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Agency capacity planning: 11 steps to better margins

Resource Guru

When resources are allocated optimally, projects can progress smoothly, reducing delays and rework. Improved profitability Efficient capacity planning can improve profitability by reducing resource waste and cost overruns. Plus, it’ll help you better estimate project costs and allocate resources effectively to maximize margins.

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The Best 53 Project Management Blogs You Should Be Reading

Paymo App

But through this clutter, how easy is it to find the most valuable blog feeds out there? Project management blogs and resources can be a primary source of knowledge, especially if project management (PM) experts contribute to them. And if you’re not yet familiar with project management, don’t worry!

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Bottom-Up Estimating: A Comprehensive Guide

Teamweek

Let’s say you’re a project manager who needs to estimate the time and cost needed for a web development project. Finally, add up all your estimates and develop an overall duration and cost estimate for your project. Bottom-up estimating means breaking down a project into smaller work packages.

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What is a Statement of Work? A Guide for Project Managers

Teamweek

Nobody likes doing paperwork, no matter what services you sell or the industry you’re in. But the most important document of any client project is a statement of work (SOW). It helps prevent misunderstandings and project management problems. Serve as a reference for later evaluation of the project’s success.

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Time and Materials Contracts: The Definitive Guide [w/ Template]

Teamweek

A time and materials contract is a legally binding agreement that establishes a project’s cost based on the time taken and the material prices used to complete it. This contract type is common across multiple industries—e.g., construction contracts, product development contracts, and accounting contracts.

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The Ultimate Guide To Project Management For Marketing & Ad Agencies

Teamweek

Project management processes make sure that you have a systematic workflow to address each stage of the project—from initiation to closure. But what’s specific to project management for marketing agencies? First, unlike other industries, marketing and advertising projects are more people-focused. This leads us to….

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Clockify vs Toggl: A Definitive Comparison [November 2023]

Teamweek

Analytics and reports Activity dashboard that displays logged time and project costs at a glance. Reports on projects, profitability, ROI, and other vital business metrics. This feature set makes Clockify the perfect time tracking tool for companies that expect industrial efficiency from their workforce.

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