How to Keep Your Projects On-Time and On-Budget

Arras People

And now more than ever, projects that are over budget, behind schedule or are not delivering the value originally promised are in jeopardy of being cancelled. To put it simply, project controls encompass the people, processes and tools used to plan, manage and mitigate cost and schedule issues and any risk events that may impact a project. Many think they involve a structured process that represents unwelcome change and creates additional burden and unnecessary project costs.

Budget 232

2017 Project Management Trends To Watch

Girl's Guide to PM

This year I’m looking forward into 2017 to highlight some of the project management trends I think it is worth watching out for. The introduction of the apprenticeship levy in the UK next year may well have a significant impact on training budgets even in mid-sized firms. Will 2017 be the year we get our first Chartered Project Professionals? Be brave, find your people and have a wonderful 2017.

2017 238
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2018 Budget Adds New IR35 Twist

Arras People

The biggest news for many project management practitioners in the 2018 Budget delivered by Philip Hammond, was his decision to delay any implementation of the new IR35 regime in the Private Sector until April 2020. A robust appeal process to ensure fairness where it is believed that tax is being wrongly deducted at source. HMRC published its summary of responses to the ‘Off-Payroll working in the Private Sector’ consultation following Budget.

2018 176

How To Do An Effective Project Selection Process?

Project-Management.pm

A stable and sturdy project management is one of the crucial factors to make a project process work. In the corporate world, an organization needs more than just top-notch tools and up to date process to bring the project to its full potential—it also needs a strong manpower, a human resource that has a particular set of skills and capabilities that will greatly contribute the entire organization. Cet article How To Do An Effective Project Selection Process?

Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

Girl's Guide to PM

We start with 5 steps for how to put a proposal budget together and then Edoardo shares a worked (fictional) example to show you what the budget would look like once it is completed. A proposal budget is similar to a project budget, but with a very different goal. A project budget is meant to guide you step-by-step throughout the project phases, and is meant to be changed and adapted (within limits, of course) to what happens during the project itself.

2017 191

The Magic 7 Project Portfolio Management Process Steps

Project-Management.pm

And the answer to all of these is in the guise of project portfolio management process steps. The project portfolio management process steps mentioned below cater to all types of organizations that execute portfolio management to reach their business objectives and their strategic goals. Remember that these project portfolio management process steps don’t fix your woes within a day or week; treat it as the start of your path towards an efficient portfolio. .

2017 94

6 Tools and Techniques for Controlling Risks

Project Risk Coach

In these risk review sessions, the team discussed the effectiveness of the risk responses and the risk management processes. Evaluating the risk management processes. The team also examines the processes to identify, evaluate, respond to, and control risks. As with many control processes, we now look for variances between the schedule and cost baselines and the actual results. Changes in project risks are inevitable.

7 Ways to Identify Risks

Project Risk Coach

What are the most significant risks related to [ project objective where the objective may be schedule, budget, quality, or scope ]? Mixing it up occasionally will help your team think in new ways and improve the identification process. Successful project managers have a common trait – they identify and manage risks. Let’s look at seven tools and techniques to identify risks. Often project managers start with a splash.

Risk 216

10 Things New Project Managers Should Know

Girl's Guide to PM

Whether that’s through ongoing Agile retrospectives or by talking about continuous process improvement as you go, keep thinking about what you could do better. Then you can tweak what you are doing to improve the project and the processes. These days, companies don’t have the budget or resources to invest in projects that don’t deliver anything useful. This article, 10 Things New Project Managers Should Know , first appeared on Girl's Guide to PM.

2017 329

How to Unite Enterprise and Project Risk Management

Project Risk Coach

Project risk management includes the processes to identify, evaluate, develop response plans, implement responses, and monitor project risks. Here are the Project Risk Management processes : Process. Continual monitoring of risks through risk reviews; evaluating the effectiveness of the risk management processes. Once again, we leverage project management to implement the homeowner deductibles and a process for managing the property exposure/concentration.

2017 205

10 Essential Project Management Skills

ProjectManager.com

Even more difficult, that project is delegated to a team of your choosing, given specific goals to achieve over a defined timeline for a determined budget. Project managers aren’t only dealing with systems and processes, but also people. There are many tools that can help with this process, chief among them an online Gantt chart, which provides a visual of the schedule with tasks, durations of those tasks, dependencies, and milestones. You have created a budget.

2017 329

Project Manager Roles and Responsibilities: What does a PM Really Do?

Project Bliss

To find out more detail about the requirements process, you can read my post on Software Project Requirements 101: What You Need to Know To Get You Started. Creating the budget. As you identify all the resources you need for your project, you’ll be able to create the project budget. This post provides instructions and a template for creating a project budget. Use quality management tools and processes throughout the project.

2017 196

Advice for Project Managers: How to Save Your Job, and Process vs Tool

LiquidPlanner

Dear Elizabeth : Process or tool—which comes first? Our executive team disagrees about this every time we evaluate our project and work processes and start to consider software tools—current and new ones. I fall on the side that process comes first, then you use the right tool to support it. Others argue that you get the right tool and processes fall into place. Process Fan. Dear Process Fan : Which came first, the chicken or the egg?

2017 88

What Can a Project Manager Do Next? The Project Manager Career Ladder

Project Bliss

You’d establish processes and procedures that your team would follow. You’d also oversee budgeting and work with Finance and stakeholders to determine budget forecasts and projections for the year. Like the Portfolio Manager, the PMO Manager establishes processes and procedures for the PMO. She establishes reporting processes and monitors the health of each of the projects carried out by the PMO.

2017 198

Demystifying the PMBOK Process Groups

Wrike

Generally speaking, projects require five process groups — initiating, planning, executing, monitoring and controlling, and closing. These are known as the PMBOK (Project Management Body of Knowledge) process groups. An introduction into PMBOK process groups and knowledge areas.

The Risk Management Plan

Project Risk Coach

Let’s look at how to start the risk management process. Standard categories include schedule, scope, quality, and budget. You may find a risk breakdown structure (RBS) in the organizational process assets that provide a longer list of categories and sub-categories. Most of your project problems can be avoided or greatly reduced through risk management. The simple act of identifying and discussing risks goes a long way towards reducing problems in your project.

Risk 160

Scrum Master vs Project Manager: What’s the Difference?

Project Bliss

Create the project budget. For example, project managers don’t create and manage project budgets in some companies. Scrum Alliance explains that for an Agile team, the Scrum Master “doesn’t manage the team that produces the work; instead, he supports the product owner, coaches the team, and makes sure that Scrum processes are adhered to.”. Are you considering a career move? .

2017 183

7 Realistic Ways to Up Your Project Budget Management Skills

Function Point

7 Realistic Ways to Up Your Project Budget Management Skills. Having strong project budget management skills is crucial to the success of any agency. Whether you’re a new project coordinator first flexing your project budget muscles or a seasoned project management professional looking to further hone your talents, these easy tips can help you improve your project budget methods. This is the gray area where budget overruns most frequently occur.

How to Unite Enterprise and Project Risk Management

Project Risk Coach

Project risk management includes the processes to identify, evaluate, develop response plans, implement responses, and monitor project risks. Here are the Project Risk Management processes : Process. Continual monitoring of risks through risk reviews; evaluating the effectiveness of the risk management processes. Once again, we leverage project management to implement the homeowner deductibles and a process for managing the property exposure/concentration.

2017 180

How to Develop a Strong Governance Process with These 6 Tips ?

Project-Management.pm

Projects involved a lot of planning , implementation , and not to mention tracking or detecting issues and problems within the team or the project, and surpassing the following process. The two governance processes should be implemented constantly to keep track of the scope creeps, risks , opportunities, and also safeguard the following resources from running out. To stay within deadline means having a governance process that everyone will adhere to.

6 Practical Ways to Actually Improve Your Cost Management

Project Risk Coach

How many of those projects came in over budget? The sponsor increased the budget to $110,000. We give and we take, and we attempt to find ways to deal with the budget constraints we face each day. (If Adding, changing, or eliminating project activities without adjusting the budget is a formula for disaster. If you want to deliver your projects at or below budget, be sure to implement and use a change control process. So, you have a budget.

2017 180

12 Project Management Related Tools to Check Out for 2017

Brad Egeland

2017 is right around the corner so maybe it's time to try something new. In this presentation, I'd like to share 12 such products that are definitely worth checking out for your 2017 project management needs. dapulse focuses on process. The software allows project teams to gain visibility into project timelines, resources, issues, budgets and more. Comindware Process puts a sharper focus on people and processes needed to successfully execute projects.

2017 112

E-Learning Tools For Project Managers

Arras People

It will teach you about scope, planning, budgeting, resources, and risks. Learning Gantt and PERT charts will also help you walk through the necessary processes to successfully manage each project. For those working in project management that don’t have the time to go to a traditional class, all is not lost. There are now plenty of online options for anyone who wants to take business and management classes. There are also plenty of apps that can be used as tools as well.

2017 170

Communications Tools: The Project Banner

Girl's Guide to PM

If you’d asked me a month or so ago if I’d ever have used a roller banner for my project comms I would have said I didn’t have budget for that kind of thing. I should have measured it first as we’ve just had the ceiling painted as we’re in the process of moving into that room and I was nervous about bashing it with the support pole. This article, Communications Tools: The Project Banner , first appeared on Girl's Guide to PM.

2017 263

The 30 Most Popular Project Management Articles from 2017

MavenLink

So where did many of the business and technology executives and professionals frequent to find the top content of 2017? Project management: 7 steps to on-time, on-budget, goal-based delivery (CIO). Summary: The article covers seven high-level project management steps to help project managers achieve on-time, on-budget, goal-focused delivery of high-profile projects, to increase their project success rates and career prospects.

2017 62

Five Professions That Make Great Project Co-ordinators

Arras People

Lawyers, paralegals or anyone working in a clerk type position – they’re great with process and procedures. I’ve often interviewed people from the forces for project co-ordination positions and found that they fit in well into organisation’s whose project management approach is very process-driven and structured. I recently held a project management careers clinic with someone who was wanting to get into a project management role.

2017 169

7 Things You Ought to Know About Identifying Risks

Project Risk Coach

In this process, we consider future events or conditions that may impact our ability to achieve our goals. If you understand these basic principles, you have the foundation for an effective and efficient risk identification process. These individuals think they can manage the risks without going through a formal process of identifying and assessing the risks. All risks should relate to at least one of the project goals (time, budget, quality, etc.).

2017 160

Are You An Intentional Project Manager?

Project Risk Coach

As you struggle with project estimates, budgets, and risks, you engage with team members that bring their personal and professional issues into your world. The process never ends until we die. You can grab a FREE copy (Kindle version) of my book — The Intentional Project Manager — from February 27 – March 3, 2017 on Amazon. 10 Things Successful Project Managers Never Tolerate This is a great time for you to be an intentional project manager.

2017 160

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

As defined by Porter , strategy is “ a process of analysis which is designed to achieve the competitive advantage of an organization over another in the long term ”. Budget?: A popular financial metric is budget variance, the difference between proposed and actual costs. You should also review how much time was needed to develop the budget, and how frequently the budget was revised during project execution.

2017 150

Maintain a Healthy Project Portfolio with Metrics and Reviews

Arras People

As defined by Porter , strategy is “ a process of analysis which is designed to achieve the competitive advantage of an organization over another in the long term ”. Budget?: A popular financial metric is budget variance, the difference between proposed and actual costs. You should also review how much time was needed to develop the budget, and how frequently the budget was revised during project execution.

2017 150

Professionalise Project Management

The Lazy Project Manager

Tailwind’s experience is vast, from providing interim resources in the project and programme management space, supporting the recruitment process, experiential workshops, coaching – from project managers through to executives, providing keynote speakers, implementing PPM Academies, PM Healthchecks and Leadership development.

2017 174

20 Things For Your Project Management Plan [With 3 Free Templates]

Girl's Guide to PM

For example, you might include your approach to status reporting, whether you are going to use Earned Value or not, what software you are going to use to manage the budget and schedule and so on. If your company has a standard risk management process, refer to that here. Budget. You need to include an indication of the approved budget. Here’s the budget tracker spreadsheet that I use. Your project management plan is more than just a schedule of work.

2017 200

A PM’s Guide to Agile Software Development

Project Bliss

This group of guys recognized a need for a more adaptive alternative to the regimented, documentation-driven software development process. They identified the following 4 values promoted in Agile software development: Individuals and interactions over processes and tools. Source: Manifesto for Agile Software Development , Working software, collaboration, and responding to change are valued more highly than process, documentation, and following a rigid plan.

2017 167

Making Better Business Decisions with Continuous Planning

Arras People

Budget season. Let annual planning be a top down budgeting exercise it should be and shift your organization to a continuous planning model that will reduce bureaucracy, improve your plan’s accuracy, drive agility, and improve portfolio management. If projects and corporate initiatives span multiple fiscal years, it’s important to extend planning beyond the annual budget. 56% say improving accuracy is the main reason to change a company’s planning process.

2017 161

7 Best Productivity Apps For Project Managers

Girl's Guide to PM

The students aren’t project managers but they do have to manage projects, and later in their careers they’ll be handling big budget projects so the need tools that will grow with them and yet be simple to use. I have seen great boards created where the steps are organised by process (move along the process as you progress in the work) and also those organised by theme (all similar tasks together in one chunk, regardless of process step).

2017 258

Managing Project Christmas

Arras People

Hope your Christmas is on time and on budget! Who’s turn is it to decide where we go and is it really viable to choose to go skiing when we don’t have expendable budget anyway? Objectives – to complete the wide variety of Christmas tasks on time and to budget, some of which include: The family presents – covered in our Quality Approach. Budget – whatever this is…set your tolerances high! It’s the teams turn in this process.

2017 155

Free project management certifications

Moira Alexander

Six Sigma: Define and Measure - an introduction to the Six Sigma methodology and DMAIC cycle for process improvement with a focus on the define and measure phases. Project Management Life Cycle - a course on how to apply project management tools, processes, and techniques for the successful execution of a project from initiation to closing.

Project managers, just say no!

Ron Rosenhead

There is a huge demand from senior managers and stakeholder and clients to deliver quicker, with the same level of quality and of course, on budget! Effective change control – project management processes have clear change control processes. If you don’t have a change control process, develop onbe and have it as an integral part of your processes. But use what is in project management system and your people skills.

2017 214

5 Quick Tips for Staying on the Budget

ActiveCollab

Bad budget management can severely damage the quality and easily break the project. What kind of impact will it have on the project budget and team performance? What if a client’s additional requests leave me with no room to maneuver and eventually eat my entire project budget? The easiest way to do this is to organize a meeting and provide the most accurate estimate of the budget you will need to successfully complete the project.

How to Communicate Risks

Project Risk Coach

The communication process can be challenging. schedule, budget, scope, quality) would be impacted? Ask your team to help you review and improve the communications process. How do you communicate risks? Some project managers rarely mention risks; others bore people to tears with too much information. Ninety percent of a project manager’s job is communication. And one of the most important things to communicate is your risks.

Risk 153