Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. That’s because parametric estimations are highly accurate and take some guesswork from your estimation process. What is parametric estimating? The more granular the parameter, the more accurate the estimate.

Estimate 52

Estimate Software Review Project Cost Risk Management 52

Rebel’s Guide to PM

FEBRUARY 5, 2024

In this article we’ll look at how to segment costs, how to find out the cost of things, and then how to structure your budget. If you are planning a budget for a project proposal i.e. pitching to someone else for them to secure your services to deliver a piece of work, then read this article about preparing a budget for a proposal.

Budget 307

Budget Project Cost Estimate Finance 307

ProjectManager.com

MARCH 20, 2024

Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. What Is a Preconstruction Meeting?

Construction 341

Construction Software Review Underperforming Technical Team Estimate 341

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

Kiron Bondale

FEBRUARY 18, 2018

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Estimate the size or effort of that story or work package. But have you heard of RBS?

Estimate 136

Estimate Controlling Agile Risk Management 136

ProjectManager.com

MARCH 8, 2024

The RFQ asks how a vendor or contractor should handle a specific aspect of a project, from cost estimation to work descriptions. RFI Construction Template Of course, an RFI for construction has a bit more information than that. Related Construction Project Management Content Looking for more construction project management articles?

Construction 325

Construction Software Review Engineering Budget 325

MPUG

JULY 8, 2019

That is why duration estimation is one of the most important aspects of project management. In most real life scenarios, clients and mangers are reasonable, giving us some freedom to determine duration estimates for doing our tasks, but this can create other problems. The Estimation Problem. Can there be “exact estimates”?

Estimate 99

Estimate Transportation Influencer Risk Management 99

Rebel’s Guide to PM

FEBRUARY 12, 2024

Of course, you can’t say no to everything either – the skill comes from being able to balance the competing needs of stakeholders and the sanity of your team, the budget, the schedule, and everything else. Take a crash course in spreadsheets if you don’t know your SUM from your COUNTIF. Then schedule around people, not tasks.

Finance 319

Finance Risk Management Budget Risk 319

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. 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. The article will be updated in due course. What is an artifact?

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

FEBRUARY 1, 2022

The most successful students also include reading a range of PMI-ACP books in their exam prep, as well as a training course, just as that little bit of extra comfort. A full PMI-ACP exam prep course. We love this course from respected trainer Cornelius Fichtner and it's a cost-effective way to prepare for your exam. Recommended.

PMI 195

PMI Certification Estimate Software Review 195

Rebel’s Guide to PM

DECEMBER 13, 2022

It can be helpful to compare estimates back to actuals to review how accurate the estimates were and inform future task planning. Organize regular training sessions for your team, and encourage them to spend time completing courses like PMI Kickoff that will help them to do their job better or broaden their skills.

Technical Review 346

Technical Review Software Review Estimate PMI 346

Rebel’s Guide to PM

MARCH 13, 2020

This is a guest article by author Edoardo Binda Zane. Scroll to the bottom to download this article as a handy PDF so you can keep it for reference as you create your proposal. In this article, I will show you exactly how to do that. Not only that: you need to estimate who will do the work. Step 3: Estimate Labour Costs.

Budget 288

Budget Planning Estimate 2020 288

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. Therefore, a proper cost estimation is about finding a fine line in this complex process. What helps make cost estimation simple and efficient? How to estimate project cost .

Project Cost 52

Project Cost Estimate Process Budget 52

Rebel’s Guide to PM

JULY 13, 2022

Have you noticed these are all framed in terminology used for project estimating ? Use them in your reports (this is covered in more detail in my project status reporting course ). In this article, you learned different ways to use storytelling in project management to help stakeholders connect with what the work is all about.

2015 455

2015 PMI Estimate Planning 455

Rebel’s Guide to PM

JULY 25, 2022

It’s not a guarantee of course but the possibility of the participants being in the meeting will be greater, and also the possibility to re-schedule will be smaller. If the required data is available and you are confident using it, then calculate the estimated cost of the meeting.

Estimate 434

Estimate Defining Planning 434

Rebel’s Guide to PM

MAY 25, 2022

We have so much material about what processes to use, and yet it is estimated that 70% – and possibly as much as 81% – of project success depends on the human side of projects. And three times a year I teach an ICF approved coach training course through the Center for Coaching Certification. Gertman et.

Underperforming Technical Team 401

Underperforming Technical Team 2020 2001 PMI 401

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. This article first appeared in 2014 and has been lightly edited to update it.

2014 342

2014 Information Technology Controlling Budget 342

Rebel’s Guide to PM

JUNE 25, 2020

In this article we’ll talk about the different types of bias in project management. Anchoring occurs when a project manager adjusts an estimate closer to a number she previously heard or saw. ” Even if the project manager disbelieves the two-week estimate, she would be unlikely to stick to her two-month plan.

Technical Review 488

Technical Review 2007 Finance Estimate 488

Rebel’s Guide to PM

DECEMBER 17, 2022

In this article, I’ll give you some tips about how to be aware of the impact of culture on communication at work and how to create an environment that is inclusive. It’s estimated that nonverbal communication makes up about 60-70% of all human communication, which means it can be a very powerful tool. The basics. Key takeaways.

Influencer 468

Influencer Governance Government Consulting 468

Rebel’s Guide to PM

SEPTEMBER 14, 2021

This is a guest article by Brantlee Underhill, Managing Director, PMI, North America. By McKinsey & Company’s estimates, this equates to a potential of three months of learning loss in math and one-in-a-half months of learning loss in reading. Take the course. Need a refresher yourself on the basics of project management?

PMI 404

PMI 2020 Executing Initiating 404

Rebel’s Guide to PM

JANUARY 26, 2022

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.

Sustainability 195

Sustainability Controlling Executing Estimate 195

Rebel’s Guide to PM

FEBRUARY 1, 2022

As well as a PMI-ACP training course, the most successful students also include a study guide in their exam prep because those books are designed to help you get ready for the test. In other words, you can work through them like you would a course. A full PMI-ACP exam prep course. Well, you’re in the right place! Recommended.

PMI 195

PMI Software Review Certification Logistics 195

Rebel’s Guide to PM

MARCH 11, 2021

AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. Of course not – life moves on). Lloyd Skinner. Where is artificial intelligence taking project management? Every company is different.”. Solving the real project problem: how AI can help.

Artificial Inteligence 510

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 510

Rebel’s Guide to PM

FEBRUARY 20, 2022

It’s probably fairer and less controversial to say that it was ‘estimated’ rather than created totally randomly from scratch. But she was worried that other people were interpreting the estimate as definite fact. Later in this article is an example of an ethical scenario that Jeff Furman found himself in on a project.

Underperforming Technical Team 424

Underperforming Technical Team PMI Risk Management Estimate 424

Rebel’s Guide to PM

JANUARY 26, 2022

You are steering the ship, but the crew know the course and are willing and able to help you get there. You can’t expect them to give you accurate estimates if they see that you aren’t honest in your presentation of estimates to the senior executives. A version of this article first appeared on the BCS website.

Leadership 195

Leadership Estimate Executing Planning 195

Proofhub

SEPTEMBER 30, 2019

Best Time Management Articles That Are Loved: Reviewed And Ranked Managing time is of utmost importance to be able to conduct projects effectively. So here I’ve curated a list of best time-management articles that are insightful and you should follow to have the best tips. Bad at Time Management? Check this ou t?—?a

2019 94

2019 Software Review Software Estimate 94

Rebel’s Guide to PM

NOVEMBER 21, 2022

Be agile , but make it work for you, without ever having to attend an Agile training course or employing a Scrum Master. The time sheet report gives you data by user, tag, month, item and by time estimated, spent, variances, and cost. This article first appeared at Rebel's Guide to Project Management. You do that.

Software Review 393

Software Review Software Agile Estimate 393

Rebel’s Guide to PM

JANUARY 31, 2024

Make sure that you are thinking realistically about estimates and the likelihood of risk affecting your ability to deliver. For example, I did a conflict resolution course, or you might feel that people could benefit from facilitation training if there is going to be a lot of workshops to run on this project.

Software Review 332

Software Review Technical Review Budget Defining 332

MPUG

APRIL 29, 2020

Please find below a transcription of the audio portion of Oliver Gildersleeve’s Analogous and Parametric Estimating Schedule Template webinar being provided by MPUG for the convenience of our members. The new schedule template covers both analogous and parametric estimating features. Estimating, let me get back to slides.

Estimate 52

Estimate Software Review Risk Management Risk 52

ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. That means your estimates have to be accurate, or as much so as you can make them. Monitor project expenses with this Excel budget template.

Budget 414

Budget Estimate Risk Management Monitoring 414

Rebel’s Guide to PM

APRIL 12, 2022

In this article, we’ll dive into the statistics and you’ll learn: The top challenges facing people managing several projects at once The key skills required for managing multiple projects The top tools for prioritizing work day-to-day. What was initially estimated to take one quarter, ended taking 4. Interested? Notes on the research.

Underperforming Technical Team 373

Underperforming Technical Team Software Review Risk Management Engineering 373

The IIL Blog

JULY 12, 2023

I was the Chair for both the Sixth and Seventh Editions, and I wrote this article to help you navigate the layout of the latest edition of the PMBOK ® Guide. This section presents information on Data Gathering and Analysis Methods, Estimating Methods. Browse IIL’s Project Management Courses here! Meeting and Events, and Other.

2009 148

2009 PMI 2023 2018 148

Scrum.org

OCTOBER 5, 2021

Shall I notify you about articles like this one? Of course, the Developers only commit to achieving the Sprint Goal, not to a batch of specific work items.). The Prime Purpose of Refinement, Sizing, and Estimation. And then, there is Product Backlog refinement and estimation. Estimates Are Useful, Just Ditch the Numbers.

Estimate 200

Estimate SCRUM 2022 Agile 200

Scrum.org

NOVEMBER 2, 2023

Release plans that: Show dates around when features will be done Show dates we plan on iteratively releasing through the course of the next month, quarter, and/or year. We wouldn't have had to create non-sensical Product Backlog Items that we estimated but never touched. I felt it motivated employees. Don’t fall into this trap.

Planning 168

Planning SCRUM Estimate 168

Scrum.org

APRIL 30, 2021

estimating the work in size and value. Estimating Product Backlog items. Estimating Product Backlog items. The goal of estimation is to gain a shared understanding of the work in the Product Backlog, not absolute certainty about the implementation effort involved. Magic Estimation. Ordering the Product Backlog.

Technical Review 223

Technical Review Estimate SCRUM Risk Management 223

Herding Cats

APRIL 29, 2017

What is an estimate? An estimate as a noun is an approximate calculation or judgment of the value, number, quantity, or extent of something. An estimate as a verb is to roughly calculate or judge the value, number, quantity, or extent of. But those estimates, nouns, and verbs themselves's have other attributes.

Estimate 46

Estimate Risk Management Risk SCRUM 46

Inloox

MAY 30, 2022

The costs, initially estimated at 190 million euros, have now risen to 332 million euros and are expected to keep increasing. The bidding companies know that of course and calculate their offers as tightly as possible for a better chance of winning the contract. Consequently, one can hardly speak of a cost explosion.

Infrastructure 235

Infrastructure Construction Software Review 2014 235