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Project Management Processes & Phases

ProjectManager.com

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. At first, the concept of the project management process and its practical adaption can seem a little daunting, but this article will give you everything you need to set up PM processes and phases at your business. Cost: Estimate the costs involved across the project and formulate a budget.

Project Management Process & Phases

ProProfs Project Management

In simple terms, the Project Management process is the art of managing all components of a project from starting to closure using a structured scientific methodology. Let’s learn about the whole process while discussing 5 project management steps of a project life cycle.

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Software Estimating Resources

Herding Cats

This blog page is dedicated to the resources used to estimate software-intensive systems using traditional and agile development methods. The reason for this resource page is the lack of understanding of how to estimate, the urban myths about software estimating, and the fallacies that estimating is not needed, when developing software, in the presence of uncertainty, when spending other peoples money. Estimating Probable System Cost,” Stephen A.

Why You Should Go For Remote Employee Monitoring (And How)

Proofhub

Remote Employee Monitoring to Boost Employee’s Productivity Keeping a record of the remote employees’ work is now an easy game Working remotely is now the norm. It’s been estimated that by the year 2027, flexible workers will make the majority of employees in the U.S. Remote Employee monitoring is the answer to all these questions. There are several reasons why monitoring their every move can enhance their throughput. ProofHub is the next wave of employee monitoring.

Estimating is a Learned Skill

Herding Cats

Estimating is a learned skill, used for any purpose from every-day life to management of projects. When I left for the airport this morning to catch my flight to a customer site I estimated, given the conditions, how much time I need to get to my favorite parking spot at DIA. The same process for estimating is applied to multi-billion dollar projects we work. And the same process is applied to the Scrum development processes on those projects. .

How To Create A Simple Project Plan (Project Planning Process)

PM Basics

Nevertheless, project planning is a structured and logical process. In this article, I’ll show you a proven workflow. At each moment of the process, you’re in need of information that you don’t have yet. Most of the processes are interrelated, and you don’t know where to start from. You use outputs from the previous steps in the next step in the process. You need to evaluate each process. Here, I focus on project planning process only.

Accelerate Agile Project Management Success with Microsoft Teams and Planner

MPUG

Even if a customer requirement appears straightforward, it is very difficult to estimate a forecast on effort and necessary development time. Progress is always checked in an iterative process and workflows are adjusted as needed. Articles agile planner teams

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Work Breakdown Structure (WBS) in Traditional and Agile Life Cycles with MS Project

MPUG

Work breakdown structure (WBS) is a key element for management planning, monitoring, and control of a project or a program scope. A WBS is important to further estimation—cost, duration, or resources, planning for resources, risk identification, schedule development, among others.

2020 88

How to Create a Successful Procurement Management Plan

MPUG

Create a timeline and use this to monitor the procuring process and track progress. Thoroughly identify and estimate the costs involved with all procurements. Any changes to the statement of work during the project should be budgeted for and estimated, as needed.

2020 92

Work Breakdown Structure (WBS) in Traditional and Agile Life Cycles with MS Project

MPUG

Work breakdown structure (WBS) is a key element for management planning, monitoring, and control of a project or a program scope. A WBS is important to further estimation—cost, duration, or resources, planning for resources, risk identification, schedule development, among others.

2020 61

A Deep Dive into Risk Matrix Reporting

MPUG

In this article, we will learn about one particular report, the Risk Matrix Report. In the following article, I’ll first outline the foundational blocks of creating the risk matrix, followed by building a risk matrix scoring scheme (instrumental in plotting the risk matrix).

The 20-Percent Startup Solution

MPUG

Keep in mind that poor estimating during the planning phase is the largest contributor to project failures. Most IT organizations talk a lot about their risk and issue management policies/processes which gives’ one an impression they spend about the same amount of time in each area.

2020 88

Webinar Recap: PMI PMBOK Guide 7th Edition Standard – What’s New?

MPUG

So for the first time the PMBOK guide is shifting from a process based standard to a principle based standard. Such as, framework, methods, approaches, processes, knowledge areas, process groups, inputs, tools, techniques, outputs. But, when you take processes.

2020 83

Project Budget Template for Excel

ProjectManager.com

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. Monitor project expenses with this Excel budget template. That process isn’t free.

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PMO Best Practices: 7 Steps for Better Schedule Management

MPUG

There was an initial resistance in implementing new processes, but my client was very supportive. I have written this article to share the best steps for implementing and managing project schedules in a PMO. Step II – Create Processes and Guidelines.

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New PM: The What?, Why?, and How? of Project Charters

Leading Answers

This article explains those basics. To start the chartering process, we first need to understand a few things about the project goals and our internal processes. For our organization, we must understand any strategic plans we need to align with, our standards and processes, contracts to use, and any relevant external factors like market conditions and industry standards. Note: I first wrote this article for ProjectManagement.com here ].

2019 78

Split It Out (Part 1)

MPUG

To have good work package (WP) estimation, it is important for Project Managers and users to know which costs are direct costs and which are indirect costs. After 12 to 18 months, requirements tend to shift, the overall control of the project becomes more difficult, and a PM will likely be spending more time just monitoring a project. I’ll be sharing more ways to separate your projects into management chunks in Part 2 of my article. Articles project management separate spli

2019 76

A Compendium of Works to Increase the Probability of Project Success

Herding Cats

Here are my collected works, presentations, briefings, journal papers, articles, white papers, and essays, used to increase the Probability of Project Success (PoPS) I've developed and applied over my career in the software-intensive system of systems domain. Managment Processes. Making the Impossible Possible: Applying Heliotropic Abundance for creating Program and Project Management Processes. Parametric Project Monitoring and Control. Basis of Estimate Process.

2003 45

Risk Management in Five Easy Pieces, with Apologies to Jack

Herding Cats

These risks can be mitigated with a good risk management process. For risks that are beyond the vision of the project team a properly implemented risk management process can also rapidly quantify the risks impact and provide sound plans for mitigating its effect. Outcomes are categorized as favorable or unfavorable, and risk management is the art and science of planning, assessing, handling, and monitoring future events to ensure favorable outcomes. Related articles.

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10 Knowledge Areas of Project Management (PMBOK 6) With PPT & PDF

Girl's Guide to PM

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide – Sixth Edition. PMI defines a Knowledge Area in the PMBOK® Guide – Sixth Edition Glossary like this: An identified area of project management defined by its knowledge requirements and described in terms of its component processes, practices, inputs, outputs, tools, and techniques. We'll process your data in accordance with our privacy policy.

2019 320

Project Cost Management – The Essential Things to Know and Do

Online PM Courses

So, in this feature article, we’ll look at: What project cost management is. Your ‘Project Cost Management Plan’ Establishing your costs – the processes of estimating and budgeting. Monitoring and controlling project expenditure. Monitoring.

Economics of Software Development

Herding Cats

This is the foundation for estimates. Estimates with accuracy and precision values needed to make credible decisions. These estimates are critical to both developers and customers. These estimates are used for generating requests for proposals, contract negotiations, scheduling, monitoring, and control. Managing in the presence of uncertainty requires a Closed Loop Control process. No Estimates? Related articles.

2017 36

Webinar Recap: Agile Series Part 3 – Best Practices & Real World Use of Agile with MS Project / Project PPM

MPUG

Let’s share the whole monitor. ” So want to continue to do that, and again, for those of you that are on the MPUG membership, there are other articles, videos and things that we’ve been doing over the last few years. It doesn’t mean that you won’t be doing wireframes, so it doesn’t mean you won’t be doing process maps. So if you want to just give me a conversion because I’m switching between monitors here.

2019 40

How to Keep Your Projects On-Time and On-Budget

Arras People

Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. To put it simply, project controls encompass the people, processes and tools used to plan, manage and mitigate cost and schedule issues and any risk events that may impact a project. companies and government agencies an estimated $145 billion per year!

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Webinar Recap: Microsoft Teams – The Hub for Information in Office 365

MPUG

The Microsoft Teams developer platform enables integrations to existing business processes. Human resources, on the other hand, wants to drive alignment on job descriptions, and streamline the interview process. There’s some great articles here. They’re estimating the total savings about $4.8 Articles

2019 40

Resource and Time Management

Arras People

In this guest article from Germain Paris, a consultant at Genius Project, we take a look at the bottom up – the time sheet. To monitor and plan the effort, we need to measure it. The project manager estimates the needs for a project. He or she uses past projects and current tasks to make the estimation. Service companies can also create more realistic estimates and better anticipate the actual project needs. Process automation involves time tracking.

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How to Manage Project Scope

Project Risk Coach

Read this article from Villanova University. The lowest levels of the WBS are the work products and deliverables used for scheduling, estimating, monitoring, and controlling the project. Monitor and Control Project Scope Project managers should meet with their teams on a regular basis to compare the work completed to the project scope baseline (the defined deliverables, assumptions, and constraints). Take changes through a change control process.

2019 187

Webinar Recap: How to Link Tasks Using a Master Project Schedule

MPUG

The process of building a schedule is we start off with we define our activities, we break them down into smaller pieces and we build our work breakdown structure. From there we translate that into a set of activities and milestones, we do some estimating, link all of our tasks together and we have a schedule. Now what I’m going to do is I’ve got five key points, five key touch points that I’m going to monitor at my program level. Articles

2019 40

Strategic Project Portfolio Management [Book Review]

Girl's Guide to PM

It covers the whole lifecycle from finding ideas for projects, through the prioritisation process and planning for the most productive organisation possible. Estimating For Success. Maybe best of all, Moore talks about range-based estimates – a topic I’m very interested in. Moore explains that estimates are biased towards the initial values because people don’t adjust their estimates again after making that initial decision.

2016 212

Advice for Aspiring Project Management Consultants

ProjectManager.com

She recommended the following: Setup systems and processes to structure your work. Get current with software tools that can help you do things like monitor and measure the progress of your initiatives. There’s a chance your estimation of the market rate is wrong.

Time Management Problems? Use These Tools To Make Every Minute Count!

Proofhub

Use them for payroll, client billing, estimation, tracking, and even time management. Set Time Estimates?—? Set time estimates for different tasks and find out if the time taken to perform a task is completed within the set time frame, or exceeds the estimated time.

2020 104

15 Great Ways Project Management Can Help Your Growing Business

Keyedin

In this article we look at 15 great ways in which Project Management Software can help your growing business. Improve the Project Estimation Process Many factors influence the final outcome of a project, with upfront planning and estimation two of the most crucial determinants to long term project success. Project Estimation provides a consistent method of estimating your project resourcing levels and expenditure throughout the business.

Time Tracking in Project Management (Part 1): Why there is so little acceptance for time tracking in projects

Inloox

The aim of the companies is to subsequently compare estimated and booked expenses and thus optimize processes and workflows. Employees therefore fear to be judged only by their efficiency and are afraid of total monitoring.

2020 142

AI Assistants for Project Managers

Leading Answers

While writing this article, AI in Microsoft Word and the add-in Grammarly helped protect you, from the bulk of my spelling and grammar mistakes. Do you analyze backlogs and scope outlines for potential risks, or review estimates for commonly missed activities?

A Beginner's Guide to Resource Planning in Project Management

Workamajig

I’ll discuss the planning process, why it’s important, and how to excel at it. Before we do a deep dive into the resource planning process, let’s understand this crucial skill, especially in the context of project management. Resource planning (or resource management) is essentially the process of making better use of your people. Capacity planning is the process of mapping out what each resource is currently doing across the organization. Step #1: Estimate Work.

2020 73

15 Great Ways Project Management Can Help Your Growing Business

Keyedin

In this article we look at 15 great ways in which Project Management Software can help your growing business. Improve the Project Estimation Process Many factors influence the final outcome of a project, with upfront planning and estimation two of the most crucial determinants to long term project success. Project Estimation provides a consistent method of estimating your project resourcing levels and expenditure throughout the business.

What is Project Portfolio Management : The Basics

Project-Management.pm

Project portfolio management (PPM) is the discipline or process that aids organizations and projects to acquire information and efficient methods to improve and develop tasks, as well as resource allocation and coordination among teams. The purpose of establishing data that contains accurate information, as well as reliable content that includes forecasted or estimated cost, project name, timeframe, and expected returned value. Monitored costs and benefits.

2017 111

The Ultimate Guide to Easy Dashboards for Projects

Girl's Guide to PM

In this article we’ll look at how you can make the best use of dashboards on your project to track metrics and project health, and help with status reporting. The more they understand about the project management process for monitoring and controlling – and your dashboard is part of that – the more likely they are to keep the data up to date. You can show real time budget variance and estimate to complete.

2019 282

How to Build a Robust Project Risk Culture [8 Steps]

Online PM Courses

A robust risk culture goes beyond having a strong basic risk management process. And the process for creating a robust risk management culture within your project can apply equally if you get a chance to influence your wider organization. Risk culture is a shared set of processes, knowledge, attitudes, beliefs and values about how to deal with risk. To make this work, you need a solid set of risk awareness and management processes. Other Articles You May Like.

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Business Project Manager Responsibilities: You Need To Know About

Proofhub

Simply put, a project manager is a person who is responsible for presiding over a project at every stage with authority and responsibility; from its initiation, planning, implementation, monitoring, controlling to its completion, and closure.