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THE IN-DEPTH READ FOR TODAY'S PROJECT PROFESSIONAL
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Project Manager Today is published 10 times a year and is available online and as a paper-based package on subscription and internationally. For more details click on subscription in the navigation panel above.

ABC certified circulation: 1 July 2008 - 30 June 2009; total average net circulation per issue 13,634. Valid to September 2010.

29 July 2010
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Project and Programme Accounting - a practical guide for PSO's and IT


Author(s): John Chapman
Ref: ISBN: 1-900391-14-7

Writing in the preface to this new book, John Chapman says that ‘Working as Project Director for a company who deliver systems, I needed to understand the issues around project and programme accounting. However, I was unable to find a single source of information on what was required for a professional services business. Furthermore, for organisations that have an internal IT function, there was no reference material available for the identification of programme and project costs.

‘So I wrote this book to help others understand this vital subject. It also explains how a system can be implemented to deliver strong reporting both on individual projects and programmes as well as across the organisation as a whole. Reporting the cost of the programme or project in areas where there are specific overruns or under-runs helps management effort to be focused on improving overall effectiveness and efficiency. ‘I hope that it will mean that other people do not have the frustration I felt when trying to find the information to set up practical systems.’

Chapman’s experience is now encapsulated in this 186-page book that provides the missing link between project people and accountants. It is written from the project perspective.

The drivers of improved efficiency, reduced costs and greater return on investment bear down on programme managers and project managers. These managers are not accountants, yet they need to report revenues and costs, and deliver the work more efficiently than before.

The purpose of the book is:

to draw together the themes of programme & project management with revenue and cost accounting;

to give an organisation a guide to the design of data and systems it should put in place, which will provide information on their spend;

to enable the development of internal efficiency programmes to achieve a greater return on programme and project spend;

to educate the reader about the salient issues of data collection and reporting;

to demonstrate how to implement a programme & project accounting system;

to list software & system requirements when implementing a solution.