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The Construction Resource Management Process Explained

ProjectManager.com

There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management. Construction resource management is the process of planning and managing resources on a construction site. What Is Construction Resource Management?

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. What Is an Organizational Process Asset?

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Project Cost Estimation: A Guide to Quoting Profitable Projects

Scoro

Ever wonder why some of your projects easily meet your target profit margins while others don’t even come close? You might be struggling with accurate cost estimates. They’re the foundation for setting realistic budgets, avoiding costly overruns, and ensuring your projects stay on track financially.

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Project Management Process Groups: A Quick Guide

ProjectManager.com

There are a thousand things that constantly impact the project and require you to reallocate resources to stay on track. To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups?

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How to Make a Contractor Payment Schedule in Construction (Template Included)

ProjectManager.com

Construction projects are often long and complicated endeavors. Payment is determined in the contract process, which includes the contractor payment schedule. Method of Resolving Disputes: Outline the process for payment-related disputes, such as mediation or arbitration procedures. They’re also expensive.

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Project Cost Estimating: How to Nail Your Estimates

Teamweek

The project is spiraling out of control, scope creep is closing in, and you’re losing sleep because of all the stress. Unfortunately, this scenario is all too common for project managers. . Project cost estimation can be challenging, especially when the project is complicated and has many moving parts.

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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

They’re anything that’s produced or provided because of the project. Deliverables can be both the result of the project itself, but also the results of the process of the project, such as the project plan , reports or other documents. Projects are made up of deadlines.