ProjectManager.com

MARCH 20, 2024

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

Construction 331

Construction Software Review Underperforming Technical Team Estimate 331

Rebel’s Guide to PM

NOVEMBER 2, 2023

It facilitates effective resource allocation and leads to the success of projects. Additionally, these are some of the critical benefits of resource forecasting in project management, which we’ll discuss below. Even though employees are assigned to the project, it does not necessarily translate into more revenue for the business.

Underperforming Technical Team 302

Underperforming Technical Team Technical Review Software Review Estimate 302

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.

Risk Management 88

Risk Management Risk Cadence 2016 88

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.

2001 106

2001 2012 Budget Consulting 106

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. Here is a list of common project cost risks.

Risk 325

Risk Technical Review Risk Management Estimate 325

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 357

Construction Estimate Technical Review Software Review 357

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.

Risk Management 78

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)?

Artificial Inteligence 97

Artificial Inteligence ChatGPT Logistics Risk Management 97

Project Pulse Journal

NOVEMBER 24, 2023

For example, project managers will aggregate the results and understand the range and likelihood of possible outcomes, such as costs, schedules, and resource needs, to make informed decisions, plan contingencies, and formulate risk mitigation strategies. Document these variables.

Risk Management 52

Risk Management Risk Engineering Estimate 52

The Strategic Project Manager

DECEMBER 5, 2023

Finally, the post discusses several impacts to consider in the practices of strategy and project management. Enabled by technology, and accelerated by the pandemic, our world continues to evolve with “ The Rise of the Meta City “, as depicted and described in this fascinating Harvard Business Review article.

Infrastructure 40

Infrastructure Technical Review Telecoms Influencer 40

The IIL Blog

OCTOBER 17, 2023

Change Control A formal process of documenting, reviewing, approving, and managing a change to a project’s scope, schedule, budget, or quality parameters. Change Management The approach to plan and implement strategies that guide individuals and organizations through a change (e.g., a project). effectively and efficiently.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

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.

Estimate 142

Estimate Lean PMI Construction 142

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

Proofhub

AUGUST 6, 2020

Understanding Marketing Analytics The practice of analyzing, managing, and measuring marketing performance in order to maximize the effectiveness of the project and optimize the ROI (return on investment) is known as marketing analytics. Data is an integral asset of any marketing strategy that helps in building a competitive advantage.

Technical Review 127

Technical Review Risk Management Risk Engineering 127

MPUG

JUNE 19, 2023

Through the process of doing the work, we learn more about the subject of our work and the processes we employ for our project objectives. In this article, we will define change orders and provide steps for how to integrate change orders in Microsoft Project. Update the project’s cost tracking and reporting hence.

Development Team Review 52

Development Team Review Software Review Risk Management Budget 52

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 302

Software Review Finance Initiating Project Cost 302

Wrike

OCTOBER 4, 2023

This guide aims to provide a comprehensive understanding of construction budgeting, offering insights into the importance of accurate cost estimates, the key components of a budget, steps to create reliable estimates, common challenges in cost estimation, strategies for more accuracy, and the need for review and adjustment of construction budgets.

Construction 36

Construction Estimate Budget Technical Review 36

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. Conduct Project Cost Analysis on nTask. Sign up today! Get Started for Free.

Risk Management 136

Risk Management Estimate Risk Finance 136

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”.

Risk Management 52

Risk Management Controlling Risk Aerospace 52

Wrike

SEPTEMBER 23, 2023

Expenses involving risk management and contingency planning: Project managers need to anticipate potential risks and develop strategies to mitigate them. Soft costs in this area include the time and effort spent on risk analysis, developing risk mitigation strategies, and establishing backup plans.

Technical Review 36

Technical Review Budget Risk Management Monitoring 36

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. There’s no better time to start than now.

Process 36

Process Technical Review Software Review Controlling 36

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?

Underperforming Technical Team 52

Underperforming Technical Team 2019 2013 Technical Review 52

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

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

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.

PMO 112

PMO Technical Review Governance Government 112

Velociteach

APRIL 11, 2023

At this point, the budget estimate may only be +50%/-30% of the final project costs. Assumptions and Constraints Assumptions and constraints are identified and documented throughout the project. We should start developing risk response strategies. Project governance will be further defined in the project management plan.

Underperforming Technical Team 77

Underperforming Technical Team Risk Management Estimate Risk 77

MPUG

AUGUST 26, 2019

Having been a project manager for all of my working life and now a teacher of project management skills for more than a decade, I always tell my students to follow sound project management principles and to manage risks proactively. Proactive project risk management is integral part of project management.

Risk 86

Risk Risk Management Governance Government 86

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.

Healthcare 81

Healthcare Defining Initiating Process 81

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

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

Teamweek

DECEMBER 26, 2023

If you’re one of those people, this article is for you. We will dissect each of them in this article to help you make an informed buying decision. Create estimates and track project costs to see which projects are profitable and which are not. Disclaimer: The information below is accurate as of December 26th, 2023.

2024 59

2024 Monitoring Budget 2023 59

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).

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

nTask

APRIL 13, 2021

Here are just some of the benefits of this project management methodology. EVM has a powerful predictive capability thus making it a great project cost control measure. This methodology provides more in-depth information than simple project tracking thus giving you a range of other advantages as well. PV or BCWS.

2021 78

2021 Software Review Budget Project Cost 78

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

Agilemania

MAY 3, 2022

39% said Reduce project risk . 23% reported reduced project cost . Hands-on learning- The agile certification training workshops are usually 2 days and cover the agile practices, tools, and strategies in detail. As per the 15th State of Agile Report , the respondents stated the following reasons to adopt Agile- .

Certification 98

Certification Agile SCRUM 2001 98

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

Agilemania

MARCH 11, 2022

However, we are not sure how this article will get treated, so stay with us till the end. Cleaned up original code especially comes in handy when the task or project is transferred to different members of the product team. One strategy is to run all the tests, see where they fail, and deal with them one by one. What is TDD?

Software Review 98

Software Review SCRUM Agile Software 98