ProjectManager.com

JANUARY 27, 2023

A risk is an uncertain event or condition that can have affect the outcome of a project. The term “project risk” refers to the sum of all individual project risks that might affect a project. Project managers need to know how to identify, track and mitigate project risk. What Is Project Risk?

Risk 399

Risk Risk Management Project Life Cycle Software Review 399

ProjectManager.com

MAY 19, 2021

However, it is more likely the customer and the winner of the bid will finalize the terms and conditions sketched out in the bid and create a legal contractual agreement they both sign. The basic information being name, address, phone and/or email and a place for signatures, either to acknowledge receipt or agreement on the terms.

Construction 403

Construction Software Review Estimate Executing 403

ProjectManager.com

APRIL 5, 2024

It keeps equipment in optimal working condition, which leads to more efficiency and quality and keeps work on time and within budget. There’s a column to list equipment, another has a pull-down menu to identify its condition and then a column to note the frequency of the maintenance in days.

Manufacturing 317

Manufacturing Construction Software Review Healthcare 317

Project Risk Coach

OCTOBER 23, 2021

The PMBOK® Guide defines risk as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives." Some people define risks as uncertain events or conditions that has negative affects on project objectives only. Let's define opportunity. Why do they think this way?

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

JUNE 27, 2023

Lien waivers also guarantee that the conditions of the agreement between all parties will be met. In the most general sense, they can be divided into two distinct types, one being conditional (in effect once a predetermined condition, such as payment, is fulfilled) and the other being unconditional (effective as soon as it’s signed).

Construction 269

Construction Engineering Defining Risk Management 269

ProjectManager.com

OCTOBER 3, 2023

Walkthrough The walkthrough is the term used to describe when the general contractor , architect and construction team inspect the structure during the final inspection. But it also includes sanitizing and making sure that the property is in the right condition for occupancy.

Construction 391

Construction Closing Software Review Certification 391

ProjectManager.com

SEPTEMBER 12, 2023

To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. There are also specific conditions that process manufacturing must follow in regard to heat, time and pressure. These conditions result in thermal or chemical changes that are irreversible.

Manufacturing 377

Manufacturing Process Controlling Closing 377

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.

Construction 344

Construction Software Review Engineering Retail 344

Project Risk Coach

JANUARY 21, 2019

Risk - an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Uncertain event or condition. When identifying risks, I ask teams to focus primarily on the uncertain events or conditions that may have the greatest impact on the project, not the trivial things.

Risk 331

Risk Risk Management Defining Planning 331

ProjectManager.com

AUGUST 31, 2023

You should have a list of conditions or capabilities that must be met by the project’s final delivery. It is a term that comes from working in an agile, iterative environment. The term refers to everything that can be done by the team in order of priority: in other words the project scope.

Transportation 308

Transportation Agile Defining Closing 308

ProjectManager.com

MARCH 19, 2024

ProjectManager is award-winning project and portfolio management software with robust Gantt charts to monitor resources to ensure they’re aligned with the terms and conditions of the contract. Then the terms of the agreement are sketched out out. Get started with ProjectManager today for free.

Manufacturing 354

Manufacturing Construction Transportation Budget 354

ProjectManager.com

DECEMBER 19, 2023

In terms of administration , construction timesheets make payroll easier. Construction sites aren’t manned by workers from one company, but there are many specific trades, such as plumbing, electrical and heating, ventilation and air conditioning (HVAC), working shoulder-to-shoulder who come from distinct contracting companies.

Construction 384

Construction Software Review Software Executing 384

Rebel’s Guide to PM

SEPTEMBER 2, 2021

Step 2: Accept the terms and conditions. Read the terms and conditions. Ready for my review of this free project management course? Log in with your PMI account details or create a free account if you are not already registered with PMI. You’ll be used to this step: every site asks for it. Step 3: Find your learning path.

PMI 319

PMI Agile Influencer Planning 319

Scrum.org

MARCH 14, 2024

They must balance short-term gains with long-term vision. Navigating Complexity and Uncertainty: The Product Owner needs to manage the complexities of product development by constantly assessing and responding to changing market conditions, technological advancements, and consumer trends.

2024 190

2024 Innovation Risk Management Defining 190

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. Strategic Project Management Roles & Responsibilities Understanding strategic project management is more than just defining the term.

Planning 398

Planning PMO Manufacturing Logistics 398

ProjectManager.com

APRIL 24, 2024

Orders also must be inspected to ensure they’re in good condition. Order Processing Example To better understand what ordering processing is, let’s create an order processing example to illustrate the process in practical terms. This organizes the items according to the number of delivery locations.

Process 250

Process Software Manufacturing Logistics 250

Rebel’s Guide to PM

MAY 7, 2023

OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. You might have landed here for the same reason: studying for the PMP exam and wondering how to make sense of this nothing-y term. Don’t get me started on Enterprise Environmental Factors either.) But whatever.

Process 422

Process Technical Review Software Review Influencer 422

ProjectManager.com

MAY 13, 2021

This includes deliverables, deadlines, and the terms and conditions of the contract. They research all legal issues related to the contract and help with negotiating terms and conditions with the client and the third party. It works out for both parties involved in terms of business strategies and procedure.

Software Review 235

Software Review Technical Review Logistics Budget 235

Project Risk Coach

OCTOBER 5, 2020

Let's clarify what we mean by the term risk. PMBOK® Guide An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not?

Risk 418

Risk Prince2 Risk Management Governance 418

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. Best Practices For Contract Administration.

Process 453

Process Construction Finance Initiating 453

ProjectManager.com

APRIL 29, 2022

The term project governance refers to the set of activities and guidelines that determine how a project will be planned, executed and managed. I recommend any project manager to read a sample of these at least, and understand what makes a good decision, and how to set up the conditions you need, in your project.

Governance 370

Governance Government PMI Defining 370

Leading Agile

APRIL 17, 2024

Understanding that creating the conditions for teams, backlogs, and working tested product to exist is the real work of the transformation is critical. If you think about it in terms of a Kanban board, the Expedition moving to its next Basecamp is the Epic. Each “Epic” then breaks down into a set of “features” that we call outcomes.

Agile 131

Agile Governance Government Executing 131

ProjectManager.com

APRIL 5, 2023

There can be major or minor site changes depending on the condition of the plot. A site plan also called a plot plan, is a drawing made by the architect, urban planner or engineer that illustrates the existing and proposed conditions for the construction site. What Is Site Planning?

Construction 298

Construction Software Review Planning Infrastructure 298

ProjectManager.com

MAY 26, 2021

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. Contracts are legally binding documents between two parties outlining the terms and conditions of the working relationship between them.

Risk Management 331

Risk Management Budget Risk Defining 331

Scrum.org

MARCH 1, 2023

In the quest for short-term gains and rapid productivity, organizations are sacrificing their long-term agility and adaptability, just like the Titanic did. So, let's explore how companies can avoid becoming the next Titanic and instead chart a course for long-term success. But fear not!

Technical Review 185

Technical Review Finance Agile SCRUM 185

ProjectManager.com

DECEMBER 7, 2022

Condition: Note the status of the equipment, such as whether it’s new, in good condition, needs repairs and so forth. Department: As noted, even if your business is under one roof, you’ll still want to detail the location of the asset so it’s easier to track its condition. List Equipment Acquisition Details.

Software Review 308

Software Review Manufacturing Controlling Software 308

Rebel’s Guide to PM

AUGUST 8, 2023

The strong correlation between excellent service and brand loyalty is also a driver for long-term business success, as the 9 trends explored below explain. Companies may reduce customer churn and create long-term client connections by concentrating on providing excellent customer experiences. year on year [iii].

Underperforming Technical Team 297

Underperforming Technical Team Artificial Inteligence Software Review 2011 297

Rebel’s Guide to PM

NOVEMBER 2, 2023

It helps identify short and long-term resource excesses or shortages and proactively bridge the capacity gap. At the same time, if the outlook is slow due to poor economic conditions, the hiring activities have to stop. For example, an annual support maintenance contract will likely be renewed with the same terms and conditions.

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

ProjectManager.com

AUGUST 23, 2023

Learn more Why Project Risks Can Be Good We’ve all been conditioned to think of risks as negative. Types of Positive Risk Figuring out what is a positive risk (which can take a number of forms) can be hard because our brains are so conditioned to think of risks as bad. That brings us back to the skiing example.

Risk 341

Risk Risk Management Monitoring Project Cost 341

ProjectManager.com

OCTOBER 17, 2023

Our free construction proposal template for Word helps you prove your case by defining the scope of work, cost and payment, schedule as well as terms and conditions. Construction Proposal During the initial phase, you’ll want to get approval for the project before moving forward.

Construction 339

Construction Process Project Life Cycle Software Review 339

Rebel’s Guide to PM

OCTOBER 1, 2022

I looked for: Writing style and whether they were engaging and easy to follow Contents — how much did the book provide in terms of things you could repeat yourself at work? It’s about a group of penguins living on an iceberg and how they come to terms with what their next steps should be. It’s my top pick.

Change Management 449

Change Management 2023 2012 Prince2 449

Kiron Bondale

JUNE 28, 2020

A sufficiently material unknown-unknown risk is realized whose impact cannot be absorbed leading to the first condition above. Doing this requires not only courage but also a sufficient level of psychological safety within the team to reduce the likelihood of team members choosing short-term conflict avoidance over long-term pain.

Planning 289

Planning 2011 Risk Management Risk 289

ProjectManager.com

MARCH 8, 2024

An RFI in construction is a process for getting clarification about documents, drawings, specifications or other project conditions when there are questions or confusion about what to do. The respondent sets clear and binding terms if the tender is accepted. What Is an RFI in Construction?

Construction 318

Construction Software Review Engineering Budget 318

ProjectManager.com

APRIL 3, 2024

There’s also short-term storage in a warehouse or distribution center involved. This is an essential step for accurate delivery and customer satisfaction as it also inspects items to ensure they’re in good condition. The order fulfillment process can be complicated and costly.

Process 377

Process Logistics Manufacturing Transportation 377

ProjectManager.com

AUGUST 18, 2021

Aggregate planning is most often focused on targeted sales forecasts, inventory management and production levels in the mid-term (3-to-18-month) future. As stated, the goal of aggregate planning is figuring out the level of production, inventory and workforce required to respond to fluctuating demand in the medium term.

Planning 358

Planning Underperforming Technical Team Manufacturing Budget 358

ProjectManager.com

NOVEMBER 17, 2023

Our unlimited file storage means that you can attach the SLA to a task card and include all pertinent information in the description of that card, including assigning it to a team member responsible for ensuring that the vendor is keeping to the terms of the agreement. Get started with ProjectManager today for free.

Software Review 350

Software Review Monitoring Defining Logistics 350

ProjectManager.com

MAY 12, 2021

The term “time and materials” refers to the amount of time and construction materials that a contractor or subcontractor requires to execute the project. When the term is used, it’s to indicate the contractor is billing for the amount of time they take doing the task and whatever materials are used in the process.

Construction 418

Construction Estimate Executing Monitoring 418