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Resource Management: Process, Tools & Techniques

ProjectManager.com

Resource management is the process of planning, scheduling and allocating resources to complete a project. Project managers are in charge of overseeing the resource management process from start to finish. Resource management involves creating plans and processes so that those resources can be managed. Learn More!

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. We’ll get into the benefits of a schedule of values in a moment, but the use of this project document helps with financial control, payment management, project monitoring and documentation throughout the project.

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Organizational Resources Basics: Managing Company Resources

ProjectManager.com

Resource management is the process of allocating those resources as efficiently as possible. This means understanding your business operations, which are the routine tasks and processes used to generate revenue. Resource management involves the monitoring and control of your team’s workload. What Are Organizational Resources?

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Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them. To help with this process, we’ll define resource requirements and link to a free resource plan template. One must consider costs when estimating and managing project resource requirements.

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7 Budget Templates for Business & Project Budgeting

ProjectManager.com

7 Budgeting Templates for Business and Project Budgeting Below are seven budget templates that you can use for estimating your project’s costs. We publish weekly blogs on the topic, and have in-depth guides, tutorial videos and free project management templates for Excel and Word.

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Top 10 Project Management Qualifications

ProjectManager.com

Video: Project Management Qualifications Overview Learn about the top-10 project management qualifications in this tutorial video featuring Jennifer Bridges, PMP. Project planning is the second stage in project management, after initiation and before execution, monitoring and controlling and closing. Thanks for watching!

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Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

It’s also referred to as participative budgeting as department managers are given a role in the process. For one, it brings all the departments into the budgeting process. Executives will appreciate that bottom-up budgeting leads to more accurate estimates throughout the organization. What Is Top-Down Budgeting?

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