Family Finances? Make it a project.
Cesar Abeid joins Think Enriched today to share his insight on how you can use project management skills to maximize your family finances.
Cesar also shares how you can get his new audio book, Project Management for You, for free!
- How one decides to become a project manager.
- Project management for families? Think of a family wedding.
- Consider your stakeholders: Who has a dog in the fight?
- A project has a definite beginning, a definite end, and creates a unique result.
- By creating a project, you can see the outcome, the risks, the budgets, and the big picture to make it work.
- You decide the project. Then you apply the principles of project management.
- Step 1: Composing. Define the project. Make it as detailed as you can to see the finished project. Answer the question: What do we want to do?
- Step 2: Decomposing. Take the requirements of the project. Break it down to manageable chunks. Don’t create actions, create things. Make lists of nouns, not verbs. Use a mind map, or a sticky note. Make it visual.
- To motivate your partner/spouse, you’ll have champions and those against the project.
- “90% of the work of project management is communication.”[clickToTweet tweet=”90% of the work of project management is communication. @cesarabeid ” quote=”90% of the work of project management is communication.”]
- Help others realize that you are on the same team. Present the problem in the language that they will understand. Don’t talk budget. Talk results: the vacation. Or the car you can buy.
- His book, Project Management for You, for the person trying to take on a major task: write a book, start a business. Someone creating a new product, setting up a new website, creating a more in-depth project.
- Even as professional project manager, Cesar admits that he still struggles with organization and how this process has helped him personally & professionally.
- “This something we can learn. We can also not be limited by the fear of starting something new. But our limitations should the ideas we have, and how many ideas we can have and handle, and not the fear of uncertainty. There is a system you can use to methodically, systematically turn those ideas into reality.” [clickToTweet tweet=”Our limitations should the ideas we have… and not the fear of uncertainty” quote=”our limitations should the ideas we have, and how many ideas we can have and handle, and not the fear of uncertainty”]
- When you break down the project into smaller chunks and you can create the budgets. You can predict the time investment of a project, and the financial investment of the project.
Resources mentioned in this episode:
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