines of what I have shown. But it’s always good to understand how budgeting works in general so you can tweek your companies template to work for you :)
The way you break these things down is mind blowing. Well done Ire.
🤗🤗🤗 thank you so much. Just happy you understood what I was trying to say😅 this one was actually very tricky to explain in a simple way haha
@@pitolinmotion I just looked up how much Etsy sellers have made over the course of having their stores selling project management templates and the person has best seller check with 52000 sales& it scrams money, money, money😅.You need to jump on it and kill it for us we believe in you!❤ I don't know but I am excited for you😊😊😅❤❤❤.
😅😅 I’ll keep this in mind ! Thank you 🥰🙌🏾
Thank you so much for all your efforts. Your tutorials are a hit, I can't tell you how much I learned from you, you made every single aspect of project management simple and clear. Your strength lies in your simplicity, you really stand out amongst the crowd on You Tube.
🤗🤗🤗 thanks so much. That’s really encouraging ! I’ll try to keep it up x
I agree completely. Without simplicity, understanding is near impossible... She is doing an excellent job.. cant wait for her course...
May God bless you and do bring more content. You always simplify things and easy for us, newbies, to relate to. There is a lot I understand now from you explanations. I read books and watched vedios to understand things like bussines case and project chatter, but no joy. Till I bumped into your channel. I can't move anway. Thanks a million.
🫶🏾🙌🏾 thanks for the kind works and encouragement
All I can say is thank you .. I hope I break through this career path, amen!
I hope so for you too ! 🤗 (thanks for supporting the channel !
Your tutorial is clear, precise and concise, hit the nail on the head, well elaborated.
Thank you for this feedback. Much appreciated 🤗🤗
Stumbled upon this site and love the simple yet effective way of explaining things. Great job!
Thank you !
You break things down so well that it makes it so easy for someone new to PM to understand.. thank you so much.
Thank you 🤗🤗🤗
thanks so much ire, i found this very helpful.
im currently making a career shift into project management and after each of your training video, i feel like im ready to thrive in the project management industry
You got this !!! 👏🏾🤍
Dear Ire, thank you so so much for this video. This is great ! I would only like to ask you two things regarding this video and they are: What does FY (Current FY forecast) and 3PY (Supplier/3PY) stand for ? One more time, really great job and I must say you are natural when explaining. Best of luck in future work :) Chears
Hey thank you !
FY = Financial Year
3PY = 3rd party
Thank you so much Ire, it was indeed an eye opener to a lot
You are welcome !!! ☺️
Thank you! However I’ve been trying to produce a replica of the Project Budget template on Excel both for the Resource and NRS and it’s been kinda difficult trying to format the sheet, how do I go about this 🙏🏻
It’s for sale on my website :) feel free to check it out :)
great presentation- straight forward methods to understand how to budget!
Thank you !
love this background!
Thank you boo! It’s a work in progress! But it’s probs gonna be the new background for a couple months 😬
thank you so much for this wonderful tutorial. it is a great way to start in my PM journey. Thank you.
You are welcome !!
I already subscribed.
That last video project schedule I just watched was my first video of you that I watched. It had way too much value.
Well well done❤❤❤❤
Thank you 🤍
Your videos are great and you are super clear! I'm using them as an integration to an actual PM course that I'm taking, and you are helping me a lot with the assignments, thanks! :)
🤗
thank you for the correction.
Thank you so much Ire for sharing your knowledge....
Very amazing video, thanks for your effort siz.
Thank you ☺️
This is so helpful.. Thanks for taking the time to do these. And yes the templates will be lovely to have. Thanks Ire
Thank you for the support ! And no worries, the templates are available now at pitolinmotion.com/store :)
Hey girl!!!! I applied to two different project manager roles with my company!!!! Fingers crossed !! Wish me luck ❤️
Yes!!!!!!! You go girly, and you already know you got this. I ain’t even gotta tell yah💁🏽♀️ I’m routing for you🎉✨ please lemme know how it goes too x
@@pitolinmotion thanks so much!! I will definitely keep you posted ❤️
Great Video. Very helpful. Looking forward to the templates
Thanks !!!
This is so helpful to me. I’m starting my new role as PM in Jan, having never “formerly” done it before so these are so so useful for me as real practical guides to help me set myself up! Quick question, how do your teams record actual time spent? Do they submit timesheets? Would recommend using something like clockify?
Hey! Love that and youve got this! So yes, all the organisations I’ve used have used timesheets . The organisation chooses the platform for the timesheets so I can’t recommend here (in my experience)
Hi, we are basically in the same situation where I have never "formally" done these before. I am preparing for an interview and fear these direct questions. Any advise as to how I can coin a response these direct questions such as preparation of schedule and budget etc?
I’d just research and have a very good theoretical knowledge of how things are done. Then mix that in with confidence that you’d be able to do it, even though you haven’t yet before
Thank you so so much for this helpful resource!! Greatly appreciate your videos and insightful content!! :)
Thank you ! Appreciate the comment and glad the vids are helpful 🤗
I appreciate this video so much!
No problemo hun x
This is really great 👍🏻
Thank you !
This made a whole lot of sense. Would you be doing anything on Risks in managing Projects anytime soon, it will be great to learn this from your wealth of experience? You do know how to break down PM in simple ways. Keep them coming please. Thanks for sharing
Thank you 🤗 yeah I will be doing a break down on RAID in part 3… I donno about sometime soon 😅 as I’m super busy right now. And it takes time to prep. But hopefully I’ll have it out in a month or so
@@pitolinmotion waiting impatiently 😁
Great info thank you
Hi Ire, Thanks for your awesome work, I agree completely with everyone, Your simplicity makes it looks so easy to understands. Can I use this at a team delivery level?
Hey thank you and yea if it’s appropriate for your project, why not
Excellent
Hey Ire! Thanks for sharing your knowledge. Could you please also advise on how costs are build? Based on what factors you decide what's gonna be the cost per role. It's clear that role depends on skills of engineer, but it's very interesting how you cone up with price.
Looking forward to hear from you, thanks in advsnce!
Hey and no worries! I’m actually working on a course that goes in to more detail about actually day to day project management and practically how to do things. So I won’t be putting out a video on the above. As it will be covered in that course. Make sure you look out for it🎉
Hey Ire definitely would be a useful course. Where will you announce the course? Yt/Instagram? Don’t want to miss out
Hey, I’ll do it on both. So Dw you shouldn’t miss it :)
@@pitolinmotion ok great. Roughly any idea on when it will be out? this year, next year? Obviously don’t have to give the exact time.
Sure thing! It will be Q1 next year my God’s Grace :)
Hello Ire, I'm transitioning to a new construction project managmt role and these videos are really helpful. would appreciate the templates. Thanks!!
Hiya lovely. Yay! Glad it’s helped :) working on getting the website together and the templates should be out soon :)
Thank you so much! do you have any advice on project management portfolio?
Hey, can you be a bit more specific or add some detail as to what you’re after ?
I missed out on the human resource budget in my project. It cost me 8million+ 🤦🏾♂️😀 - please don’t laugh at me. That is why I’m here to learn.
Damnnnnnn 8million! God please just let me capture 1% of that figure and I will be externally grateful 😅 I guess we live and we learn 😊
Madam that’s funny. Please don’t be blown away when you hear 8million - that was just the figure when I looked at my spreadsheet.
The project is in Nigeria so that is 8 million Naira which in the U.K. is around £15,000. £8,000,000 by Gods grace it is possible 😀
Thanks 👍
Thank you for this particular vid. Very helpful. I would love a template if you have the time.
Hiya! Thank you! And the templates are a available on my website pitolinmotion.com:)
Amazing video. Would love some templates!
Thanks! On the way soon!
I liked your video. The only thing I don’t understand is how did you determine the work days.
Thanks, generally you’ll need to ask the technical resource how long it would take to get tasks done then estimate. The more knowledge you have about the task the easier the estimation process will be
This is very helpful for me as I start my forma project management journey. Question. For the entire baseline, do you add the resource tab along with the FTC tab for the entire baseline?
Thanks! And no you don’t. It’s just a template. You don’t even need FTC, however it’s just a useful way to know how much you’re likely to spend
Hi,
Can you please do a video on BUSINESS CASE?
Hey check out my video on project documentation :) there’s a segment in there about the business case
Hi there! Thanks for the detailed video! Not sure if you shared the link already. I’d love to use your template and play around with. Thanks so much!
Hey girly. It will be available on my website shortly x I’ll let you know
Sista please more videos.
It got you sis x
Hey Ire, thank you for this! It makes the practical side of project management really accessible.
I have one question - is the assumption that this is the only project the employees are working on (for the sake of the example)? E.g. Engineer 1 spent 100% of their time on the project, so I’m guessing that is 100% of their total time of their work (they’re not working on anything else apart from this one project).
Asking this cos my time at work is usually split between different projects so just would like some clarification 😅 in real life, I’m guessing this percentages will be much lower right? thank you!
Hiya there! And no probs! To answer your question. Yes! I just wanted to keep it simple. So for example as a PM If you only spend 50% on this project 25% on another and 25% on another. That’s totally cool. You would only budget for 50% of your time on this project. :)
Based on the assumption / fact in reality that one human cannot be in 2 places / doing 2 different things at the same time.
Hi Ire, thanks for the video. I've been enjoying your videos!
I was wondering if you could do a video about studying for PRINCE2?
Thank you! :) and there’s nothing really I can say on studying for Prince2 really. I did mine in a week extensive course so it wasn’t really self learnt , and I got lots of tips from the Instructor. Plus I did it like 4 years ago haha. Sorry I can’t be more helpful in that regard
Are you still going to do a follow-up video to show how to setup the templates you used? I think it would be very useful!
Hey! I’ve explained it in this video. Buy either way they are available on my website too :)
Great video. I have a question. If my budget is 30k, is it correct my cost baseline will be lower say like 27k pr will it be more?
Kindly explain. Thanks
No your baseline is just the figure you have said it will cost to complete the project, at the start of the project. So in your last it may be 30k or 27k how much it will cost
I am currently studying a master's in project management. Can I apply project management tools to enter the field of e-commerce or entrepreneurship in general?
Hiya. I don’t think quite understand this question.
@@pitolinmotion Is project management applied to the field of e-commerce and entrepreneurship, or is project management for mega projects?
@@moutassembakraa3520 you can defo use the skills and tools set designed for project management for e-commerce projects and entrepreneurship
I personally think there is aspects of project management in most business models and career paths
Hey Ire, I have a question for you.
I m a beginner who just graduated. Also, I have never worked before. Which job role should I select to enter in Project Management?
Hey you have a few options, my biggest advice is to try and find a graduate project management role. As they will train you from the ground up. It is by far the fastest route into project management. Check out my video on graduate roles for more info. Alternatively , try applying for trainee project manager, project coordinator and junior project management roles x
Materials eg in building - cement it’s not a one off cost it is needed all through the project. Is that NRE as well?
Hey it is NRE as NRE encompasses all costs required for the duration of the project. It’s one off in regards that it will not be recurring spend once the project is complete
@@pitolinmotion Jolly good. Much appreciated.
Now I need to watch your forecasting video if I can find it - then I have to go for my 45 min prayer walk - then I can get on with the rest of my day. 😀
@@m77ast lol! So actually I’ve decided to put the forecasting video into the course I’m creating for new PMs. I realised there’s a lot of intricate tips and the principles are actually simple. So it was more appropriate for the course. Look out for that. Should be launching early next year by Gods Grace
@@pitolinmotion so madam you removed it😀😂 why now? That’s why I could not find it.
Nevertheless - excellent content.
Ps guess what my younger brother is a PM for network rail and I don ask am about these topics tire. 😀😂
Please do budgeting using MS PM TOOL
Hiya. You can’t budget in MS project ( to my knowledge) it’s mainly for project plans. And tracking status and deliverables :)
♥♥♥♥♥
I’m thinking of getting into project management. I’m 24, have an MBA, and will have a PMP when I start applying for jobs. Does anyone know what a starting salary should be for these qualifications?
Hey. Sorry not really familiar. I think it kinda depends on the company. In the UK for project management I don’t think there is like a fixed starting salary because you have more qualifications although they are attractive to help you get recognised buy recruiters . I don’t think it will make you get paid more. They care more about what you can do than your qualifications . In the US I’ve been told that having PMP will make you eligible for higher paid roles however. But once again that’s because you would have already had experience working on projects to even get the cert
How do you know the process of each project? Example: 1. Development models (design), 2. Packaging Testing, 3. Packaging.
Is this information that is provided to you? Or do you know this through experience?
Learned through experience. But everyone has a day 1 right? So if this is your first project of a certain sort yyou’ll need to talk to the main stakeholders in your organisation to understand how projects are usually ran. And if there is no process, Then look at the requirements and come up with a way to ensure that all requirements are met
That's why PMs get paid the big bucks!
Thank you!@@pitolinmotion
Do you have to create these project budgets yourself or the organisation you join will have a set template for you?
Usually the organisation you join will have a template; and tbh most of them are very similar and along the same lines of what I have shown. But it’s always good to understand how budgeting works in general so you can tweek your companies template to work for you :)
@@pitolinmotion Thank you for the response.
I don't think i have ever seen a woman who is so strong in all my weak areas 🙂😃
Ire, What is the meaning of NRE?
Non recurring expenditure/ engineering
Thanks Ire, your teachings are really helpful.
Please kindly make available the template. It is going to go a long way to complement the tutorial.
Hey it will be available on my website shortly: just sorting a few things out !
do you have the download link for this excel template?
Hiya! I working on setting up a site for this as there seems to be a lot of interest :) will take a month or so but working on it 🎉
@@pitolinmotion siz can I have the excel template from you please
It’s on my website for purchase :)
Its invisible
You break things down so well that it makes it so easy for someone new to PM to understand.. thank you so much.
Great ! Thank too for watching