article thumbnail

What we want from project management tools in 2022

Rebel’s Guide to PM

And then I log into my PM software and suddenly that simplicity that exists elsewhere disappears… Here are my wishes for the PM software industry for 2022. For example, imagine reviewing estimates from the project team. Would you like to add 20% to this estimate? Give us more data. Projects generate huge amounts of data.

2022 428
article thumbnail

What we want from project management tools in 2020

Rebel’s Guide to PM

And then I log into my PM software and suddenly that simplicity that exists elsewhere disappears… Here are my wishes for the PM software industry for 2020. For example, imagine reviewing estimates from the project team. Would you like to add 20% to this estimate? Give us more data. Projects generate huge amounts of data.

2020 277
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The 18 Most Influential People in Project Management

ProjectManager.com

Individuals across industries, and with varying levels of experience, are providing a substantial impact to its growth and continued evolution. based Spire Healthcare Group, and is the CEO and founder of the Otobos Group, an organization that provides project communications to individuals and businesses across multiple industries.

article thumbnail

Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Most industries have best practices. Through qualitative and quantitative risk analysis, you can define the potential risks by determining impacts to the following aspects of your project: Activity resource estimates. Activity duration estimates. Cost estimates. This post was updated December 2019). Procurements.

Risk 451
article thumbnail

How to Create a PERT Chart

ProjectManager.com

The PERT chart is used by project managers to estimate the minimum amount of time that will be needed to close a project. Since then, it’s found a home in all manner of industries, even the 1968 Winter Olympics in Grenoble. Do an estimate for each task and the time it will take to complete it. These are called nodes.

Estimate 456
article thumbnail

Cost-Plus Contract: How to Use One

ProjectManager.com

The construction industry commonly uses cost-plus contracts. The engineering industry comes in at a close second. The cost of accident insurance, for example, is a major indirect cost of doing business in the construction industry. Experts in these fields are hired to do something their employer doesn’t have the skillset to do.

article thumbnail

Cost Management Basics

ProjectManager.com

In the case of a project, it helps the project manager estimate what the project will cost and set in place controls by which they can reduce the chance of the project going over budget. Cost management is a way of managing project cost, which includes estimating project costs. It’s an outline of the cost estimation for the project.