ProjectManager.com

FEBRUARY 27, 2024

Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. You get to address the planning basics, such as defining your project scope, identifying milestones and breaking the project down into manageable phases and tasks. Without a plan, projects are in trouble.

Planning 366

Planning Software Review Risk Management Budget 366

Teamweek

NOVEMBER 3, 2023

Top-down estimating is a form of estimation where existing knowledge of similar projects is used in the estimation process to produce a ballpark figure for the total cost. Like other methods to estimate a new project’s cost , top-down estimation has advantages and disadvantages. What is top-down estimating?

Estimate 52

Estimate Budget Influencer Initiating 52

Rebel’s Guide to PM

APRIL 2, 2023

When a program is failing, you should define the problem and potential solutions, and alert stakeholders at the first sign of trouble, according to LeRoy Ward, Executive VP at ESI. Data about how far off the original estimates were is needed to make accurate forecasts. Define the charter with the sponsor and steering committee.

Underperforming Technical Team 412

Underperforming Technical Team Technical Review Sustainability Estimate 412

Rebel’s Guide to PM

JULY 24, 2023

What is a ROM estimate? A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets.

Estimate 286

Estimate PMO PMI Budget 286

Rebel’s Guide to PM

APRIL 22, 2024

Resource management is difficult because work is unpredictable and people aren’t very good at estimating! and define how leaders can secure resources. Resolve by using forecasting and capacity planning reports, getting good estimates from resources and leaders on how long work will take and when it can start.

Technical Review 283

Technical Review PMO Risk Management Software Review 283

ProjectManager.com

AUGUST 29, 2023

Plus we’ve added handy links to help you dive deeper into different topics with videos, articles and even our round-up of all resources so you can put these important terms into practice with your projects. Find a term you want defined that isn’t on this project management glossary? It is also called a Business Case.

Software Review 393

Software Review Underperforming Technical Team Lean Event Chain 393

MPUG

JANUARY 8, 2024

The Project Management Institute defines a project as “a temporary endeavor undertaken to create a unique product, service, or result.” The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. The problem is that projects are unfamiliar and uncertain.

Estimate 52

Estimate Technical Review Risk Management Closing 52

ProjectManager.com

MARCH 8, 2024

Let’s define a few in comparison to an RFI in construction. As we’ve already defined, RFI construction documents clarify questions about specifics during construction. The RFQ asks how a vendor or contractor should handle a specific aspect of a project, from cost estimation to work descriptions. You’ve come to the right place.

Construction 319

Construction Software Review Engineering Budget 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. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. The article will be updated in due course. What is an artifact?

Logistics 510

Logistics Artificial Inteligence PMI Performance Measurement 510

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

SEPTEMBER 3, 2021

This article will explain project contingency, how to calculate contingency and how to manage it within the scope of your projects. Contingency can be defined as additional resources put aside to address potential risk and uncertainty in a project. The project contingency is therefore cost estimated at a probability value.

Technical Review 302

Technical Review Software Review Estimate Risk Management 302

ProjectManager.com

MAY 22, 2024

First, we’ll define batch production and list examples of industries that use it to manufacture their products. The free template lists all the tasks and estimates their duration, adds the needed resources and hour rates for them and calculates the resource utilization. Let’s take a closer look at the last one, batch production.

Manufacturing 307

Manufacturing Software Review Project Life Cycle Technical Review 307

Rebel’s Guide to PM

NOVEMBER 2, 2023

In the dynamic business environment, companies need accurate estimations for timely decision-making and futureproofing workforce availability against market volatilities. It is a step-by-step process that project managers can implement to estimate and allocate resources effectively.

Underperforming Technical Team 302

Underperforming Technical Team Technical Review Software Review Estimate 302

Scrum.org

JANUARY 31, 2024

Further defining Product Backlog Items into smaller and more clear items can improve the Team's focus, flow of work, and the Product Backlog ordering. 4. Sizing: Accurately sizing the work or estimating the complexity of each backlog item enables better ordering and planning. © 2024 wowefy.com

2024 143

2024 Estimate SCRUM Risk Management 143

Rebel’s Guide to PM

JULY 25, 2022

Define what the meeting is for and what we are expecting as a result: an agreement, approval, a work plan, etc. Start on time, define the objective and agenda, but don’t wait more than 5 minutes for anyone who is late (respect the time of the rest of the attendees). Ready to find out how to chair a meeting successfully?

Estimate 438

Estimate Defining Planning 438

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. In this KA, you cover everything to do with defining the work required to deliver the scope, putting those tasks in the right order, estimating how long they will take to do and building the project schedule.

PMI 207

PMI Risk Management Risk Technical Review 207

ProjectManager.com

MAY 15, 2024

This is important as it determines if the work described in the contracts was completed as defined. This includes all contracts, proposals, the business case, charter, scope statement, schedule, budget estimate, project management documents, surveys, status reports , checklist and emails.

Project Life Cycle 352

Project Life Cycle Software Review Certification Construction 352

Rebel’s Guide to PM

JANUARY 31, 2024

The basics: defining quality Knowing how you are going to manage quality feeds into your quality plan (obviously). The APM BOK defines project quality as: “The fitness for purpose of the degree of conformance of the outputs of a process, or the process itself to requirements.” The options are: Once (i.e.

Software Review 336

Software Review Technical Review Budget Defining 336

Teamweek

JULY 29, 2022

“ I’ve done this a million times–let’s skip estimating just this once.”. You rush through the beginning estimates only to miss deadlines, blow budgets, and draw raised eyebrows from clients. In this guide we’ll cover: What are project estimation techniques? What are project estimation techniques? Cost estimations.

Estimate 52

Estimate Software Review Risk Management Budget 52

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. Your PMO may define mandatory artifacts: a list of project documents that you must create for each project.

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

Kiron Bondale

JULY 24, 2022

In my previous article , I provided an overview of my current personal project of preparing for and running for election as one the city councilors in Welland, Ontario. Not having run for public office before, it would be unwise for me to attempt to define the full scope of the campaign deliverable up front.

2023 194

2023 Budget Defining Estimate 194

Scrum.org

SEPTEMBER 10, 2023

In this article, we'll explore these crucial areas for a Scrum Product Owner's success. Defining Product Vision and Strategy Product Owner discussing work in progress with the team. Estimation Techniques Accurate estimation of user stories is crucial for planning sprints and releases.

SCRUM 155

SCRUM Development Team Review Underperforming Technical Team Certification 155

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

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. Understanding the Basics of Construction Budgeting Accurate cost estimation is the cornerstone of construction budgeting. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

Project Risk Coach

DECEMBER 4, 2022

This article will examine the five techniques for risk identification. The project sponsor defines the project goals and determines the business strategies to make it happen. Risk identification is an integral part of project risk management. Techniques for Risk Identification 1.

Risk 395

Risk Risk Management Budget Engineering 395

The IIL Blog

OCTOBER 17, 2023

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Business Analysis A process in which an individual identifies business needs, defines solutions and facilitates change to meet organizational goals.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Online PM Courses

JUNE 3, 2018

There are two reasons why Project Estimation is a big deal for project managers. And second, poor estimates are often a primary reason for a project cost or schedule over-run. So, in this article, we’ll take a careful look at project estimation, to help you learn how to master the art and craft of doing it well.

Estimate 72

Estimate Technical Review Underperforming Technical Team Agile 72

Rebel’s Guide to PM

JULY 22, 2023

At this early stage in the project, we’re mainly dealing with ballpark figures like a rough order of magnitude estimate and educated guesses based on previous similar projects, so we need to keep the plan as high level as possible and avoid going into specifics. This article first appeared at Rebel's Guide to Project Management

Technical Review 313

Technical Review Software Review Construction Defining 313

Rebel’s Guide to PM

SEPTEMBER 8, 2021

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). Estimating methods. Here are four estimating methods. Analogous estimating. This is my go-to estimating method.

Underperforming Technical Team 444

Underperforming Technical Team Estimate Software Review Risk Management 444

Rebel’s Guide to PM

MAY 10, 2022

Given all their experience, they should be able to come up with some realistic estimates for time frames for all the tasks on the plan. And put some contingency time explicitly in the schedule if you are worried that there is a degree of uncertainty in the estimates. Finally, it’s time to present your new schedule to your Sponsor.

Estimate 256

Estimate Finance Defining Planning 256

Kiron Bondale

AUGUST 1, 2021

Given that a progressive elaboration approach has been utilized, certain work streams were fully defined early on whereas others have been decomposed over time. Cost estimation and budgeting has followed a typical top-down/bottom-up approach.

Estimate 207

Estimate Governance Government Budget 207

Rebel’s Guide to PM

MAY 17, 2022

In the Planning phase, the project manager also defines internal and external communications. These can be broken down in smaller, more manageable sub-tasks and estimated by the team. Pin for later reading: This article first appeared at Rebel's Guide to Project Management. Tasks are continually added during the project.

Technical Review 406

Technical Review Development Team Review Risk Management Agile 406

Rebel’s Guide to PM

MAY 3, 2022

In this article, you’ll learn about 20 things to include in a project plan. Estimating assumptions and methods. Record how you are going to create your estimates for the project (time and money) and note any assumptions. If you have company-approved estimating techniques, note which ones you are going to use.

Planning 327

Planning Software Review Risk Management Estimate 327

Rebel’s Guide to PM

MAY 16, 2022

Requirements and test coverage workflow: Link test cases to requirements, create the build and test sessions, and define the release. Then set other parameters to help you manage them such as: Priority Estimate Description (this is where most of the info goes) Attachments Comments Tags. All the things Xebrio can do.

Software Review 364

Software Review Technical Review Software Estimate 364

Scrum.org

APRIL 19, 2021

Shall I notify you about articles like this one? The Product Owner is the least well-defined accountability within the Scrum framework and—at the same time—the one Scrum role with the most facets. 19 Product Owner Interview Questions on the Product Backlog, Refinement, Forecasts, and Estimates. What items need to be split?

Underperforming Technical Team 253

Underperforming Technical Team SCRUM Estimate Agile 253

Rebel’s Guide to PM

SEPTEMBER 29, 2021

In the PMI Business Analysis Practice Standard, business analysis is defined like this: The set of activities performed to identify the business need and recommend relevant solutions; and to elicit, document, and manage requirements. Get in touch and let me know so I can update the article!). What does a business analyst do?

2020 408

2020 Certification PMI 2013 408

Teamweek

JANUARY 29, 2024

In this article, you’ll discover: Essential elements of a great project schedule. A well-defined project schedule gives you a clear picture of your priorities, resources, and progress. Step #1: Define the project scope This step is about establishing what you want to achieve with the project and what it will take.

Estimate 97

Estimate Underperforming Technical Team Risk Management Software Review 97