ProjectManager.com

MARCH 2, 2020

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. What Are Project Controls? Cost estimates.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

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?

Construction 295

Construction Risk Management Risk Infrastructure 295

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 300

Risk Management Risk Software Review Monitoring 300

Rebel’s Guide to PM

MARCH 10, 2022

There is a project management formula that will help answer those questions. In this article, I’ll explain what Estimate at Completion is for project managers, how to use it (because there are 4 different ways) and give you examples. What is EAC in project management? What is the formula for estimate at completion?

Estimate 409

Estimate Software Review Budget Cadence 409

ProjectManager.com

AUGUST 21, 2019

Good cost estimation is essential for keeping a project under budget. Many costs can appear over the life cycle of a project, and an accurate estimation method can be the difference between a successful plan and a failed one. Estimation, however, is easier said than done. Projects bring risks, and risks bring unexpected costs.

Estimate 315

Estimate Technical Review Project Cost Governance 315

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”.

Risk Management 52

Risk Management Controlling Risk Aerospace 52

Scrum.org

FEBRUARY 13, 2024

Estimation is a complementary practice Scrum Teams use in Product D evelopment. The purpose of estimation is to provide a rough idea of how much effort, time, and budget are needed to complete specific features or PBI- Product Backlog Item of the product.

Estimate 157

Estimate Underperforming Technical Team SCRUM Innovation 157

Velociteach

FEBRUARY 19, 2024

The podcast by project managers for project managers. We are taking a fresh look at project estimation. Table of Contents 02:10 … Project Estimating Course 03:56 … What do We Estimate? WENDY GROUNDS: Welcome to Manage This, the podcast by project managers for project managers.

Estimate 61

Estimate Technical Review Software Review Underperforming Technical Team 61

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. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 335

Finance Estimate Budget Risk Management 335

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 337

Software Review Estimate Defining Budget 337

ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 399

Risk Risk Management Project Life Cycle Software Review 399

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 337

Underperforming Technical Team Risk Management Software Review Budget 337

Project Risk Coach

APRIL 26, 2021

Think about it for a minute – what have you done in the last six months to improve your cost management? Let's look at some practical ways to actually improve your cost management. Consider John, a savvy project manager, who was asked to manage a project aimed at replacing a dated network system. Perform change control.

Estimate 397

Estimate Risk Management Budget Controlling 397

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free. Learn more.

Construction 325

Construction Planning Risk Management Estimate 325

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. Without a plan, projects are in trouble. Why Use Project Planning Templates?

Planning 364

Planning Software Review Risk Management Budget 364

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. Inadequate Planning and Estimation Insufficient planning and inaccurate estimation of resources, time, and budget are common culprits in troubled projects.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? Why is Risk Management in Agile Projects Even a Question?

Risk Management 98

Risk Management Risk Agile Technical Review 98

Rebel’s Guide to PM

APRIL 17, 2024

However, project managers should know about their project’s critical path, especially if there are lots of dependent tasks and the dates are a challenge. An experienced project manager will protect critical path activities so the overall project duration is preserved. Being ready to fast-track the schedule if needed.

Critical Chain 341

Critical Chain Software Review Budget Risk Management 341

ProjectManager.com

JANUARY 17, 2022

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint.

Budget 502

Budget Estimate Controlling Risk Management 502

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 393

Software Review Underperforming Technical Team Lean Event Chain 393

Project Risk Coach

MARCH 2, 2021

Unforeseen risks knock at your door. You look at your budget, but you don't have the funds to respond to these risks. Let's explore management reserves for projects, who controls them, and how to estimate the reserves. These risks are known – that is, they've been identified. What is a Management Reserve?

Budget 284

Budget Estimate Controlling Performance Measurement 284

ProjectManager.com

JULY 5, 2023

That’s why construction cost management is so important. Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better.

Construction 306

Construction Estimate Monitoring Budget 306

ProjectManager.com

DECEMBER 9, 2019

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

Risk 452

Risk Risk Management Estimate Project Life Cycle 452

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

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 369

Construction Estimate Budget Monitoring 369

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

Planning 343

Planning Estimate Risk Management Budget 343

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

Rebel’s Guide to PM

NOVEMBER 2, 2023

Managing resources in professional services firms is crucial for maintaining sustainability and achieving anticipated employee performance goals. But unfortunately, many resource managers have to rely on approximation and guesswork because they don’t have the right tools and techniques. Let us begin with the basics.

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

ProjectManager.com

AUGUST 22, 2023

There are many ways to avoid project failure, one of which is using project management software. ProjectManager is award-winning project management software that empowers teams to plan, manage and track projects in real time. ProjectManager has Gantt charts to plan, manage and track projects in real time. Learn more.

Estimate 280

Estimate Software Review Budget Controlling 280

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

MPUG

JANUARY 8, 2024

The Project Management Institute defines a project as “a temporary endeavor undertaken to create a unique product, service, or result.” The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. But that’s not what 90% or more of Project Managers need.

Estimate 52

Estimate Technical Review Risk Management Closing 52

Rebel’s Guide to PM

OCTOBER 10, 2016

A statistical model for estimating isn’t normally something I’d put in the ‘make my job easy’ box, but I might just have found one that works. Davis, MSPM, PMP and Project Management Superhero. Davis, MSPM, PMP and Project Management Superhero. What if you want an estimate that is, say, 75% reliable? Or 90% reliable?

Estimate 150

Estimate Software Review Technical Review 2016 150

ProjectManager.com

MARCH 20, 2024

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

Construction 332

Construction Software Review Underperforming Technical Team Estimate 332

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. How many knowledge areas are there in project management?

PMI 205

PMI Risk Management Risk Technical Review 205

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. The only difference from a Gantt chart used in any other industry is that it manages construction tasks. ProjectManager’s construction Gantt charts help you plan, manage and track projects in real time.

Construction 360

Construction Software Review Planning Estimate 360

Project Pulse Journal

NOVEMBER 24, 2023

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? This is where Monte Carlo Simulation transforms the art of project risk management into a more precise science, as part of quantitative risk analysis.

Risk Management 52

Risk Management Risk Engineering Estimate 52

Scrum.org

JULY 10, 2018

Often I hear people say that Scrum does not take care of risk: there is no risk log, risk is not on the agenda of the Sprint Review or Retrospective as a standard agenda-item. That's a risk right there! How is risk managed in Scrum? Scrum is all about risk management. Different types of risks.

Risk Management 122

Risk Management Risk Technical Review Underperforming Technical Team 122