article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

So for the sake of argument, let’s compare them head to head, and may the best project management methodology win! Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. What Is Kanban?

SCRUM 415
article thumbnail

What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Henry Gantt’s Biography & Role in Gantt Chart History

ProjectManager.com

During this time he was writing articles, such as “A Bonus System of Rewarding Labor” and “A Graphical Daily Balance in Manufacture” for various trade magazines. Later he published Work, Wages and Profits: Their Influence on the Cost of Living (1910), Industrial Leadership (1916) and Organizing for Work (1919).

article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

As such, you may have a bit more influence on these if appropriate actions are taken early. Once common risk is lack of support from a key project sponsor. As the excitement of a project fades, you might see sponsors stop attending meetings, not making key decisions, or not showing much interest in the project’s success.

Risk 319
article thumbnail

The Meta City, Remote Work, & the Strategic Project Manager

The Strategic Project Manager

The Evolving Organizational Ecosystem The Meta City phenomenon is influencing much mor than just recruiting. It is influencing manufacturing, distribution, financing, marketing and sales. It is important to consider the context of project decisions within this long term mega trend.

article thumbnail

An Introduction to Vendor Management

ProjectManager.com

Another tool is called a Contracted Service Management (CSM) system, which works with the software of large manufacturing facilities to capture real-time data between vendors and clients. This collaborative effort helps simplify the timekeeping process and improves project cost visibility. The Role of Vendor Managers.

article thumbnail

Resource allocation 101: How to manage your team’s resources

Planio

If the bricks are delivered late, your project will be delayed. If the bricks are in high demand, the manufacturer might raise the price, causing you to exceed your budget. But what might influence your decision to allocate resources? If you get the wrong type of bricks, the scope and quality of your house will be wrong.