ProjectManager.com

SEPTEMBER 21, 2023

You’ve heard the term, general contractor, but let’s first define what a general contractor is, what the general contractor license is and detail what a general contractor does. In terms of payment, general contractors tend to work with the project owner under a lump sum or stipulated sum contract. Learn more.

Construction 344

Construction Software Review Engineering Retail 344

ProjectManager.com

JANUARY 27, 2023

Project managers need to know how to identify, track and mitigate project risk. The term “project risk” refers to the sum of all individual project risks that might affect a project. ProjectManager’s risk management features help you track project risk throughout your projects. What Is Project Risk?

Risk 399

Risk Risk Management Project Life Cycle Software Review 399

ProjectManager.com

MARCH 19, 2024

Once the request for quotation has been approved and you’re contracted with the supplier or contractors you’ll be using for the project, you’ll want to track those costs as you move through the project’s life cycle. ProjectManager’s Gantt charts track your costs in real time. Then the terms of the agreement are sketched out out.

Manufacturing 354

Manufacturing Construction Transportation Budget 354

ProjectManager.com

MARCH 22, 2024

This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. ProjectManager is award-winning project and portfolio management software with robust Gantt charts that plan, manage and track schedules in real time. Get started with ProjectManager today for free.

Construction 314

Construction Software Review Budget Defining 314

ProjectManager.com

DECEMBER 6, 2023

If you haven’t heard the term before, we’ll begin with a definition of strategic project management and explain how strategic projects differ from operational projects. Allocate resources, track time and manage tasks all from one screen. But this is a short-sided view that misses the big picture.

Planning 398

Planning PMO Manufacturing Logistics 398

ProjectManager.com

SEPTEMBER 23, 2020

Being able to manage and track expenses is what keeps the project within a budget. You’re going to have these expenditures, but to avoid wildly overspending, you must have a system in place to monitor and track them. Watch and learn how to manage and track your project expenses. In Review: How to Track Expenses.

Budget 401

Budget Software Review Controlling 2020 401

ProjectManager.com

APRIL 9, 2021

It’s a way to reach an agreement about the outside services required in the project to make sure you can schedule them to fit into your project plan on track. Track your purchase orders from request to execution with ProjectManager.com’s kanban boards. Purchase orders also include a tracking number. Terms of Payment.

Process 248

Process Software Review Construction Closing 248

ProjectManager.com

FEBRUARY 10, 2023

ProjectManager is ideal to keep track of your production plans so you can better estimate when you’ll need to purchase equipment, materials, parts or anything needed for your projects. Procurement, in terms of project management, is when you need to purchase, rent or contract with some external resource to meet your project goal.

Estimate 323

Estimate Manufacturing Logistics Software Review 323

ProjectManager.com

SEPTEMBER 10, 2021

The statement of work (SOW) is a legally binding document that captures and defines all the aspects of the execution of a project scope of work. It’s an extremely detailed work contract that defines the terms and conditions agreed upon between parties and lays the groundwork for the project plan.

Software Review 402

Software Review Defining Project Life Cycle Closing 402

ProjectManager.com

MAY 26, 2021

But when the agreement is signed, it’s legally binding. Both parties must adhere to its terms and conditions. Term, where the contract specifies a time period and level of effort the contractor must achieve. All contracts will have a valid offer and acceptance between parties and a price, whilst meeting legal standards.

Risk Management 331

Risk Management Budget Risk Defining 331

ProjectManager.com

JUNE 27, 2023

A lien is the legal right to hold onto property that belongs to another person until that person pays off their debt. A lien waiver form is a legally binding document that states that the contractor, subcontractor or supplier has received payment for their service or materials. What Is a Lien Waiver Form?

Construction 269

Construction Engineering Defining Risk Management 269

ProjectManager.com

MARCH 8, 2024

General contractors can link dependencies, filter for the critical path and set a baseline to track project variance, while subcontractors can view the project with the visual workflow of a kanban board, manage work with task lists or use the sheet or calendar view. The respondent sets clear and binding terms if the tender is accepted.

Construction 318

Construction Software Review Engineering Budget 318

ProjectManager.com

JUNE 3, 2021

If you don’t have a steady or at least managed supply of the stuff you need to execute the project you’re going to go off track and threaten the success of the project. Keep track of your procurement contracts with powerful construction management software. Start a free trial of ProjectManager today! What is Procurement Contracting?

Monitoring 269

Monitoring Construction Software Review Risk Management 269

ProjectManager.com

NOVEMBER 28, 2023

To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. Types of Organizational Process Assets We’ve listed what falls under the term organizational process assets, but it’s time to look a bit closer at the various types of assets and what they are.

Process 367

Process Executing Controlling Defining 367

ProjectManager.com

MAY 13, 2021

But once you’re contracting with people outside of your organization, the legal and logistic issues can be overwhelming. This includes deliverables, deadlines, and the terms and conditions of the contract. They are legally binding documents between an employee and contractors or vendors who will be carrying out work.

Software Review 235

Software Review Technical Review Logistics Budget 235

Rebel’s Guide to PM

APRIL 24, 2023

More examples could be research, design, events, replacing manual work with digital or automation, construction or legal work on a case. Ops and projects both seek to deliver the same long-term goal: meeting strategic objectives, which could be to make more money for the business or something else.

Retail 407

Retail Governance Government Healthcare 407

ProjectManager.com

FEBRUARY 28, 2023

As you might imagine, having project management software helps plan, manage and track this work, but if you’re not using such tools, there are product management templates that can help you steer the course. Developers can use task lists and more traditional departments can track progress on Gantt charts. Learn more 4.

Software Review 289

Software Review Development Team Review Budget Agile 289

ProjectManager.com

JULY 4, 2023

The foremost importance to construction reporting would have to be keeping the project on track. The inspection report will track the recommended corrective actions and, when completed and closed out, it’s archived for future reference. Plus, use our risk management feature to identify and track issues until they’re mitigated.

Construction 255

Construction Software Review Budget Risk Management 255

ProjectManager.com

JANUARY 25, 2023

Project management software gives you the tools to implement these procedures and track them to ensure quality. ProjectManager is online project management software that allows you to plan, manage and track quality control in real time. Let’s first define these terms. Get started with ProjectManager today for free.

Underperforming Technical Team 333

Underperforming Technical Team Software Review Manufacturing Controlling 333

ProjectManager.com

MAY 19, 2021

After you win your bid, track your construction projects with powerful scheduling software. Contract: Because of the details of the bid, it can be used by both parties as a legally binding contract once agreed upon. Terms of Payment: Detail the manner in which you’ll get paid for the job if selected by the customer.

Construction 403

Construction Software Review Estimate Executing 403

ProjectManager.com

JANUARY 27, 2022

Being able to track your resources is how you keep to your budget, and project management software helps monitor costs. Live dashboards, Gantt charts and instant status reports track cost as they occur to control overspending. It doesn’t mean these soft costs are impossible to estimate and track—but they are definitely moving targets.

Construction 315

Construction Certification Software Review Project Life Cycle 315

ProjectManager.com

JULY 4, 2023

The foremost importance of construction reporting is keeping the project on track. The inspection report will track the recommended corrective actions and, when completed and closed out, it’s archived for future reference. It also logs the equipment on the site, tracking the hours each has been used and its current status.

Construction 195

Construction Software Review Budget Risk Management 195

ProjectManager.com

OCTOBER 20, 2023

Before explaining how to make a construction phase plan, let’s first define the term and note some of the many reasons why one should use it. ProjectManager is award-winning project management software that helps construction managers plan, manage and track their work in real time. Get started with ProjectManager today for free.

Construction 325

Construction Planning Risk Management Estimate 325

ProjectManager.com

JULY 27, 2022

Construction documents are legally binding contracts that define the roles, responsibilities and work by which the construction project will be completed. You can’t pull building permits without the right documents, and you can’t legally build anything without permits. What Are Construction Documents? Types of Construction Documents.

Construction 276

Construction Engineering Manufacturing Monitoring 276

ProjectManager.com

AUGUST 23, 2023

ProjectManager is award-winning project management software that helps you identify, manage and track risk in your projects in real time. If it shows up, then you can track it to either resolve the bad risk or exploit the good risk. If it shows up, then you can track it to either resolve the bad risk or exploit the good risk.

Risk 341

Risk Risk Management Monitoring Project Cost 341

ProjectManager.com

MAY 21, 2021

The consistent factor is clearly defining the terms of the contract and ensuring communication and good relationships between employer and contractor. But, more often than not, employers and contractors will go back and forth on terms, pricing and other things until both parties are happy. Providing contract updates.

Process 453

Process Construction Finance Initiating 453

ProjectManager.com

MARCH 10, 2021

Thorough purchase orders reduce confusion and provide a paper trail for legal purposes should issues arise. It’s a legally binding document that outlines the price, quantity, delivery window and terms of payment of a product. The purchase order is also a helpful tool for managing inventory and tracking payment.

Software Review 255

Software Review Monitoring Budget Closing 255

ProjectManager.com

JUNE 22, 2022

To stick to your project budget, you have to track costs. Just as a project manager monitors the project’s schedule and scope, they also track these financial transactions to ensure they’re on budget and make necessary adjustments to avoid overspending. Set the baseline to track planned costs against actual costs in real time.

Software Review 354

Software Review Finance Monitoring Project Cost 354

ProjectManager.com

DECEMBER 16, 2021

This includes running your procurement department more efficiently by getting the best prices and terms. ProjectManager is a cloud-based software that tracks your purchases in real time. Keep track of your resources with ProjectManager’s real-time dashboard.— Try ProjectManager today! Learn More! Create a Purchase Order.

Manufacturing 251

Manufacturing Software Review Technical Review Risk Management 251

Rebel’s Guide to PM

AUGUST 29, 2021

Save time with the Project Workbook and Budget Tracker that includes everything you need to start tracking your project today. Ensuring compliance with rules, regulations, and legal requirements may require additional effort, checks, or input from a compliance expert. Legal risk. Includes a RAID log and a guide on how to use it.

Risk 320

Risk Technical Review Risk Management Estimate 320

ProjectManager.com

AUGUST 18, 2022

Tracking what you do is essential to proper execution. Despite being used in different industries, all audit logs share the same purpose: to track a sequence of events or actions in chronological order. Project management software can help you generate, track and archive the audit trail. Learn more. Benefits of Audit Trails.

Healthcare 298

Healthcare Finance Manufacturing Information Technology 298

ProjectManager.com

JULY 5, 2022

Creating a long-term, substantial capital improvement plan is aided by project management software. Our interactive Gantt chart helps you coordinate your budget and schedule to manage and track substantial projects in real time. There are public health, safety and legal concerns to consider.

Planning 329

Planning Finance Underperforming Technical Team Software Review 329

Binfire

DECEMBER 20, 2023

A well-planned budget helps track progress, identify potential financial pitfalls, and adjust strategies accordingly. Understanding your tax obligations and planning accordingly can prevent legal issues and financial penalties. Budgeting: Steering Your Startup’s Financial Ship Effective budgeting acts as a roadmap for startups.

Sustainability 78

Sustainability Finance Budget Engineering 78

ProjectManager.com

AUGUST 26, 2021

How do you create a construction budget, anticipate the costs for a project and track them to make sure you’re not overspending? A construction budget is also a great way to keep your project on track during execution. Tracking those costs is a way project management software can help. Plan and Track Costs on Gantt Charts.

Construction 374

Construction Budget Underperforming Technical Team Finance 374

Rebel’s Guide to PM

OCTOBER 11, 2020

Your timeband – which is the main line that marks the time intervals – can be expressed in terms of: Years Quarters Months Weeks Days Hours and Minutes (at first glance you might not see the value in a minute-by-minute timeline, but in some of the legal projects I’ve worked on I know it would help to be able to track an event as it unfolded in minutes (..)

Technical Review 521

Technical Review Software Review 2020 Executing 521

Teamweek

MARCH 25, 2024

The main challenges of hiring employees internationally include complexities with legal, payroll, and compliance aspects for the company. These issues are why many international companies rely on expert legal and financial advice to mitigate these challenges. The right option will ultimately depend on your needs as a company.

Governance 59

Governance Government Software Review 2006 59

Productivity Land

JUNE 15, 2023

Efficient procurement management enables organizations to strategically source suppliers, negotiate favorable terms, and ensure the timely availability of goods and services. Additionally, optimized procurement processes minimize the risk of fraud and non-compliance, ensuring that purchases adhere to regulatory and legal requirements.

Process 82

Process Finance Risk Management Controlling 82