ProjectManager.com

OCTOBER 5, 2023

Through this analysis, companies can make more accurate and informed projections to help them minimize their costs and identify areas where they’re overspending. The more accurate you are, the better, of course. There’s also historical data that can help you determine the cost compared to what similar projects cost.

Controlling 329

Controlling Manufacturing Construction Underperforming Technical Team 329

ProjectManager.com

NOVEMBER 29, 2023

This is done through analysis, planning and managing costs that are related to IT operations, projects and services. To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments.

Infrastructure 318

Infrastructure Finance Executing Governance 318

Rebel’s Guide to PM

NOVEMBER 16, 2022

I use low-code and no-code tools for various different automations and data processing at work, and while I’m no expert, the low-code revolution is going to make it easier for us all to do a whole lot of stuff without input from IT. You can take either the Foundation or Practitioner Citizen Developer course.

Software Review 380

Software Review Technical Review PMI Application Development 380

LiquidPlanner

SEPTEMBER 4, 2018

So much of what you might have read about online or in project management books, or even be taught on training courses, is simply not aligned the skills we need to use every day. Courses, coaches, blogs, and websites try to give us a rounded view of what project managers need, and some skills and tools do still have value in some situations.

Governance 588

Governance Government Influencer Lean 588

ProjectManager.com

JULY 20, 2023

They can assist with distributing resources, analyzing data to identify issues before they arise in the project, creating project plans, roadmaps and more. This gives project management consultants the tools they need to monitor with real-time dashboards to gather data and then plan with robust Gantt charts to get projects back on track.

Consulting 381

Consulting Certification PMI Technical Review 381

The IIL Blog

FEBRUARY 28, 2024

Insufficient depth in risk analysis, such as relying on qualitative assessments alone without considering quantitative analysis, can result in inaccurate risk prioritization. AI can analyze large volumes of project data to identify patterns and trends that may indicate potential risks.

Risk Management 162

Risk Management Risk Controlling Artificial Inteligence 162

Rebel’s Guide to PM

MARCH 14, 2024

That means removing the busywork of project management like data collection, status reporting and tracking – which I think is a good thing. There are more data and analytics projects being kicked off in 2024 than previous years, with 77.6% of organizations reporting that they are driving business innovation with data compared to 59.5%

Artificial Inteligence 372

Artificial Inteligence Technical Review 2028 2024 372

ProjectManager.com

MAY 2, 2024

Various methods can be employed, such as directed or random putaway, combined with ABC analysis (prioritizing more important goods) and determining stock-keeping unit (SKU) prioritization. That, of course, is easier said than done. When talking about storage, it’s more than space, but the strategic placement and rotation of stock.

Logistics 349

Logistics Transportation Monitoring Controlling 349

ProjectManager.com

JANUARY 24, 2023

ProjectManager is online project management software that has real-time dashboards that automatically gather real-time data and display them in colorful graphs and charts that give you a high-level view of your tasks, workload, costs and more. It’s immediately ready to deliver live data to help you make more insightful decisions.

Risk Management 295

Risk Management Risk Software Review Monitoring 295

Rebel’s Guide to PM

APRIL 13, 2023

A certificate course helps you stand out from the crowd. However, there are some (good) free online project management courses with certificates out there. The list below contains affiliate links, but these courses are free or can be completed with a free trial subscription. See the course Best place to start Kickoff from PMI 5.0

Certification 450

Certification 2023 PMI Prince2 450

Rebel’s Guide to PM

OCTOBER 7, 2023

I’ve been managing projects for over 20 years and I found the Google Project Management Certificate capstone course quite tricky. It’s hard to know what they are looking for in the Sauce & Spoon case study, so if you’re working through the course, here are some tips as you prepare to submit your capstone assignments.

Certification 309

Certification Software Review Estimate Risk Management 309

The IIL Blog

FEBRUARY 14, 2024

This technology is capable of creating entirely new content from existing data, but navigating its vast potential can feel overwhelming. IIL’s course offerings delve into the “how” of generative AI solutions, providing a roadmap for organizations looking to integrate this technology into their project management workflows.

Generative AI 156

Generative AI Innovation Risk Management Leadership 156

ProjectManager.com

FEBRUARY 28, 2023

As you might imagine, having project management software helps plan, manage and track this work, but if you’re not using such tools, there are product management templates that can help you steer the course. There’s also room for user stories and, of course, requirements, features, release criteria, success metrics and more.

Software Review 283

Software Review Development Team Review Budget Agile 283

Rebel’s Guide to PM

MARCH 11, 2021

AI can automate many of the repetitive tasks involved in managing projects, like data collection, reporting and status tracking. To start applying AI in project management, you need to know what you are using it for and how the data can help you. PWC predicts that 80% of project management work will be eliminated by 2030.

Artificial Inteligence 510

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 510

ProjectManager.com

OCTOBER 18, 2023

Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. This data is often incorporated into the status report. Of course, project performance reporting only shines a light on the project.

Performance Measurement 347

Performance Measurement Risk Management Budget Monitoring 347

Rebel’s Guide to PM

FEBRUARY 28, 2022

Normally we’d think of that in terms of the technical skills they need to deliver the project, like taking a course in a programming language or brushing up their system maintenance skills. Remember that your risk owner allocation might need to change later because you haven’t done a full risk analysis at this point. Analyze the risks.

Risk Management 276

Risk Management Risk Technical Review 2015 276

ProjectManager.com

MARCH 14, 2023

Gap Analysis Template By definition, change takes you from one point to another. The free gap analysis template for Excel helps you analyze where you are and where you want to be. The free gap analysis template for Excel helps you analyze where you are and where you want to be.

Change Management 301

Change Management Software Review Project Life Cycle Risk Management 301

ProjectManager.com

JANUARY 17, 2023

These 15 free Word and Excel templates for business help with everything from cost-benefit analysis to timesheets. SWOT Analysis. Our free SWOT analysis template for Word is a method that can be used to evaluate your business environment. Of course, a template is not secure. Cost-Benefit Analysis.

Software Review 276

Software Review Budget Retail Executing 276

ProjectManager.com

NOVEMBER 21, 2023

It’s estimated by looking at historical data, such as past performance and using that information to predict future performance. That includes the project goals, deliverables, tasks, and, of course, costs. This practical, data-driven approach will help make investment decisions that are more likely to get a return.

Finance 330

Finance Estimate Budget Risk Management 330

ProjectManager.com

AUGUST 13, 2021

Do the research, talk to your crew and explore historical data from past construction projects that are similar to yours. While this identification list is always open for edits and updates, you should have a set deadline so that you don’t get bogged down in analysis. Of course, not everyone likes using a Gantt.

Construction 394

Construction Risk Management Risk Underperforming Technical Team 394

Rebel’s Guide to PM

JUNE 29, 2022

But while there are clear sources (and advocates) for functional and technical requirements, there may be requirements which are neither functional nor technical, and the sources for these requirements may not be advocates for them during the course of the project. In many cases, advocacy must fall to the project manager. Retirement.

2014 342

2014 Information Technology Controlling Budget 342

ProjectManager.com

JANUARY 4, 2023

Stakeholder Analysis Template. Each stakeholder can have a different interest or those interests can evolve over the course of the project. Using our free stakeholder analysis template for Excel helps you devise an effective stakeholder communication plan to keep them properly informed. Cost-Benefit Analysis Template.

Software Review 242

Software Review Risk Management Consulting Monitoring 242

ProjectManager.com

MARCH 9, 2022

Stakeholder Analysis. Once you identify your project stakeholders, it’s time for the stakeholder analysis phase, where you’ll need to gather information and requirements from them. Stakeholder Analysis Template. Stakeholders want data, but they don’t want to get lost in the weeds of a project.

Software Review 483

Software Review Influencer Governance Government 483

ProjectManager.com

JANUARY 19, 2022

All of your tasks and how they move from one to the next are outlined in the project plan , of course, but having a visual is a quick and easy method to see the big picture. That’s why workflow charts are commonly used for process improvement, business process mapping and business process analysis. What Is a Workflow Diagram?

Software Review 367

Software Review Technical Review Manufacturing Defining 367

Rebel’s Guide to PM

MAY 4, 2021

It will be something we see more of and it will lead into other trends – for example, driving data analysis and giving recommendations for decisions. The next topic that comes to mind for the future of project management is data science and analytics. Change management is another huge topic for data science.

Artificial Inteligence 476

Artificial Inteligence PMI 2021 PMO 476

Rebel’s Guide to PM

APRIL 2, 2023

He warns that if you make large changes you push the project off course and it can take a while before you see what you have done. Then you over-correct by making another big change and you just weave from one crisis to another because you can’t keep your project on course. Measuring progress in small steps will help tremendously.

Underperforming Technical Team 407

Underperforming Technical Team Technical Review Sustainability Estimate 407

ProjectManager.com

NOVEMBER 22, 2023

It’s not something that a business would want to sell over the course of its normal operations. It involves the assessment and predictive analysis to align the capital project to long-term objectives. But what is a capital asset? A capital asset is any significant piece of property with a useful life longer than a year.

Budget 340

Budget Software Review Planning Construction 340

The IIL Blog

MARCH 20, 2024

For some roles, such as project and portfolio managers, we will have more time to focus on higher-reasoning skills such as data analysis, critical thinking, strategic thinking, and complex problem-solving. AI tools for data analysis and decision support can assist project managers in making more informed project decisions.

Artificial Inteligence 88

Artificial Inteligence Technical Review 2030 2025 88

ProjectManager.com

FEBRUARY 13, 2024

Of course, back then Gantt charts were drawn by hand, which was a labor-intensive method. He’s also a forefather of industrial efficiency through scientific analysis that removes chance and accidents. The harmonogram is a form of graphical analysis used in the theory of work harmonization.

Engineering 346

Engineering Underperforming Technical Team Influencer Consulting 346

ProjectManager.com

SEPTEMBER 16, 2020

Of course, this also adds to the cost of the overall project. But, this course of action should not be taken without first analyzing its feasibility and risk. Whichever route you take, it’s always wise to give it thought and analysis. A related method for truncating your schedule is called fast tracking.

Software Review 513

Software Review Budget Risk Management Executing 513

ProjectManager.com

FEBRUARY 2, 2022

Each decision should, ideally, be the result of thorough research, counseling from the team and historic data. A decision log, therefore, is a list of critical decisions that have been agreed upon over the course of the project. A decision log can merely be a reminder of the course of action. Projects are a series of decisions.

Risk Management 331

Risk Management Risk Construction Software 331

ProjectManager.com

FEBRUARY 21, 2023

These templates cover everything from Gantt charts, project planning, resource allocation, status reports on project data and so much more. They need metrics to help them chart the course of those projects and know when changes are required to keep everything on track. We’ve collected 15 free templates that are suitable for a PMO.

PMO 244

PMO Software Review Risk Management Risk 244

ProjectManager.com

MARCH 7, 2023

Of course, no two events are exactly alike. Event Timeline Template Of course, all of this must be done within a certain timeframe. Cost-Benefit Analysis Template Before you propose to produce an event, you need to know that the project is going to bring a return on your investment. That’s why our free template is customizable.

Planning 282

Planning Software Review Budget Influencer 282

ProjectManager.com

FEBRUARY 19, 2019

Those actions set a course towards profit and market dominance, but whether they achieve these objectives or not, they’re making an impact on people, places and things, which will react in kind. Business impact analysis is a tool to help plan for the inevitability of consequences and their cost. Business Impact Analysis Defined.

Technical Review 327

Technical Review Software Review Risk Management Risk 327

ProjectManager.com

JULY 5, 2022

One way to narrow down the focus to make the right solution clear is to follow these six steps (after the relevant research, of course): Note the alternative solutions. This will provide that extra flourish of data visualization and skill that Excel sheets lack. Competitor Analysis. SWOT Analysis. Project Governance.

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Governance 370

Rebel’s Guide to PM

MARCH 2, 2022

Experienced BAs are hard to come by and very valuable (so if you have the opportunity to have a business analysis expert on your team, grab it!). As you review your project management documentation, look for relevant information, contacts, facts, data sources and more. Or, of course, anything else. Look for relevant information.

Risk Management 400

Risk Management Risk Process Controlling 400

ProjectManager.com

FEBRUARY 26, 2021

As you do go through this step, you’ll want to collect the data in a risk register. Do the same with historical data on past projects. Of course, a lot of that data is complex, but most industries have best practices, which can help you with your analysis. Think of the many things that can go wrong. Think about it.

Risk Management 535

Risk Management Risk Process Monitoring 535