Budget, Document, Monitoring and Risk Management

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? ProjectManager’s Gantt charts help you plan, manage and track IT costs.

Budget

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Project Monitoring and Control: Tools & Steps

ProjectManager.com

JUNE 28, 2023

Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. What Is Project Monitoring and Control?

Monitoring

Monitoring Controlling Software Review Risk Management

Project Documentation: 10 Essential Project Documents

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? Get started for free.

Project Life Cycle

Project Life Cycle Software Review Infrastructure Risk Management

Webinars

The Project Clinic: Assessing Project Health, Planning, and Execution

Don’t Get Left Behind: Leveraging Modern Product Management Across the Organization

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How to Create a Project Initiation Document (Template Included)

ProjectManager.com

JULY 26, 2023

This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups. That’s why a project initiation document (PID) is so important. To understand why, let’s define the term and compare it to other project documentation.

Initiating

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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

FEBRUARY 6, 2024

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Google Sheets helps with collaboration but it isn’t a true project management software.

Budget

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8 Free Risk Management Templates for Excel

ProjectManager.com

JANUARY 24, 2023

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

Risk Management

Risk Management Risk Software Review Monitoring

How to Create an Event Budget

ProjectManager.com

NOVEMBER 22, 2022

Having to make an event budget adds another layer of stress. But it doesn’t have to be a nightmare if you follow a few simple steps to creating an event budget. If you’re struggling with the event budget it can negatively impact the whole event. What Is an Event Budget? How to Create an Event Budget. Learn more.

Budget

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Project Budget Template for Excel

ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

Budget

Budget Estimate Risk Management Monitoring

Construction Risk Management: An Introduction

ProjectManager.com

AUGUST 13, 2021

There is heavy equipment, crews working in precarious situations and complicated logistics to manage. How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan.

Construction

Construction Risk Management Risk Underperforming Technical Team

Create & Manage a Project Budget Using Software

ProjectManager.com

MARCH 21, 2022

Whether you’re a numbers person or not, as a project manager, ownership of a budget is usually a key part of your job responsibilities. Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. What Is a Project Budget? Learn More!

Budget

Budget Software Review Software Estimate

CM at Risk (CMAR): Pros & Cons of Construction Management at Risk Delivery Method

ProjectManager.com

JULY 21, 2022

Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. But that doesn’t mean CM at risk is right for you as there are pros and cons to this innovative approach. What Is Construction Management at Risk? Learn more.

Construction

Construction Risk Management Risk Infrastructure

How to Write a Business Requirements Document (BRD)

ProjectManager.com

SEPTEMBER 22, 2022

It’s easy to get lost in the weeds when you’re managing a project. There are day-to-day operations that the project manager obsesses over, but they also need to see the big picture. That’s why a business requirements document is so important. What Is a Business Requirements Document?

Technical Review

Technical Review Software Review Defining Risk Management

The Budgeting Process in Business & Project Management

ProjectManager.com

JUNE 6, 2023

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget.

Budget

Budget Process Software Review Estimate

10 Steps for Successful Project Completion (Templates Included)

ProjectManager.com

MAY 15, 2024

Project planning, execution, monitoring and controlling are often the focus of project management. Project completion is more than delivering on time, within budget and meeting quality expectations. The performance of the budget and schedule are also summarized in the project completion report. That’s a mistake.

Project Life Cycle

Project Life Cycle Software Review Certification Construction

Risk Response Plan in Project Management: Key Strategies & Tips

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk?

Risk Management

Risk Management Risk Planning Monitoring

12 Free Project Planning Templates for Excel and Word

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. That’s how you deliver on time and within budget.

Planning

Planning Software Review Risk Management Budget

100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

AUGUST 29, 2023

Everything you need to know about project management terms is here in one list! Check back often, as this list of project management terminology is ever-evolving, just like project management itself! Check back often, as this list of project management terminology is ever-evolving, just like project management itself!

Software Review

Software Review Underperforming Technical Team Lean Event Chain

Shop Floor Management: Planning, Scheduling and Control

ProjectManager.com

MAY 29, 2024

Then we’ll explore shop floor management, what a shop floor manager does and best practices to achieve the benefits of effective shop floor management. Before understanding shop floor management, it’s important to know what a shop floor is. It is part of the larger shop floor management, which we’ll get into next.

Controlling

Controlling Planning Manufacturing Software Review

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

Underperforming Technical Team

Underperforming Technical Team Risk Management Software Review Budget

How to Make a Risk Management Plan

ProjectManager.com

DECEMBER 3, 2019

You identify them, record them, monitor them and plan for them: risks are an inherent part of every project. Some risks are bound to become problem areas—like executing a project over the holidays and having to plan the project timeline around them. But first, what is risk management? What is Risk Management?

Risk Management

Risk Management Risk Planning Technical Review

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. Budgets are also part of a project. What Is Project Management?

Project Life Cycle

Project Life Cycle Software Review Monitoring Budget

Business Project Management Basics

ProjectManager.com

SEPTEMBER 14, 2023

All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage. What Is Business Project Management?

Software Review

Software Review Monitoring Technical Review Risk Management

How to Manage Your Project Pipeline With Software

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. We’ll get to that in a moment as well as define project pipeline management. ProjectManager’s roadmaps help you manage your project pipeline.

Software Review

Software Review Software PMO Monitoring

Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

DECEMBER 27, 2023

It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? ProjectManager’s Gantt charts manage your human and nonhuman resources.

Construction

Construction Estimate Budget Monitoring

How to manage project tolerances (with PRINCE2® 7 guide)

Rebel’s Guide to PM

SEPTEMBER 24, 2023

Tolerances are an important part of being able to work autonomously as a project manager. However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. Which level of management sets the project tolerances?

Prince2

Prince2 Sustainability Risk Management Budget

Why and How You Should be Creating Your Project’s Risk Management Plan?

nTask

OCTOBER 7, 2021

Project management is no different. A risk management plan is how you can get your team on the same page. Here is everything you need to know about why you should create a risk management plan and how to do so. What are Project Risks? Difference Between a Project Issue and a Project Risk.

Risk Management

Risk Management Risk Planning Monitoring

The Risk Management Plan

Project Risk Coach

NOVEMBER 20, 2017

Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project. Let’s look at how to start the risk management process. How will you identify risks?

Risk Management

Risk Management Risk Planning Monitoring

Managing Project Assumptions and Risks

The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management

Risk Management Risk Cadence 2016

10 Best Buildertrend Alternatives of 2024 (Free + Paid)

ProjectManager.com

MAY 28, 2024

Buildertrend is construction project management software used by residential builders, from custom builders to specialty contractors and remodelers. This cloud-based solution helps to manage projects, reduce errors and increase customer satisfaction. Plan with dependencies, track baselines and filter for the critical path.

2024

2024 Software Review Construction Estimate

10 Key Construction Job Titles: Overview & Salary

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

Construction Estimate Logistics Engineering

Managing Project Assumptions & Risks

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management

Risk Management Risk Cadence 2023

How to Write a Project Summary (Free Template Included)

ProjectManager.com

FEBRUARY 7, 2023

A project summary is a document or part of a larger document that’s comprehensive but concise in providing an overview of the proposed project, including key details. It’s good to have all that documentation in project management software so you can easily turn the project summary into a project plan.

Budget

Budget Risk Management Executing Estimate

Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

MARCH 12, 2024

Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them. What Are Resource Requirements in Project Management? Knowing one’s resource requirements will also help project managers to get the most out of their resources.

Software Review

Software Review Estimate Defining Budget

Project Manager Job Description (with free copy+paste examples!)

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification

Certification Prince2 Monitoring PMI

10 Must-Have Project Management Templates for Google Sheets

ProjectManager.com

AUGUST 1, 2023

There are many ways to manage a project. While project management software is the gold standard, there are many free project management templates for Google that you can download to plan, manage and track your projects. It’s easy to start using these free project management templates for Google.

Risk Management

Risk Management Budget Monitoring Risk

A Quick Guide to Project Charters: Definition, Steps & Key Elements

ProjectManager.com

FEBRUARY 3, 2022

A project charter is a project planning document that sells the project to stakeholders and sponsors. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. The charter also identifies the main stakeholders and defines the authority of the project manager.

Risk Management

Risk Management Budget Defining Software Review

10 Strategies for Successful Project Execution

ProjectManager.com

MAY 19, 2022

Project execution’s key purpose is to complete the work defined in the project management plan and to meet key project objectives. During this phase a project leader will focus on these key processes: Managing people. When you’re executing a project, you need to manage a lot of things: resources, costs, schedule and more.

Executing

Executing Project Life Cycle Software Review Technical Review

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Organizational process assets may also include schedules, risk data and earned value data.

Process

Process Executing Controlling Defining

Uncovering the Role of Risk Owners in Agile Projects

Project Risk Coach

FEBRUARY 20, 2023

It's a simple question, "Who owns the risks in agile projects?" In this article, let's uncover the role of risk owners and how to perform risk management in agile projects. What is a Risk Owner? When it comes to taking ownership of risks, it allows team members to have greater control over their work.

Risk

Risk Agile Risk Management SCRUM

15 Free IT Project Management Templates for Excel, Word & More

ProjectManager.com

JANUARY 31, 2023

These IT project management templates are essential to get those jobs done properly. ProjectManager has dozens of free project management templates for Excel and Word that IT managers need when working on web development, software development, mobile app development, network configuration and so much more.

Technical Review

Technical Review Software Review Risk Management Risk

The 10 Project Management Knowledge Areas (PMBOK)

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

Monitoring Risk Management Controlling Technical Review

What Is Project Accounting? Principles, Methods & More

ProjectManager.com

JUNE 22, 2022

To stick to your project budget, you have to track costs. Project accounting, as with general accounting, is a method by which project managers can manage project finances. Project managers and accountants use project accounting when executing financial tasks on projects. Learn more. How Does Project Accounting Work?

Software Review

Software Review Finance Monitoring Project Cost

Strategic Project Management: Planning Strategic Projects

ProjectManager.com

DECEMBER 6, 2023

Strategic project management understands this. If you haven’t heard the term before, we’ll begin with a definition of strategic project management and explain how strategic projects differ from operational projects. What Is Strategic Project Management? Allocate resources, track time and manage tasks all from one screen.

Planning

Planning PMO Manufacturing Logistics

Project monitoring and control: Complete guide (+ checklist)

Resource Guru

APRIL 13, 2023

Monitoring and controlling a project is an essential part of any successful project process. So come with us as we go down the rabbit hole of monitoring and controlling, and show you just how important it really is. In this article, we’ll cover: What is monitoring and controlling in project management?

Monitoring

Monitoring Controlling Project Life Cycle Software Review

What Is an IT Budget? IT Budgeting Basics (Template Included)

Project Monitoring and Control: Tools & Steps

Webinars

Trending Sources

Project Documentation: 10 Essential Project Documents

Webinars

How to Create a Project Initiation Document (Template Included)

Google Sheets Budget Template: Track Business Costs Online

8 Free Risk Management Templates for Excel

How to Create an Event Budget

Project Budget Template for Excel

Construction Risk Management: An Introduction

Create & Manage a Project Budget Using Software

CM at Risk (CMAR): Pros & Cons of Construction Management at Risk Delivery Method

How to Write a Business Requirements Document (BRD)

The Budgeting Process in Business & Project Management

10 Steps for Successful Project Completion (Templates Included)

Risk Response Plan in Project Management: Key Strategies & Tips

12 Free Project Planning Templates for Excel and Word

100+ Project Management Terms: PM Terminology Explained

Shop Floor Management: Planning, Scheduling and Control

Measuring the Project Management Maturity of Your Organization

How to Make a Risk Management Plan

Project Management Basics: Definitions, Methods and Tools

Business Project Management Basics

How to Manage Your Project Pipeline With Software

Schedule of Values in Construction (Example & Template Included)

How to manage project tolerances (with PRINCE2® 7 guide)

Why and How You Should be Creating Your Project’s Risk Management Plan?

The Risk Management Plan

Managing Project Assumptions and Risks

10 Best Buildertrend Alternatives of 2024 (Free + Paid)

10 Key Construction Job Titles: Overview & Salary

Managing Project Assumptions & Risks

How to Write a Project Summary (Free Template Included)

Resource Requirements in Project Management: A Quick Guide

Project Manager Job Description (with free copy+paste examples!)

10 Must-Have Project Management Templates for Google Sheets

A Quick Guide to Project Charters: Definition, Steps & Key Elements

10 Strategies for Successful Project Execution

Organizational Process Assets: Definitions, Examples & Templates

Uncovering the Role of Risk Owners in Agile Projects

15 Free IT Project Management Templates for Excel, Word & More

The 10 Project Management Knowledge Areas (PMBOK)

What Is Project Accounting? Principles, Methods & More

Strategic Project Management: Planning Strategic Projects

Project monitoring and control: Complete guide (+ checklist)

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