Process, Project Cost, Software and Tools - Project Management Update

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

NOVEMBER 28, 2023

Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. What Is an Organizational Process Asset?

Process

Process Executing Controlling Defining

Project Intake Process: Prioritizing Project Requests & Proposals

ProjectManager.com

JANUARY 10, 2024

However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. 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. What Is the Project Intake Process?

Process

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The Construction Resource Management Process Explained

ProjectManager.com

JANUARY 9, 2024

There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management. Construction resource management is the process of planning and managing resources on a construction site. What Is Construction Resource Management?

Construction

Construction Process Estimate Monitoring

Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

MARCH 31, 2023

Regardless, we’re going to give you a brief overview of the major details involved in project management for actionable information. If you need more help with project management, check out all of our resources and project management tools for reaching your full potential. Projects are made up of deadlines.

Project Life Cycle

Project Life Cycle Software Review Monitoring Budget

Resource Smoothing Steps, Templates and Tools

ProjectManager.com

JANUARY 11, 2024

You’ll find that resource smoothing is used in projects with resource conflicts, especially when work is prioritized. Project management software helps with resource management. ProjectManager is award-winning project management software that helps you plan, manage and track resources in real time.

Monitoring

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Project Monitoring and Control: Tools & Steps

ProjectManager.com

JUNE 28, 2023

Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs. There are project monitoring tools, of course, but like everything in project management, there’s a process that we’ll explain. What Is Project Monitoring and Control?

Monitoring

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Project Management Process Groups: A Quick Guide

ProjectManager.com

NOVEMBER 19, 2021

There are a thousand things that constantly impact the project and require you to reallocate resources to stay on track. To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups?

Process

Process Monitoring Controlling Software Review

Create & Manage a Project Budget Using Software

ProjectManager.com

MARCH 21, 2022

Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. Projects can have several different types of costs that all need tracking in order to ensure that everything comes in under budget. What Is a Project Budget? Learn More!

Budget

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Kanban History: Origin & Expansion Across Industries

ProjectManager.com

APRIL 25, 2024

Kanban history has informed everything from manufacturing to software development. The kanban tool has become commonplace in project management and its uses continue to expand. The kanban system is a visual workflow tool that consists of a kanban board and kanban cards.

Manufacturing

Manufacturing 2004 Software Review 2009

Notion Kanban Board: Key Features, Pros, Cons & Alternatives

ProjectManager.com

APRIL 30, 2024

Choosing the best kanban software for your organization can be challenging due to the variety of options available, which offer different feature sets and price plans. One basic, simple-to-use kanban software that can help your team get started with the kanban methodology is Notion. Here are some of its main features.

Software Review

Software Review 2024 Estimate Monitoring

What Is Kanban? Meaning, Definitions & Best Practices

ProjectManager.com

MAY 1, 2024

Kanban is all the rage in project management. In fact, kanban has grown so much in popularity, there are now countless project management tools to help people plan and prioritize tasks on kanban boards, which are visual panels with virtual cards that can be moved around by the user to arrange orders of tasks or to-do items.

Software Review

Software Review Manufacturing Lean Development Team Review

Power BI Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

ProjectManager.com

FEBRUARY 21, 2024

Microsoft Power BI is a data analysis software that allows you to use various tools such as spreadsheets, pie charts, stacked bars and other types of diagrams to visualize project or business data, including the Power BI Gantt chart. But is Power BI good for project management?

Software Review

Software Review 2021 Project Cost Software

How to Manage Project Cash Flow

ProjectManager.com

JANUARY 25, 2024

Projects cost money. Those funds have a life cycle of their own and project managers must understand how those costs come in and out of the project and organization. That process is called project cash flow. We’ll look at project cash flow, what it is and how to calculate and manage it.

Construction

Construction Project Cost Budget Monitoring

10 Do’s & Don’ts of Project Cost Management

nTask

MARCH 2, 2022

This is where project cost management jumps in. Cost management helps you to mitigate the risk of any surprise costs and budget constraints. However, you must know the do’s and don’t of project cost management to stay ahead in your game! What is Project Cost Management? Let’s Begin!

Project Cost

Project Cost Underperforming Technical Team Estimate Budget

Tableau Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

ProjectManager.com

MARCH 6, 2024

Tableau is an analytics platform that allows organizations to visualize their data on powerful yet user-friendly data analysis charts and diagrams powered by machine learning, natural language processing and predictive analytics. While Tableau doesn’t have project management features, you can still use it to make a Gantt chart.

Software Review

Software Review Construction Artificial Inteligence Software

Importance of Scenario Planning and Analysis in Business

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

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Project Cost Estimation: Overview of the Process, Main Challenges, and Recommendations

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Project Cost

Project Cost Estimate Process Budget

How to Make a Gantt Chart in Word (Template Included)

ProjectManager.com

FEBRUARY 20, 2024

Project documentation, such as the project budget, project schedule or project plan, is critical for the successful delivery of projects. Because of that, as a project manager, you should be familiar with tools to create your project documents. Microsoft Word is one of those tools.

Software Review

Software Review Budget Estimate Executing

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

APRIL 19, 2024

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. The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. What Is Kanban?

SCRUM

SCRUM Manufacturing 2001 Agile

Project Budget Template for Google Sheets

ProjectManager.com

DECEMBER 5, 2023

Excel project budget templates are one of the most popular tools to create a project budget. However, Excel isn’t the best tool for project budgeting as it doesn’t allow project team members to collaborate online, sharing files among team members it’s a time-consuming process, among other productivity drawbacks.

Budget

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7 Tips on Reducing Project Costs

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. Poor estimates .

Project Cost

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8 Tips on Reducing Project Costs

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. Poor estimates .

Project Cost

Project Cost Underperforming Technical Team Software Review Budget

RFI in Construction: A Quick Guide for Contractors

ProjectManager.com

MARCH 8, 2024

We’ll also note the difference between an RFI in construction and other construction project management documents before going into the construction RFI process, the different types of RFIs and more. ProjectManager’s Gantt charts are powerful planning and scheduling tools. What Is an RFI in Construction?

Construction

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How to Build and Implement a Project Strategy

ProjectManager.com

MARCH 14, 2024

To better manage projects, one must clearly understand project strategy, who’s responsible for it in the organization and the steps to create a project strategy. We’ll go over that and link to free project management templates that can help you in this process. What Is Project Strategy?

Budget

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What Is Job Costing? When to Use a Costing Sheet (Example Included)

ProjectManager.com

AUGUST 15, 2023

Job costing is a type of accounting method that helps identify project costs and track them to keep to your budget. It tracks all costs and revenue associated with a particular project and is commonly used in construction projects, but it can also be found in manufacturing, engineering, retail, logistics, healthcare and more.

Manufacturing

Manufacturing Construction Estimate Project Cost

Construction Cost Management: Managing Construction Costs

ProjectManager.com

JULY 5, 2023

Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better. What Is Construction Cost Management?

Construction

Construction Estimate Monitoring Budget

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. It’s essential to keep projects successful for any organization to thrive.

Underperforming Technical Team

Underperforming Technical Team Risk Management Software Review Budget

Coronavirus: Work From Home Software & Tips

ProjectManager.com

MARCH 20, 2020

There are tools and practices already in place to ease the transition to a remote working environment. We’ve collected the 10 best tools to keep you connected, in communication and collaborating successfully. The Best Tools for Working from Home Due to COVID-19. Dia is an open-source tool for making network diagrams.

Software Review

Software Review Software SCRUM Technical Review

12 Free Project Planning Templates for Excel and Word

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Download one or all and get your next project started right. Project planning templates are part of project management.

Planning

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Notion Gantt Chart: Key Features, Pros and Cons

ProjectManager.com

MARCH 28, 2024

Notion is work management software that helps teams from across industries such as product development, engineering or marketing to facilitate team communication, manage tasks and create simple project timelines. While Notion has project management features, is there a Notion Gantt chart? We’ll get to that in a moment.

Software Review

Software Review Estimate Monitoring Project Cost

Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

NOVEMBER 23, 2023

Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized. Whatever capital budgeting decisions one makes, project management software can help track those costs.

Budget

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Guide to Effective Project Cost Management

EasyProjects

OCTOBER 19, 2020

Whether it’s designing a new product or improving upon an existing work process, nothing matters more than how much it will cost the company in the end. This is where project cost management comes into play. For this reason, a budget must be determined to ensure that the allocated project costs stay in line.

Project Cost

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Project Financial Management: Managing Project Financials

ProjectManager.com

NOVEMBER 21, 2023

We’ll get to that and define the various project financials before getting into the process of managing a project’s finances. What Is Project Financial Management? Project financial management is the process of controlling the financial aspect of a project, such as its cost, revenue and profit.

Finance

Finance Estimate Budget Risk Management

Everything You Need to Know About Project Cost Management in 2022

nTask

MARCH 30, 2022

This is why, for the long-lasting success of your company, you need to understand what project cost management or cost control in project management is and how it can be helpful to you while you are working for your organization to stay on course. What is Project Cost Management? So, let’s begin.

2022

2022 Project Cost Construction Budget

The Importance of Operational Project Management for Businesses

ProjectManager.com

APRIL 23, 2024

However, because they’re concerned with streamlining department workflows, implementing new technology or processes or even updating the company’s offerings, customers will eventually see the benefits of these improvements. No matter what the type of project is, project management software helps deliver it more efficiently.

Software Review

Software Review Monitoring Technical Review Budget

Best Cost Control Techniques

ProjectManager.com

OCTOBER 5, 2023

Cost control is a practice performed across businesses in most industries. Cost control works by identifying and reducing expenses to increase the profitability of the company. Cost control as a process begins with budgeting. Unlike lightweight tools, there’s no lengthy setup required. Seek it out.

Controlling

Controlling Manufacturing Construction Underperforming Technical Team

Asana Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

ProjectManager.com

MARCH 1, 2024

Asana is project management software that offers a variety of easy-to-use tools like timelines, task lists and kanban boards which are mainly used for managing simple projects, everyday tasks and team workflows. Asana’s Gantt chart is a lightweight alternative to more complex Gantt chart software.

Software Review

Software Review Construction Monitoring Budget

Free Timesheet Template for Google Sheets: Track Labor Costs Online

ProjectManager.com

JANUARY 17, 2024

This might cause you to go over your project budget or affect the profitability of your business, especially in labor-intensive industries such as construction or manufacturing. Using this free timesheet template for Google Sheets allows you to track the labor costs of your organization and streamline your payroll process.

Retail

Retail Manufacturing Construction Software Review

Best PMP Software Free Tools To Use In 2022

nTask

DECEMBER 23, 2021

You have to be on your toes all the time, keeping an eye on task statuses, staying updated with the latest developments, paying attention to your team members’ performance , identifying and mitigating issues, and constantly improving processes for the future. Evolution Of Project Management in Recent Years. Top PMP Tools for 2022 .

2022

2022 Software Review Software Technical Review

Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

DECEMBER 27, 2023

The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. It helps with project management by listing the project’s scope and the costs associated with those task needed to deliver the project successfully. What Is a Schedule of Values?

Construction

Construction Estimate Budget Monitoring

10 Best Procore Alternatives of 2024 (Free + Paid)

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. The pricing model will cut into your profit margins.

2024

2024 Construction Software Review Technical Review

12 Ways to Manage Project Quality Without Drama

Rebel’s Guide to PM

JANUARY 31, 2024

But all that really comes after knowing what quality looks like on your project. The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” Good” then becomes your success criteria or quality measures.

Software Review

Software Review Technical Review Budget Defining

Project timeline software: Which is the best tool for you?

Wrike

FEBRUARY 12, 2024

It’s a useful way to schedule projects and deadlines, allocate tasks and resources, and visualize progress. However, it can be a nightmare to create one without effective project timeline software. Many teams still use Excel spreadsheets to create project timelines. It should improve your team’s ability to get work done.

Software

Software Generative AI Defining Planning

Henry Gantt’s Biography & Role in Gantt Chart History

ProjectManager.com

FEBRUARY 13, 2024

The Gantt chart has become a staple of project management. Have you ever wondered why Gantt charts are capitalized or where the tool originated? He’s best remembered for the tool that bears his name and his works in the development of what’s called scientific management. It’s the name of Henry Gantt (1861-1919).

Engineering

Engineering Underperforming Technical Team Influencer Consulting

Organizational Process Assets: Definitions, Examples & Templates

Project Intake Process: Prioritizing Project Requests & Proposals

Trending Sources

The Construction Resource Management Process Explained

Project Management Basics: Definitions, Methods and Tools

Resource Smoothing Steps, Templates and Tools

Project Monitoring and Control: Tools & Steps

Project Management Process Groups: A Quick Guide

Create & Manage a Project Budget Using Software

Kanban History: Origin & Expansion Across Industries

Notion Kanban Board: Key Features, Pros, Cons & Alternatives

What Is Kanban? Meaning, Definitions & Best Practices

Power BI Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

How to Manage Project Cash Flow

10 Do’s & Don’ts of Project Cost Management

Tableau Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

Importance of Scenario Planning and Analysis in Business

Project Cost Estimation: Overview of the Process, Main Challenges, and Recommendations

How to Make a Gantt Chart in Word (Template Included)

Kanban vs. Scrum: What’s the Difference?

Project Budget Template for Google Sheets

7 Tips on Reducing Project Costs

8 Tips on Reducing Project Costs

RFI in Construction: A Quick Guide for Contractors

How to Build and Implement a Project Strategy

What Is Job Costing? When to Use a Costing Sheet (Example Included)

Construction Cost Management: Managing Construction Costs

Measuring the Project Management Maturity of Your Organization

Coronavirus: Work From Home Software & Tips

12 Free Project Planning Templates for Excel and Word

Notion Gantt Chart: Key Features, Pros and Cons

Capital Budgeting: Definitions, Steps & Techniques

Guide to Effective Project Cost Management

Project Financial Management: Managing Project Financials

Everything You Need to Know About Project Cost Management in 2022

The Importance of Operational Project Management for Businesses

Best Cost Control Techniques

Asana Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

Free Timesheet Template for Google Sheets: Track Labor Costs Online

Best PMP Software Free Tools To Use In 2022

Schedule of Values in Construction (Example & Template Included)

10 Best Procore Alternatives of 2024 (Free + Paid)

12 Ways to Manage Project Quality Without Drama

Project timeline software: Which is the best tool for you?

Henry Gantt’s Biography & Role in Gantt Chart History

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