Remove terms-of-use
article thumbnail

Workforce Planning Basics for Businesses and PMOs

ProjectManager.com

One way to make sure you’re supporting your team and project alike is with workforce planning. Workforce planning is important and we’ll show you why. Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. What Is Workforce Planning?

Planning 344
article thumbnail

Tactical Planning: Creating a Tactical Plan for Your Business

ProjectManager.com

Tactical planning is the practical counterpoint to strategic planning, which describes the overall direction of an organization. Tactical planning tells you how to get there. Let’s dive a bit deeper into the subject and explain how it differs from other types of planning, its benefits and more. What Is Tactical Planning?

Planning 353
Insiders

Sign Up for our Newsletter

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

article thumbnail

Rough Order of Magnitude (ROM): Understanding ROM Estimates

ProjectManager.com

Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates? We’ll explain the process, define the term and detail the steps for making a rough order of magnitude estimate. You’ll also find it being used in IT projects and construction projects.

Estimate 352
article thumbnail

The Gantt Chart in Construction Project Management: Understanding the Best Planning & Scheduling Tool

ProjectManager.com

Gantt charts in construction can be used for any number of different activities. A construction Gantt chart is simply a Gantt chart used in construction. The only difference from a Gantt chart used in any other industry is that it manages construction tasks. Learn more What Can a Gantt Chart Be Used for in Construction?

article thumbnail

Calculating Estimate at Completion (EAC)

ProjectManager.com

Even the most meticulously planned projects experience unforeseen changes, and when this happens, we need to quantify the effect these changes have. One of these formulas solves for Estimate at Completion — an important metric for monitoring a project budget. What is Estimate at Completion (EAC)? Estimate at Completion Formula.

Estimate 266
article thumbnail

What is Level of Effort (LOE)? Plus, 5 Tips for Effort Estimation

ProjectManager.com

Level of effort (LOE) is a project management term that refers to a specific type of project activity called support activities. These reports should be created throughout the project lifecycle to check progress and compare it against the project plan. Support activities do not yield deliverables, but rather fuel tasks that do.

Estimate 411
article thumbnail

How to Make a Construction Phase Plan (Templates Included)

ProjectManager.com

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan?