Epicflow Blog

MARCH 22, 2024

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”. So, what do you need for an efficient risk analysis?

Risk Management 52

Risk Management Controlling Risk Aerospace 52

ProjectManager.com

OCTOBER 12, 2023

ProjectManager’s API gives customers the tools to develop, implement and manage their own bespoke integrations between two systems. ProjectManager is award-winning project management software that helps you plan, manage and track your projects in real time. Do you have more questions?

Risk Management 335

Risk Management Project Cost Risk Budget 335

ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget.

Performance Measurement 351

Performance Measurement Risk Management Budget Monitoring 351

ProjectManager.com

MAY 16, 2024

Then we’ll explore scenario planning in business and project management before explaining the steps that must be taken to use this process. Scenario planning is a strategy used to consider possible future events for an organization or project to develop an effective and relevant long-term plan to respond positively to that change.

Planning 343

Planning Software Review Underperforming Technical Team Risk Management 343

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

nTask

MARCH 2, 2022

Unexpected costs, events, and miscalculations can take your project down the hill in no time. This is where project cost management jumps in. Cost management helps you to mitigate the risk of any surprise costs and budget constraints. What is Project Cost Management?

Project Cost 88

Project Cost Underperforming Technical Team Estimate Budget 88

Planio

MARCH 11, 2024

Project management is a risky business. Whether you’re launching a new product, migrating an IT server, or remodeling an operational process, project uncertainty contributes to 66% of projects failing (or partially failing) every year. Knowing what risks you could face is a project management superpower.

Risk 88

Risk Technical Review Risk Management Budget 88

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job.

Certification 357

Certification Leadership Risk Management Budget 357

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. It’s more than just keeping up with costs. There’s a lot of planning, managing and tracking involved. What Is Project Financial Management?

Finance 335

Finance Estimate Budget Risk Management 335

ProjectManager.com

AUGUST 10, 2022

A successful project starts with a successful estimate. To properly schedule the work to execute your project, you need to know the timeline, costs, scope, risk and more. All of these considerations are part of project estimation techniques. What Are Project Estimation Techniques?

Estimate 352

Estimate Software Review Risk Management Risk 352

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that.

Controlling 334

Controlling Manufacturing Construction Underperforming Technical Team 334

ProjectManager.com

APRIL 28, 2021

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money. Seven Tips for Better Cost Control.

Controlling 307

Controlling Risk Management Estimate Budget 307

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. What are the project management Knowledge Areas?

PMI 207

PMI Risk Management Risk Technical Review 207

Project Risk Coach

APRIL 5, 2021

Have you left anything out of your project management plan? Check out this checklist to help you identify the baselines and plans that will be most helpful to each of your projects. As I define a project management plan, I strive for clarity, brevity, and simplicity. schedule management plan) Ancillary plans (e.g.,

Planning 379

Planning Project Life Cycle Defining Controlling 379

ProjectManager.com

FEBRUARY 3, 2022

But there are a lot of elements to any successful project charter. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. We’ve included a free project template charter to help as an example of what a project charter should include.

Risk Management 510

Risk Management Budget Defining Software Review 510

ProjectManager.com

AUGUST 1, 2023

There are many ways to manage a project. While project management software is the gold standard, there are many free project management templates for Google that you can download to plan, manage and track your projects. They cover all phases of the project through its life cycle.

Risk Management 286

Risk Management Budget Monitoring Risk 286

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). A project intake process is beneficial for an organization. We’ll explain why as well as what to look out for when evaluating those project requests. Project management is all about efficiency, after all.

Process 351

Process PMO Software Review Estimate 351

ProjectManager.com

JANUARY 17, 2022

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. What Is the Triple Constraint in Project Management?

Budget 502

Budget Estimate Controlling Risk Management 502

ProjectManager.com

OCTOBER 19, 2022

No one needs to tell you that projects cost money. But how much they’ll cost is an open question. 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.

Estimate 351

Estimate Software Review Budget Project Cost 351

ProjectManager.com

OCTOBER 18, 2022

A production schedule template is an essential part of your supply chain management. It helps you manage your resources effectively and even supports the sales team as they know when products will be delivered and available for sale. Gantt charts have been essential project management tools for over a century.

Manufacturing 326

Manufacturing Software Review Risk Management Underperforming Technical Team 326

ProjectManager.com

MAY 29, 2024

Then we’ll explore shop floor management, what a shop floor manager does and best practices to achieve the benefits of effective shop floor management. Before understanding shop floor management, it’s important to know what a shop floor is. It is part of the larger shop floor management, which we’ll get into next.

Controlling 372

Controlling Planning Manufacturing Software Review 372

ProjectManager.com

AUGUST 15, 2023

Project management is all about solving problems before they happen. But even the best planning isn’t going to avoid challenges throughout the project. Let’s look at 15 project management challenges and how to deal with them. Let’s look at 15 project management challenges and how to deal with them.

Estimate 316

Estimate Software Review Monitoring Risk Management 316

ProjectManager.com

MARCH 2, 2020

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. In fact, it works throughout the entire life cycle of a project.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups.

Initiating 285

Initiating Software Review Prince2 Risk Management 285

nTask

MARCH 30, 2022

According to a report generated by PMI , 14% of the IT projects surveyed and started by companies in the organizational paradigm are deemed failures. Today, we will discuss project cost management, the benefits associated with it, and the steps involved in the overall cost management process.

2022 88

2022 Project Cost Construction Budget 88

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Everything!

Monitoring 501

Monitoring Risk Management Controlling Technical Review 501

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. A large project (or a small one) starts with the small stuff and builds to something bigger and more complex. 10 Simple Steps to Start a Project Projects can seem complicated and they certainly can be.

Estimate 271

Estimate Budget Defining Risk Management 271

ProjectManager.com

SEPTEMBER 2, 2022

Then there are your stakeholders whose expectations must be managed. Project reports are tools that project managers use to extract valuable project data. Using Excel Report Templates for Project Management. Excel Report Templates for Project Management. Project Dashboard Template.

Risk Management 284

Risk Management Risk Software Budget 284

ProjectManager.com

DECEMBER 27, 2023

Creating a schedule of values is important for the project owner, contractor and subcontractors alike. It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. ProjectManager’s Gantt charts manage your human and nonhuman resources.

Construction 368

Construction Estimate Budget Monitoring 368

ProjectManager.com

APRIL 29, 2022

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?

Project Life Cycle 363

Project Life Cycle Software Review Infrastructure Risk Management 363

ProjectManager.com

FEBRUARY 21, 2023

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios.

PMO 247

PMO Software Review Risk Management Risk 247

Teamweek

FEBRUARY 2, 2023

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. Before you know it, you’re mid-project and starting to feel the heat. Source Most projects “fail” for similar reasons. The most common types of risks can be filed under the label: “$#!%

Risk 95

Risk Estimate Risk Management ChatGPT 95

Teamweek

DECEMBER 1, 2022

Even when you tell yourself that “this time is going to be different,” — but project costs somehow still manage to get out of control? Only 43% of projects are “mostly or always” completed on budget. Let’s talk about project cost management. ??. Cost estimating.

Project Cost 52

Project Cost Estimate Technical Review Budget 52

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. What Is a Project? What Is Project Management?

Project Life Cycle 402

Project Life Cycle Software Review Monitoring Budget 402

ProjectManager.com

JUNE 22, 2022

Project accounting, as with general accounting, is a method by which project managers can manage project finances. Project accounting is not the same as balancing your checkbook or even seeking the service of a certified public accountant as it’s unique to project management. Learn more.

Software Review 353

Software Review Finance Monitoring Project Cost 353

ProjectManager.com

MARCH 21, 2022

Whether you’re a numbers person or not, as a project manager, ownership of a budget is usually a key part of your job responsibilities. Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. What Is a Project Budget? Learn More!

Budget 316

Budget Software Review Software Estimate 316