Rebel’s Guide to PM

JUNE 9, 2022

In this article I’m going to give you some specific actions you can do to improve your business acumen. If you like, you can download a summary of this article as a free checklist so you can work through the actions at your own pace. Applying business acumen to your project. So what’s it all about?

PMI 379

PMI 2022 Influencer Finance 379

Wrike

SEPTEMBER 2, 2023

In project management, one of the key factors that contributes to the successful completion of a project is a well-structured and comprehensive budget plan. Understanding the importance of a project budget plan is crucial for project managers and stakeholders. This enhances productivity and reduces delays.

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Budget Controlling Planning Technical Review 36

Wrike

SEPTEMBER 3, 2023

However, embarking on a PSA project requires careful planning, strategic alignment, and adherence to best practices. This article aims to provide a comprehensive understanding of PSA projects, their key elements, the importance of strategy, best practices for success, challenges to overcome, and the future trends shaping this field.

Artificial Inteligence 36

Artificial Inteligence Technical Review Underperforming Technical Team Innovation 36

Rebel’s Guide to PM

AUGUST 29, 2021

However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there. In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. Project Budget Risks. Legal risk.

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Risk Technical Review Risk Management Estimate 317

Workamajig

AUGUST 6, 2019

Mastering the art of creating a project budget is a crucial skill for any agency. Learn how to create a project budget in our new article. So much of your success as an agency depends on getting the project budget right. Overestimate it and you risk losing the project altogether.

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Budget Estimate Underperforming Technical Team Risk Management 60

MPUG

MAY 22, 2023

Introduction This article is a follow-up to an article that I published last fall ( Killing a Project ) that discusses what to do when pulling the plug or canceling a project, regardless of its size. When the possibility of success is gone, these projects should be canceled for the health of the corporation.

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2001 2012 Budget Consulting 105

Rebel’s Guide to PM

MARCH 22, 2021

Resources are the largest contributor to successful project delivery , and project managers spend significant time planning and managing their activities. Both resource and project managers work in tandem to develop resourcing strategies for projects. Why is Project Resource Management important?

Construction 347

Construction Estimate Technical Review Software Review 347

The IIL Blog

SEPTEMBER 13, 2023

I have seen many projects derailed because assumptions were never documented or validated. Our risks were identified, but a response strategy was never created. Management Plans The project management plan is created at the beginning of the project and describes how the project will be executed.

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Risk Management Risk Cadence 2016 88

Project Pulse Journal

NOVEMBER 24, 2023

With a Monte Carlo analysis, you can assess project risks, determine the likelihood of occurrence, and turn the 'what-ifs' into tangible predictions. Let's tackle this journey to understand Monte Carlo Simulation in Project Risk Management. ACTION: Randomly sample from these distributions to simulate the cost for each component.

Risk Management 52

Risk Management Risk Engineering Estimate 52

The IIL Blog

OCTOBER 17, 2023

hours, personnel needed, and/or tasks) to ensure that a project can be completed on time and within budget. Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. a project). effectively and efficiently.

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Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Velociteach

SEPTEMBER 11, 2023

I have seen many projects derailed because assumptions were never documented or validated. Or risks were identified, but a response strategy was never created. Management Plans The project management plan is created at the beginning of the project and describes how the project will be executed. Response Plan.

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Risk Management Risk Cadence 2023 78

The Strategic Project Manager

FEBRUARY 16, 2023

This post makes an initial attempt to describe what Artificial Intelligence is, where it might apply in the world, and the impacts to organizational strategy and project management. Let’s turn now to the impact of AI on strategy and project management. The Basics: Artificial Intelligence – What Is (AI)?

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Artificial Inteligence ChatGPT Logistics Risk Management 97

MPUG

JUNE 19, 2023

In this article, we will define change orders and provide steps for how to integrate change orders in Microsoft Project. What is a Change Order In project management, a change order refers to a documented request that modifies a project’s original scope, schedule, or budget.

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Development Team Review Software Review Risk Management Budget 52

LiquidPlanner

MAY 17, 2023

In this article we’ll look at what impact resource constraints have on getting work done and how they affect project schedules. How do resource constraints affect project delivery Resource constraints on project delivery affect your team in these ways: Project timescales Project cost Team skills Let’s take a look at each of those.

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Estimate Lean PMI Construction 142

Wrike

SEPTEMBER 23, 2023

In the realm of project management, there are various costs involved that extend beyond the obvious expenses typically associated with a project. These hidden costs, known as soft costs, can significantly impact the overall budget and success of a project.

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Technical Review Budget Risk Management Monitoring 36

Teamweek

JANUARY 22, 2024

One common technique that helps project managers handle resources efficiently is resource leveling. In this article, you will learn: What resource leveling is When to use resource leveling The key benefits of resource leveling Real-world examples of resource leveling The risks of resource leveling Key resource leveling strategies And more!

Critical Chain 59

Critical Chain Estimate Risk Management Consulting 59

Velociteach

APRIL 11, 2023

High-Level Schedule, Key Milestones, & Estimated Budget The charter includes a high-level project schedule, key milestones, and the estimated project budget. This information is updated from the business case and will be further refined during project planning, where the baselines will be established.

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Underperforming Technical Team Risk Management Estimate Risk 77

nTask

APRIL 13, 2021

As a project manager, one thing you want to ensure is that your project runs on schedule and within budget. Straying off course is often disastrous for projects not only because of the project delays and added costs but also due to the risk of a complete project failure.

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2021 Software Review Budget Project Cost 78

MPUG

MARCH 30, 2020

Company A might not have a PMO, company B could have a PMO where the project managers (PMs) do not report to the PMO, and Company C could have a mature PMO where the PMs report to the PMO. This article is meant to give some guidance for starting a PMO and eventually growing into a Strategic PMO (SPMO). Assessing Your Current Condition.

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PMO Technical Review Governance Government 111

Rebel’s Guide to PM

OCTOBER 3, 2016

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). Applying Business Acumen To Your Project. Stakeholders are often most interested in project cost and the time it is going to take to finish the work, and your business acumen comes into play hugely here.

Software Review 300

Software Review Finance Initiating Project Cost 300

Teamweek

FEBRUARY 16, 2024

In this article, you’ll find detailed reviews of these tools comparing their features, pros, cons, and pricing. Project management : Organize clients, projects, and tasks using simple task lists. Use the project dashboard to forecast timelines and budgets and monitor project progress.

Software Review 52

Software Review Software Monitoring Budget 52

Project Pulse Journal

MARCH 7, 2024

The system for value delivery refers to a structured framework and methodology used in project management. Project value delivery drives to fulfill its intended purpose and deliver tangible value that is aligned with the business strategy, with support from both stakeholders and business leaders.

Governance 52

Governance Government Technical Review Sustainability 52

Wrike

SEPTEMBER 3, 2023

Meeting deadlines and delivering results quickly are crucial for maintaining client satisfaction and ensuring project success. In this article, we will explore why perfecting the design approval process is essential for faster turnarounds and how to achieve it effectively. Less chances of scope creep and budget overruns.

Process 36

Process Technical Review Software Review Controlling 36

Wrike

MARCH 23, 2023

In the world of enterprise financial services, project management has become a crucial part of any successful organization’s strategy. By implementing project management software, financial services professionals can streamline their processes, enhance collaboration, and improve efficiency.

Software Review 36

Software Review Software Sustainability Risk Management 36

PM Basics

SEPTEMBER 8, 2022

It’s a combination of processes and tools a project manager applies to discover threats and opportunities that may impact a project. You can find links to other articles that explain each process and tool in more detail. Short Glossary of Project Risk Management. Risk Response Strategies (Definitive Guide with Examples).

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Risk Management Risk Process Underperforming Technical Team 104

Productivity Land

DECEMBER 28, 2023

In this article, we will explore key questions CEOs may have about making the hiring process in LATAM more efficient and strategic. This linguistic flexibility simplifies collaboration in global tech projects. This cost-efficiency is particularly attractive to CEOs looking to optimize their budgets.

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Healthcare Defining Initiating Process 79

nTask

MAY 5, 2021

Jules Dupuit used the basic principles in his job at a bridge project in helping determine tolls. Dupuit outlined the principles behind what is now known as the cost benefit assessment in an article that was published in 1848. You also want to ensure you avoid using a CBA as a project budget. Sign up today!

Risk Management 136

Risk Management Estimate Risk Finance 136

Wrike

AUGUST 25, 2023

In today’s fast-paced business world, the ability to effectively coordinate projects is crucial to delivering timely results. Project coordination involves bringing together various aspects of a project, from planning and organizing to managing teams and resources. There’s no better time to start than now.

Software Review 36

Software Review Underperforming Technical Team Risk Management Monitoring 36

MPUG

AUGUST 14, 2023

In pursuit of these objectives, a common challenge arises – sales personnel taking on some project manager responsibilities at the start of a project. While the intent may be to expedite project initiation and meet customer demands, this practice can lead to significant pitfalls that hinder project success.

Underperforming Technical Team 52

Underperforming Technical Team Development Team Review Estimate Closing 52

MPUG

NOVEMBER 18, 2021

We surveyed MPUG members asking, “What is your biggest frustration, issue, bug, or pain point with the Microsoft Project tool?” ” The results are in… We’re addressing these frustrations with sessions, articles and live discussion with partners and Microsoft. Is this really the case by design? Print feature.

Underperforming Technical Team 52

Underperforming Technical Team 2019 2013 Technical Review 52

Proofhub

NOVEMBER 12, 2019

For some, it is the team who works hard day and night to deliver every deliverable and deadlines within the project to make it successful. And for the rest, it takes the best of both (management and teamwork) to make a project successful. We will take a closer look at the various aspects of project management.

Software Review 60

Software Review Technical Review Monitoring Risk Management 60

Wrike

OCTOBER 26, 2020

And even if the project is successful, will the outcomes justify the cost and effort it took to achieve them? These questions, and ultimately the fate of the project, can be determined through a feasibility study. Costs may include human resources, equipment, material, software, hardware, facilities, and third-party services.

Technical Review 95

Technical Review Software Review Executing Energy 95

Rebel’s Guide to PM

SEPTEMBER 30, 2016

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). Applying Business Acumen To Your Project. Stakeholders are often most interested in project cost and the time it is going to take to finish the work, and your business acumen comes into play hugely here.

Software Review 150

Software Review Finance Initiating Project Cost 150

Scoro

APRIL 5, 2023

This article will help first-time agency owners identify and establish key processes to increase productivity and efficiency. Creating a project management process with distinct timelines, milestones, and deliverables that are frequently evaluated and updated is crucial to overcome these difficulties. Guide: Manage project costs 4.

Software Review 52

Software Review Monitoring Consulting Finance 52

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. The Project Manager is also responsible for identifying risks outside of the Project Team. Budget, Risk Tolerance, and Thresholds.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Wrike

OCTOBER 8, 2023

In this article, we will explore the basics of trend charts, discuss their importance in data analysis, examine the components that make up a trend chart, and delve into reading and interpreting the information presented by these charts. Trend charts are also valuable in project management. Ready to visualize your progress?

Retail 36

Retail Finance Construction Estimate 36

Paymo App

APRIL 2, 2018

You’ll find how-to articles and actionable tips on these methodologies. What is Agile Project Management? What to expect: If you’re looking for light-hearted project management articles, take a look at Natalie humor-infused blog. Musings On Project Management. The Practicing IT Project Manager.

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Influencer Prince2 Software Review SCRUM 112