ProjectManager.com

MAY 26, 2021

For example, a fixed-price contract is only viable for the contractor when they are able to very accurately forecast how much the project will cost. It’s too much of a risk to take. Costs are anything the contractor must pay for in order to execute the project and deliver on its objective. Start a free trial today!

Risk Management 331

Risk Management Budget Risk Defining 331

ProjectManager.com

JUNE 4, 2021

The following are our top 8 Microsoft Excel construction templates for better construction project management. This is how owners choose contractors. This budget will dictate exactly how much can be spent on materials, supplies equipment and which contractors to hire. Risk Register Template. Gantt Chart Excel Template.

Construction 410

Construction Risk Management Estimate Software Review 410

ProjectManager.com

FEBRUARY 10, 2023

That’s what procurement management is all about. What Is Procurement Management? Procurement management refers to all the actions and strategies related to the cycle of identifying, evaluating and selecting suppliers of production inputs. ProjectManager helps you manage all aspects of your project, including procurement.

Estimate 323

Estimate Manufacturing Logistics Software Review 323

ProjectManager.com

JULY 5, 2023

Construction costs are one of many metrics that a general contractor has to keep an eye on. But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. That’s why construction cost management is so important. What Is Construction Cost Management? Learn more What Is a Construction Cost?

Construction 306

Construction Estimate Monitoring Budget 306

ProjectManager.com

NOVEMBER 2, 2023

Whether you’re interested in a career in construction or looking to fill an open position in your construction management company, there are a lot of entry points. We explain what each is and offer a salary average to see how much you can expect to earn or pay for one of these construction management roles.

Construction 314

Construction Estimate Logistics Engineering 314

ProjectManager.com

JULY 4, 2023

Construction reports can be written or generated by project management software, but they always are data-rich and usually illustrated by graphs and charts. While you could manually create construction reports, project management software is designed to do it faster and better. This provides a reference point for contractors.

Construction 255

Construction Software Review Budget Risk Management 255

ProjectManager.com

MAY 28, 2021

Contracts specify the terms of the agreement between an employer and a contractor. You’ll want to hire a contractor who’s familiar with this type of job and knows the specific steps to take. Additionally, the contractor is guaranteed a set profit in the form of a flat fee or a percentage. or a combination of the two.

Construction 361

Construction Budget 2019 Risk Management 361

ProjectManager.com

JUNE 27, 2023

A lien waiver form is a legally binding document that states that the contractor, subcontractor or supplier has received payment for their service or materials. To track and collect on these lien waivers, general contractors, property developers and construction lenders use project management software.

Construction 269

Construction Engineering Defining Risk Management 269

ProjectManager.com

MAY 21, 2021

An employer hires a contractor to do work. Contract administration is the process of creating a contract between employer and contractor. Execute your construction contracts flawlessly with project management software. Having someone dedicated to managing these discussions makes the process run smoother.

Process 453

Process Construction Finance Initiating 453

ProjectManager.com

MAY 12, 2021

The term “time and materials” refers to the amount of time and construction materials that a contractor or subcontractor requires to execute the project. When the term is used, it’s to indicate the contractor is billing for the amount of time they take doing the task and whatever materials are used in the process.

Construction 418

Construction Estimate Executing Monitoring 418

ProjectManager.com

OCTOBER 7, 2021

Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re working with independent contractors?

Risk Management 300

Risk Management Risk Construction Monitoring 300

ProjectManager.com

JULY 4, 2023

Construction reports can be written or generated by project management software, but they’re always data-rich and usually illustrated by graphs and charts. While you could manually create construction reports, project management software is designed to do it faster and better. This provides a reference point for contractors.

Construction 195

Construction Software Review Budget Risk Management 195

ProjectManager.com

APRIL 4, 2023

A bill of quantities is an important document in construction project management. We’ll explain what a bill of quantities is, why it’s so important to construction project management and detail what should go into one. Therefore, owners know which bids are competitive and bidding contractors can better estimate their profit margins.

Construction 278

Construction Software Review Executing Engineering 278

ProjectManager.com

JULY 19, 2022

While construction project management includes all plans and schedules for the project, without the goods and services provided by procurement in construction, it’s only an idea and not a structure. Let’s look at procurement in construction, the methods used and the role of the construction procurement manager. Design and Build.

Construction 281

Construction Finance Underperforming Technical Team Logistics 281

ProjectManager.com

MAY 30, 2023

The general contractor is responsible for all the construction contracting activities that occur on a construction site. If you’re a general contractor working in construction project management, you’ll need to know about general conditions. These general conditions in construction are varied and costly.

Construction 260

Construction Infrastructure Estimate Defining 260

ProjectManager.com

JULY 12, 2022

As with everything in construction project management, there’s a process, meetings, checklist and more. The preconstruction phase in construction project management refers to the preliminary planning and engineering services that the construction company implements before construction begins. But first, let’s start with a definition.

Software Review 369

Software Review Construction Estimate Budget 369

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. Either way, it’s run by a PMO director. There are different types of PMOs, all headed by a PMO director.

PMO 347

PMO Software Review Governance Government 347

ProjectManager.com

APRIL 26, 2023

Then we’ll go a step further by offering free templates and software that can help with construction project management. Construction specifications are the products, materials and work that are defined in a construction contract between a construction owner and the construction manager hired to deliver the project.

Construction 286

Construction Software Review Estimate Executing 286

ProjectManager.com

APRIL 23, 2021

Construction projects often require outside specialists to complete aspects of the work, and construction contracts bridge the gap between contractors who they hire so everyone knows what is required. It should also detail contingencies between the contractor and the owner for situations in which issues affect the project timeline.

Construction 271

Construction Budget Closing Risk Management 271

ProjectManager.com

AUGUST 15, 2023

When a contractor bids on a project or a manufacturer takes on a job, they need to have an accurate forecast of the price for the project to make a profit, which is why job costing is so important. Job costing can help managers identify inefficiencies and excess costs that can be addressed by automating work or allocating resources better.

Manufacturing 286

Manufacturing Construction Estimate Project Cost 286

ProjectManager.com

MARCH 25, 2021

To keep the project on schedule and within its budget, those changes have to be managed. Because of these changes to budget and schedule, change orders are not acted upon until both the owner of the project and the contractor responsible for the change agree on terms and conditions. Try it free today! What Is a Change Order?

Construction 304

Construction Budget Executing Controlling 304

The IIL Blog

NOVEMBER 15, 2023

November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. VE and VA terms are most frequently used on government projects rather than in traditional project management applications. By Harold Kerzner, Ph.D. And the Future is?

2023 158

2023 Engineering Project Life Cycle Technical Review 158

ProjectManager.com

MAY 20, 2021

Projects can’t start until the contractor and customer have come to an agreement on time, cost and more. Therefore, the scope of work the contractor defines in their bid must be very accurate. Owner: This will be the person or organization who is hiring the general contractor for the construction project.

Construction 246

Construction Software Review Monitoring Executing 246

ProjectManager.com

AUGUST 4, 2022

That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. There are many different types, from design-bid-build, design-build and construction manager at risk to integrated project delivery, job order contracting and public-private partnerships.

Construction 304

Construction Risk Management Risk Closing 304

ProjectManager.com

OCTOBER 18, 2022

A production schedule template is an essential part of your supply chain management. It helps you manage your resources effectively and even supports the sales team as they know when products will be delivered and available for sale. Gantt charts have been essential project management tools for over a century.

Manufacturing 326

Manufacturing Software Review Risk Management Underperforming Technical Team 326

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Monitoring 502

Monitoring Risk Management Controlling Technical Review 502

ProjectManager.com

FEBRUARY 24, 2021

Many construction contracts in the United States are worded so that the owners don’t have to pay the final installment to the contractor until the punch list is executed. It also provides managers a place where they can keep track of the changes and provides data to make decisions along the way. Why Do You Need a Punch List Template?

Construction 241

Construction Closing Estimate Executing 241

ProjectManager.com

JULY 20, 2022

Just as we only look at the building and often neglect the foundation that supports it, the architectural design process is the bedrock of construction project management. That’s why the architectural design process is so important; it organizes the management of the project and offers clear communication on its design intent.

Process 296

Process Construction Software Review Development Team Review 296

ProjectManager.com

DECEMBER 20, 2023

Finally, we’ll offer links to a few free construction project management templates to help manage industrial construction projects. Being able to manage all these elements, including scheduling and the costs involved in industrial construction requires project management software. What Is Industrial Construction?

Construction 348

Construction Transportation Manufacturing Energy 348

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. Procore falls short in many ways.

2024 364

2024 Construction Software Review Technical Review 364

Online PM Courses

NOVEMBER 18, 2018

When we did our roundup of the 50 best Project Management Blogs in 2017 it quickly became one of our most popular posts. You folks do like reading about project management! So, here then is our list of the 52 best Project Management Blogs for 2019. How do People Consume Project Management Blogs?

2019 125

2019 2017 2018 Consulting 125

ProjectManager.com

MAY 13, 2021

Managing a project is complex. Project managers are trained to plan schedules and allocate resources to meet deadlines and stay within budgets. Companies employ contract managers to manage this often-complicated contract process. Companies employ contract managers to manage this often-complicated contract process.

Software Review 235

Software Review Technical Review Logistics Budget 235

ProjectManager.com

APRIL 28, 2021

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money. Predicting risks is another key factor in cost control.

Controlling 308

Controlling Risk Management Estimate Budget 308

ProjectManager.com

FEBRUARY 28, 2023

Product management is a way to organize the development, position and pricing of your product. It helps you manage every step of the process that sees your product go from concept to market. ProjectManager is award-winning project management software, but we understand that not everyone is ready to upgrade right away.

Software Review 289

Software Review Development Team Review Budget Agile 289

ProjectManager.com

DECEMBER 2, 2020

Risk is always present. If we were to try and avoid all risks, it would be paralyzing—not to mention impossible. Project managers don’t have the luxury of locking the door, turning off the lights and hiding in a corner. As you might imagine, there’s a process in project management that addresses risk and how to deal with it.

Risk 421

Risk Planning Risk Management Monitoring 421

ProjectManager.com

MAY 10, 2022

ProjectManager is a cloud-based work and project management software that lets users track time and costs. This type of contract manufacturing is when the contractor delivers a finished product, as specified by the company that hired them. They are hired by a general contractor who needs their specialized services.

Manufacturing 195

Manufacturing Underperforming Technical Team Software Review Monitoring 195

The IIL Blog

MAY 17, 2023

and Cynthia Snyder Dionisio, MBA, PMP We have all attended project management workshops, conferences, and symposiums. We have read books and journal articles on various project management topics. What we ended up learning was about the present state-of-the-art of project management and what the future might look like.

Aerospace 147

Aerospace Technical Review Underperforming Technical Team Governance 147