Rebel’s Guide to PM

JULY 22, 2019

Creating a project budget involves: being able to identify all the items that are going to cost money building a complete picture of what you need to spend getting approval for that amount. So it’s worth spending some time on making sure your budget is comprehensive. Direct costs are going to form the bulk of your project budget.

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Rebel’s Guide to PM

FEBRUARY 1, 2017

This is a guest article by author Edoardo Binda Zane. 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.

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Project Risk Coach

MAY 28, 2019

After publishing my article entitled Evaluating Risks Using Qualitative Risk Analysis , I received questions on how to determine project budget reserves. Project Budget Reserves: Questions and Answers. Imagine a project budget with no reserves. For example, a project manager may estimate the project cost to be $100,000.

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Rebel’s Guide to PM

JANUARY 6, 2022

This article first appeared at Rebel's Guide to Project Management. The projects that you read about in the media are often high profile, with budgets in the multimillions or even billions. I’m one of those examples of coincidences in your life that help you to discover a career path that you really love.

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ProjectManager.com

MARCH 14, 2024

The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. For example, creating a website or mobile app to sell products online, marketing to promote new stores or building a facility to increase production. This will inform your schedule and budget.

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Rebel’s Guide to PM

JANUARY 31, 2024

Add project management software or testing tools (or whatever else you need) to the project budget. For example, we use pair programming to ensure that software errors are less likely to make it into the final version and that the quality of the code is as good as it can be. But, projects rarely have dedicated budgets for training.

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Resource Guru

MARCH 21, 2023

5 key project team roles and responsibilities Other roles in a project team Project team roles and responsibilities example Project team role and responsibilities matrix Project team roles FAQs Clearly defined project team roles mean a greater chance of project success What is a project team? And that’s exactly what we’re here to do today.

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Rebel’s Guide to PM

MARCH 31, 2024

Projects always have certain constraints – there may be an urgency to complete a project because of external market factors, for example; or there may have to be tightly controlled costs because of a fixed or limited budget. Cost Many projects have fixed or maximum budgets that cannot be exceeded. What is the Triple Constraint?

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Rebel’s Guide to PM

SEPTEMBER 24, 2023

However, the project sponsor is the person responsible for decisions that affect the project budget and the schedule, where making a change would deviate from the agreed plan. You can change the dates or the budget as long as you don’t go outside the zone. They define your zone of responsibility.

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ProjectManager.com

MARCH 8, 2024

Clarifying information that wasn’t included or unclear in the scope of the construction contract is critical to delivering a project on time, within budget and meeting quality standards. It also helps in understanding the construction budget by providing a better understanding of the cost of an item or service.

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Rebel’s Guide to PM

NOVEMBER 25, 2023

In this article, we’ll look at the causes of team conflict on projects, how to identify conflict and resolution strategies so you can all get back to work. If you prefer to watch videos instead of read, skip on to the videos in each section that summarize the article. What is team conflict?

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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. Maintenance Scheduling Example Let’s look at a manufacturing facility for an example of maintenance scheduling. Here are a few related examples.

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Rebel’s Guide to PM

DECEMBER 18, 2022

By the end of this article, hopefully, you will have a better understanding of how to approach requirements gathering (which we should really call eliciting requirements) for your next project! Second, they help to ensure that the project team can balance scope, timescale, budget, and resources to get them an output they will find acceptable.

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PM Basics

NOVEMBER 5, 2023

In this article, you'll find several examples of project budget templates. Also, you'll discover best practices of how to create an accurate budget. The post How to Create an Accurate Project Budget (+ Awesome Template) first appeared on IT PM School.

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Rebel’s Guide to PM

JULY 11, 2022

Here’s how to showcase your projects on your CV (as we call a resume here in the UK, and I’ll use both terms interchangeably in this article) to make it clear what you are capable of. I’ve included some examples below so you can see how to phrase your resume sections. What projects to include on your resume.

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Rebel’s Guide to PM

FEBRUARY 12, 2024

Unfortunately I’m not able to say, “I’m struggling with Excel right now, I really don’t have these budgeting skills, so we won’t bother to have a budget tracker on this project.” Budget management is definitely a skill to develop because it is useful in future roles too – say, if you move into a role with a P&L responsibility.

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PM Basics

SEPTEMBER 14, 2022

Below, I want to give an example of what you need to do to get from stakeholder requirements to actual tasks that your team will have to perform. Scope Decomposition Example. There are different best practices on how and when to collect emails for example, when a person visits a site or when they want to leave it. com website.

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Rebel’s Guide to PM

APRIL 22, 2024

I’m sure you can think of some poor resource management examples. You might be prepared to accept that, for example, if you have a senior team member checking their work, or you allow for extra time so they can learn on the job and be faster next time. This article first appeared at Rebel's Guide to Project Management

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Rebel’s Guide to PM

MARCH 10, 2022

Now we’ve approved the budget and the project has started, how much will it really cost? What has that done to the budget? Given that plenty of studies show cost overruns, some finding that 9 out of 10 projects go over budget (averaging 28% overspent), it’s not surprising that project sponsors want to keep a tight grip on costs.

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Rebel’s Guide to PM

APRIL 10, 2023

This means that the initial estimate should be delayed if at all possible, or given as a broad range, and the problem of insufficient adjustment should be given real attention by management to ensure that estimates of key factors such as the portfolio budget really do evolve over time to reflect true values. (p.

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Rebel’s Guide to PM

OCTOBER 1, 2023

How to include project management skills on your CV Let’s just go with the fact that CV and resume are interchangeable terms for the purposes of this article. Below, we’ll look at some examples of common project management skills for your resume. For example, have you run workshops for 5 people or 500? Here’s how.

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Rebel’s Guide to PM

APRIL 12, 2023

Maja Mrsic Here are 3 examples of projects that didn’t go to plan. These are just a few examples of projects that failed while wasting a tremendous amount of money and time. For example, in June 2010 Chrysler merged with Fiat. You can’t expect your business to thrive if you are working on a shoestring budget.

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Project Risk Coach

DECEMBER 4, 2022

This article will examine the five techniques for risk identification. Ideally, the risks are listed in categories such as schedule, budget, quality, and scope. For example, an organization may contract with a third party to provide products, services, and supplies. Techniques for Risk Identification 1.

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ProjectManager.com

FEBRUARY 27, 2024

Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. They organize your tasks, help you write a project charter, come up with an accurate budget and so much more. That’s how you deliver on time and within budget. Project Budget Template All projects cost money.

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Project Risk Coach

MARCH 5, 2023

In this article, let's explore the benefits of clear risk statements. For example, an individual may rate the probability and impact of a threat too low. If we do not understand the risk appropriately, we will likely waste time, energy, and budget with inappropriate responses.

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PM Basics

SEPTEMBER 7, 2022

Here’s the most important thing you need to take from this article. For example, when you collect requirements and write specifications , you and your team should always be on the lookout for risks: Track all the assumptions you make. After you’ve drafted the project budget. Now, let me give you some real-life examples.

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PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Table of Contents: Risk Management Plan Example. Software Project Risk Management Plan Example.

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Project Risk Coach

OCTOBER 3, 2022

In this article, we will explore what a risk threshold is, why it matters, and look at some examples. Learn more about project risk in my article What is Project Risk? Risk Threshold Examples We sometimes say, "The husband swept his bride off her feet and carried her over the threshold into their home." What is Risk?

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Rebel’s Guide to PM

AUGUST 8, 2022

It identifies planning risks based on fiscal boundaries (for example, where you can’t move the project budget from one financial year to the next) and also on calendar boundaries (for example, delivering something before the end of the tax year). This article first appeared at Rebel's Guide to Project Management.

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Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. For example: a project management artifact is the project closure document. Artifacts are categorized in the PMBOK® Guide – 7 th edition into 9 different types and that’s what this article is going to look at.

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Techno-PM

JUNE 20, 2023

A well-defined scope management approach is essential for keeping projects on track, preventing scope creep, and ensuring that project objectives are met within the allocated time and budget. This includes factors such as time, budget, and resources. Project Boundaries: Determine the limitations and constraints of the project.

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Scrum.org

NOVEMBER 16, 2023

This article continues from the Product Wall introduction article. In this article, we explain the Roadmap section. A roadmap is not: a fixed list of promises that teams need to deliver during the next year so management can base their budget on that and punish the team if they haven't met their roadmap.

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Rebel’s Guide to PM

SEPTEMBER 19, 2021

You can download templates from within the article. How to plan a budget for a proposal with a step-by-step guide : You can download a proposal template from this article. How to plan a budget for a proposal with a step-by-step guide : You can download a proposal template from this article.

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ProjectManager.com

FEBRUARY 9, 2024

Then we’ll provide an example to better illustrate what we’re talking about and even provide a download to a free strategy map template to help you get started. ProjectManager is award-winning project and portfolio management software that helps you create timelines and budgets for your organization’s projects and processes.

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Project Risk Coach

JANUARY 4, 2021

In this articles, let's look at 7 steps to better problem solving. Insufficient budget. Consider a personal problem – the family expenses have been over budget for the last three months. For example, let's assume that you plan to purchase a software solution. All project managers face problems. Some big, some small.

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ProjectManager.com

FEBRUARY 16, 2024

No Cost or Resource Tracking Features: Projects are expensive and costs must be closely monitored to make sure you don’t overspend the budget. In the MS Project Gantt chart example below, the percent complete of the task that’s selected has been set to 45%. This is shown in each bar of the Microsoft Project Gantt chart.

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Rebel’s Guide to PM

JULY 28, 2023

B Blue Project closed R Red Project is likely to deliver late/over budget A Amber Project has missed some targets but overall end date/budget is not at risk G Green Project on track As you can see, this equates to the acronym BRAG. It could be over budget, running behind schedule or have uncontrolled scope changes (or all three).

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