What does a Limited Company Director do?

We carry on our series of articles aimed at project management contractors and freelancers. If you are new to Project Management or as just setting out as an individual entity, there are many business options to consider. Please read Project Manager? Are you thinking about contracting? For further explanation of some options available to you. If, after exploring your options you decide to open your business as a Limited Company (Setting up as a Project Manager with a Limited Company can give you an overview of how to do this), you will need to nominate a Director. A Limited Company ...

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What project managers are concerned with right now

This week was Project Challenge in London and if you didn’t make it – shame! you missed out on a good event. We’ve been doing these events for a while now and I think its fair to say the last few years have been somewhat slow. We can probably attribute this to the recession and a general low energy and apathy in the profession as a knock on effect – this week, it was totally different! The event had a sharper feel to it – it even felt brighter but the think that really struck me were the great questions ...

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Q&A Project Management Careers: First Project

I just got an offer for a Project Lead position and it is going to my first time of handling a multidisciplinary project. What advice can you give to me? I am PMP certified. First, congratulations I hope you will be taking the job because so many project management positions today are multidisciplinary projects and you will be gaining so much experience which can only help you as you progress through your project management career. The key to working in this kind of environment is finding the balance between keeping control of the project and keeping all interested parties on ...

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Setting up as a Project Manager with a Limited Company

As a Project Manager, you may decide that you want to start your own business – becoming a contractor or freelancer. One of the options available to you is to set up a private Limited Company. There is a lot of advice available online, but here is a précis of what you need to know in order to achieve Limited Company status. The process begins by registering with Companies House and advising Her Majesty’s Revenue and Customs (HMRC). Companies House adheres to the Companies Act 2006 and its main purpose is to register and dissolve Limited Companies. In addition it ...

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Project Management Training Report

PMI PMP gives the greatest return on a project manager’s career

The project management training marketplace in the UK is a confusing place. With four main options and countless bespoke courses, choosing an accreditation which is really beneficial to your career is a difficult choice to make. In the latest project management report from Arras People, The Project Management Training Report gives some new insights to help project managers make choices that have the greatest return for their careers. Whilst the most popular course is still PRINCE2 with a staggering 69% of UK project management practitioners holding this accreditation – it is not the best accreditation to increase earning potential. At ...

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Freelance Project Managers – Are you claiming the correct expenses?

Tax laws and the tax system can be complicated and many people have found themselves falling fowl of HMRC (Her Majestys Revenue and Customs). It is essential that you are confident in your accountancy provision, whether through an umbrella company, a qualified accountant or completing the task yourself. The benefit of using a professional service, such as an umbrella company or accountancy firm, is that you have more confidence that it is being done right. Sadly, this is not always the case. Ask for verification of HMRC compliance or testimonials from companies, don’t take their word for it. As a ...

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