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Software Development Estimation: A Quick Guide

ProjectManager.com

Software development estimation is an essential part of many projects. Even before the planning stage , it’s critical to create an accurate forecast of the project’s duration, costs and more. Despite its importance, software development estimation is often overlooked. Learn more.

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How to Manage Your Project Pipeline With Software

ProjectManager.com

Projects have a beginning, middle and end. That’s called the project life cycle. When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. What is a project pipeline?

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Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

When a project is planned, a set of steps are outlined to deliver a product or service. Think of resource requirements as the fuel that drives all project activities. Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them.

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Rough Order of Magnitude (ROM): Understanding ROM Estimates

ProjectManager.com

No one needs to tell you that projects cost money. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates?

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Project Financial Management: Managing Project Financials

ProjectManager.com

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?

Finance 334
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Time Estimation for Project Managers: Tips & Techniques

ProjectManager.com

Project managers sing this sad song, but don’t expect the chorus to join in. Keeping to the project’s schedule is one of the three prongs of the triple constraint. Time rules all projects. Time Estimation Matters. With those odds, whoever can figure out how to stop the clock is going to be a super project manager.

Estimate 306
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The Gantt Chart in Construction Project Management: Understanding the Best Planning & Scheduling Tool

ProjectManager.com

Gantt charts have been a fundamental project management tool for over a century, and it’s easy to understand why. They provide a visual overview of project tasks and the timeframe in which they need to be completed. The only difference from a Gantt chart used in any other industry is that it manages construction tasks.