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Understanding and Using Cost Rate Tables

MPUG

While you perform resource planning in your projects by adding resources to your project team in the Resource Sheet view, you may need to enter basic and custom cost information for those resources. At a minimum, your organization may require you to enter resource cost rates in the Standard Rate and Overtime Rate fields for each resource.

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

ProjectManager.com

Each of these alternatives has unique pros and cons depending on the industry, business size and the level of functionality expected from a Gantt chart tool, which is why it’s important to understand Gantt chart software to know which Gantt chart features are the most useful for the project and its team. What Is Confluence?

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

Rebel’s Guide to PM

Granted, if the budget you build in the proposal phase is carefully put together and everything goes according to plan, you will end up using that directly as your project budget, but for the purposes of this article, let’s just stick to the proposal phase. We start with the 5 easy steps to plan and write your budget proposal.

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

ProjectManager.com

That’s why project managers use them to manage projects of all sizes across industries such as construction, manufacturing, marketing and many more. Since they’re so important, people use a variety of tools to create them. PowerPoint helps you create a simple Gantt chart that most people will be able to understand.

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How to Make a Construction Timesheet With Timesheet Software

ProjectManager.com

One of the tasks of the general contractor is to track those work hours to manage labor costs and keep everyone paid. We’ll explain and tell you when to use a construction timesheet. We’ll explain and tell you when to use a construction timesheet. Timesheets are used to record the time spent on tasks, projects or clients.

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

ProjectManager.com

That’s why we’ve reviewed Trello’s kanban board and identified its key features, pros and cons to help you better understand how it compares to other kanban software. Yes, Trello is software by Atlassian that offers five project management tools: kanban boards, project timelines, calendars, dashboards and tables.

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Expected Monetary Value (EMV): A Project Manager’s Guide

Rebel’s Guide to PM

Using expected monetary value allows you to calculate the profit and loss of an activity, whether that’s a whole project, or part of a project, taking into account different scenarios. Expected monetary value in decision theory is often used to choose between two options. The P&L of the outcome is the EMV. How does EMV work?