article thumbnail

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

Now that we’ve determined what a project is, we can define project management as a discipline. What Is Project Management? Project management is a discipline that consists in using project management methodologies, tools and techniques to manage the project life cycle, which is a set of stages that are common to every project.

article thumbnail

Project Documentation: 10 Essential Project Documents

ProjectManager.com

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?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Construction Cost Management: Managing Construction Costs

ProjectManager.com

For general contractors, this keeps projects from overspending and chewing away at their bottom line. Effective construction cost management ensures that the spending throughout the project life cycle is on track. Every project phase is impacted by construction cost management.

article thumbnail

12 Free Project Planning Templates for Excel and Word

ProjectManager.com

The project charter template defines the project and shows the plan that will outline the milestones, tasks, dependencies and resource management plan. Project Budget Template All projects cost money. A risk register allows you to list all your project risks, their potential impact, priority level and more.

Planning 358
article thumbnail

Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

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”. First of all, you need data.

article thumbnail

What is ROM and how to calculate it (with example)

Rebel’s Guide to PM

A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. What is a ROM estimate?

Estimate 279
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Scrum boards and kanban boards break the project into smaller, more manageable pieces. They’re embraced by self-organizing teams who continuously optimize based on project data. When to Use Kanban Kanban boards can be used by any organization that needs to manage tasks, workflows, projects or business processes.

SCRUM 411