Remove Budget Remove Energy Remove Project Cost Remove Risk Management
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Project Management Process Groups: A Quick Guide

ProjectManager.com

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? Project management software helps project managers stay on top of each of these process groups.

Process 306
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. Can project management software facilitate this work? This is usually a multi-year project, often four to six years.

Planning 322
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11 project risk examples: Watch out for these common pitfalls

Planio

Project management is a risky business. Whether you’re launching a new product, migrating an IT server, or remodeling an operational process, project uncertainty contributes to 66% of projects failing (or partially failing) every year. Knowing what risks you could face is a project management superpower.

Risk 88
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Resource allocation 101: How to manage your team’s resources

Planio

Ask a hundred project managers what one of their biggest sources of frustration is and at least half will tell you some variation of the same theme: resource allocation. Whether it’s people, raw materials, or cold hard cash, projects can’t function without resources. As you can see, resource management is full of pitfalls.

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We Asked, You Answered: Your Top Project Management Visibility Issues

LiquidPlanner

According to research, 70% of organizations have suffered at least one project failure in the prior 12 months. Over the years we’ve talked to many people who managed these projects to better understand their needs and what could have helped them succeed. Time, effort, and energy is lost without any transparency achieved.

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15 Reasons Why Your Team Should Track Time

LiquidPlanner

Workers may cite that estimating and tracking their time is a menial task, that it takes too much time, or that it’s an unnecessary step in managing projects effectively. Manage scope creep. Protecting your employee’s valuable time and energy is essential. Manage your team better. Create realistic timelines.

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A