ProjectManager.com

JANUARY 25, 2024

Projects cost money. Those funds have a life cycle of their own and project managers must understand how those costs come in and out of the project and organization. That process is called project cash flow. We’ll look at project cash flow, what it is and how to calculate and manage it. What Is Project Cash Flow?

Construction 356

Construction Project Cost Budget Monitoring 356

ProjectManager.com

DECEMBER 13, 2023

The project budget is developed during the planning phase of a project. It’s a document that captures the total costs required to complete a project over a specified timeframe. The more accurate your forecast for project costs, the more likely you’ll be able to deliver a successful project and make a profit.

Budget 351

Budget Construction Estimate Executing 351

Function Point

JUNE 21, 2022

A good creative brief is the foundation of any successful project. No matter how complicated or simple the project, having a solid brief ensures you get started on the right track. In this blog, we’ll cover 3 tools that will help you create better briefs and run more profitable projects. Brief Templates.

Initiating 52

Initiating Budget Executing Estimate 52

ProjectManager.com

SEPTEMBER 28, 2023

To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. But what are project metrics? Why are they so important to a project?

Budget 329

Budget Risk Management Software PMI 329

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. But what exactly is financial project management? What Is Project Financial Management? Naturally, project management software facilitates these benefits.

Finance 335

Finance Estimate Budget Risk Management 335

ProjectManager.com

NOVEMBER 23, 2023

Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized. Two concepts that underlie capital budgeting are opportunity cost and the time value of money, both of which address the long-term nature of most capital projects. What Is Capital Budgeting?

Budget 346

Budget Technical Review Software Review Executing 346

ProjectManager.com

SEPTEMBER 19, 2023

Being able to make accurate estimates of your manufacturing costs is critical to a company’s profitability and competitive advantage. Project management software helps manufacturers track production costs. ProjectManager is award-winning project management software that tracks manufacturing costs in real time.

Manufacturing 348

Manufacturing Transportation Software Review Monitoring 348

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects.

Controlling 334

Controlling Manufacturing Construction Underperforming Technical Team 334

ProjectManager.com

MARCH 7, 2024

ProjectManager is award-winning project and portfolio management software that has powerful roadmaps that help managers track their initiatives, allocate resources and ensure that they’re on track to meet their long-term plans. Profit: Here a company will outline plans to increase revenue while keeping costs down.

Underperforming Technical Team 409

Underperforming Technical Team Initiating Defining Leadership 409

Epicflow Blog

MARCH 30, 2023

How can organizations ensure sustainable business growth and increase profitability during an economic downturn? Is it at all possible when a great number of companies are cutting their expenses, postponing new projects, and reducing investments in an attempt to survive? In fact, it is! Let’s dive deeper into the issue.

Technical Review 52

Technical Review Software Review 2008 Sustainability 52

ProjectManager.com

JANUARY 2, 2024

This concept is an important part of project portfolio management (PPM) and project management offices (PMOs). This can apply to a business or a project team. To organize and manage this process, businesses employ project management techniques and tools, such as project management software.

Planning 352

Planning Manufacturing Executing Risk Management 352

ProjectManager.com

MARCH 13, 2024

Resources, such as people, materials and equipment, are needed to deliver projects. Being able to plan, manage and track those resources to meet the needs of a business is called project ERP or enterprise resource planning (ERP) project management. What Is a Project ERP? A project ERP can be expensive.

Manufacturing 385

Manufacturing Finance Construction Risk Management 385

ProjectManager.com

SEPTEMBER 13, 2023

Then, we’ll wrap up with how project management software can help with manufacturing operations management. It aims to reduce waste, create better products and boost both customer satisfaction and company profits. This is all facilitated by the use of project management software. That means fewer losses and more profits.

Manufacturing 358

Manufacturing Logistics Transportation Controlling 358

ProjectManager.com

OCTOBER 20, 2023

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan?

Construction 325

Construction Planning Risk Management Estimate 325

ProjectManager.com

AUGUST 15, 2023

Projects are expensive. 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. Using job costing can also help future projects. Learn more What Is a Costing Sheet?

Manufacturing 286

Manufacturing Construction Estimate Project Cost 286

ProjectManager.com

FEBRUARY 15, 2024

Gantt charts have been a fundamental project management tool for over a century, and it’s easy to understand why. They provide a visual overview of project tasks and the timeframe in which they need to be completed. ProjectManager’s construction Gantt charts help you plan, manage and track projects in real time.

Construction 360

Construction Software Review Planning Estimate 360

ProjectManager.com

APRIL 5, 2024

Project management software can help organizations keep to their maintenance schedule. ProjectManager is award-winning project and portfolio management software with multiple project views that help keep maintenance schedules on track. However, project management software, such as ProjectManager can.

Manufacturing 317

Manufacturing Construction Software Review Healthcare 317

ProjectManager.com

JULY 11, 2023

Every business, even a not-for-profit business, needs a budget. This blog also explains the importance of business budgeting and details how to create a business budget. A business budget will also help you understand how much money you need for the future in terms of sales, profit and your cash position.

Budget 278

Budget Software Review Estimate Risk Management 278

Scrum.org

DECEMBER 4, 2023

This blog is a continuation of my previous one , where I mainly focused on customers. This is a typical purpose for such organizations (unless they are non-profit). Make a profit/save costs - Product Owners should not forget about it. It is time to share some thoughts about business value for organizations.

Agile 181

Agile Innovation SCRUM Defining 181

ProjectManager.com

MARCH 26, 2024

Construction projects must adhere to many codes and regulations. While some regulations are federal, many change depending on the municipality where the project is being done. Before a construction project can be completed, it must pass a building inspection. The first time is before the project begins.

Software Review 389

Software Review Technical Review Construction Retail 389

ProjectManager.com

NOVEMBER 3, 2023

In order to produce the right amount of product units, manufacturers need to forecast their future sales figures and also include the number of units needed for them to sell in order to make a profit after labor and material costs. Project management software can help.

Budget 322

Budget Manufacturing Software Review Estimate 322

ProjectManager.com

AUGUST 23, 2023

Just as a body works best when healthy, such is also the case with a project. To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. What Is Project Health? Project management software acts as the thermometer for the project.

Monitoring 294

Monitoring Risk Management Budget Risk 294

ProjectManager.com

MARCH 21, 2024

This is true in other industries where maintenance planning is essential to successful projects and productivity. The ability to keep teams working at capacity, but not overworked and threaten burnout and poor morale requires project management software. What do we mean when we say maintenance planning? They’re not efficient.

Manufacturing 335

Manufacturing Planning Construction Software Review 335

ProjectManager.com

MARCH 20, 2024

Construction projects are structured with schedules, budgets and resource allocation. Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. A preconstruction meeting ensures that all those parts are working together on a common goal.

Construction 332

Construction Software Review Underperforming Technical Team Estimate 332

Resource Guru

JUNE 8, 2023

Welcome to part three of our agency project management series. In part one of this series, we covered the basics of agency project management , followed by part two, where we walked you through five agency project management methodologies. This ensures projects stay on track, deadlines are met, and time is managed effectively.

Process 52

Process Monitoring Risk Management Underperforming Technical Team 52

ProjectManager.com

NOVEMBER 29, 2023

This is done through analysis, planning and managing costs that are related to IT operations, projects and services. That’s a lot of responsibility, but it can be handled more effectively with project management software. If not, then the project shouldn’t be initiated.

Infrastructure 322

Infrastructure Finance Executing Governance 322

ProjectManager.com

JANUARY 9, 2024

Managing the workforce in a construction project is a complicated endeavor. There are so many different subcontractors and all have to work together to deliver the project on time and within budget. The purpose is to help those projects be delivered on time and within budget. The following is a list of them.

Construction 355

Construction Process Estimate Monitoring 355

ProjectManager.com

JUNE 7, 2023

There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit. What Is Cost Breakdown Analysis?

Manufacturing 249

Manufacturing Estimate Project Cost Influencer 249

ProjectManager.com

JANUARY 31, 2024

Coming up with long-term goals for a business or organization is just the beginning of a five-year project. This was originally used for nonprofit organizations but later expanded to for-profit businesses and government agencies. In other words, there needs to be a project plan, schedule, resources, etc.

Performance Measurement 399

Performance Measurement Governance Government Initiating 399

ProjectManager.com

SEPTEMBER 21, 2023

Construction projects are notoriously difficult. That’s what a general contractor is in construction project management. There’s also more than one type of general contractor, so we’ll explain that as well, plus show the average salary for a general contractor and why it’s important to have one for your construction project.

Construction 344

Construction Software Review Engineering Retail 344

ProjectManager.com

MARCH 8, 2024

An army of subcontractors each with their own specific discipline complete construction projects. We’ll also note the difference between an RFI in construction and other construction project management documents before going into the construction RFI process, the different types of RFIs and more. But how do they know what to work on?

Construction 318

Construction Software Review Engineering Budget 318

Teamweek

APRIL 19, 2024

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. This guide has everything you need to start calculating the ROI of your projects, avoid scope creep, and improve project efficiency.

Underperforming Technical Team 59

Underperforming Technical Team Estimate Risk Management Project Cost 59

Leankor

APRIL 13, 2021

Large-Scale B2B Telecom Projects: Managing Profitability from Order to Cash. In a digitally connected—and digital-reliant—world, it should come as no surprise that the volume of complex, large-scale B2B telecom projects is on the rise. Opportunity Development: Managing Work Even Before the Project Work Begins.

Telecoms 36

Telecoms Lean Risk Management Influencer 36

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. The pricing model will cut into your profit margins.

2024 364

2024 Construction Software Review Technical Review 364

ProjectManager.com

MARCH 21, 2023

Finally, learn how project management software can track the cost of production to help you control it in your production line. For example, if the cost of production is always higher than the profits that a company brings in, that product or service must be discontinued in order to keep within budget. What Is Cost of Production?

Manufacturing 291

Manufacturing Software Review Retail Budget 291

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. They all share similar responsibilities, but one deals with an organization’s project and the other deals with either a program, a group of related projects or a portfolio of projects.

PMO 347

PMO Software Review Governance Government 347

Paymo App

APRIL 2, 2018

People are gradually becoming more interested in project management as an independent topic and as a possible career. But through this clutter, how easy is it to find the most valuable blog feeds out there? Additionally, we analyzed their Ahrefs Domain Rating (DR) that shows the strength of the blog’s backlink profile.

Influencer 112

Influencer Prince2 Software Review SCRUM 112