Whether an internal business project or a project undertaken for a client, the effort typically commences with a budget, a schedule, and an ultimate objective. If you’re a project manager, however, you probably already know that all three will likely change before the project ends.

Because project management is largely about managing change, it can be a tricky business. The best project managers are adept at it, but gaining and nurturing the project team’s commitment in keeping costs under control can be the manager’s ace in the hole.

One technique for stimulating the team’s interest and commitment to the project budget is to include a line item for team bonuses to be paid at project completion.

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