LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

Risk Management 158

Risk Management Risk 2003 2007 158

Rebel’s Guide to PM

NOVEMBER 26, 2019

We have forecast and actual dates, timesheets, budgets, databases of lessons learned , risks, issues and changes. For example, imagine reviewing estimates from the project team. enter their estimated effort for tasks, the software prompts you: Claire’s estimates were 20% under on her last five projects.

2020 277

2020 Artificial Inteligence Technical Review Software Review 277

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? But have you heard of RBS?

Estimate 136

Estimate Controlling Agile Risk Management 136

Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

Risk 395

Risk Risk Management Budget Engineering 395

Leading Answers

AUGUST 25, 2020

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. It helps manage client expectations and answer the type of questions they ask, such as " When will it be done? It sounds lazy and avoiding the hard work of having to estimate.

Estimate 131

Estimate Software Review Underperforming Technical Team Agile 131

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

ProjectManager.com

MARCH 20, 2024

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. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

Construction 326

Construction Software Review Underperforming Technical Team Estimate 326

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

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. The applications of artificial intelligence in project management.

Artificial Inteligence 505

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 505

Rebel’s Guide to PM

FEBRUARY 12, 2024

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

Finance 313

Finance Risk Management Budget Risk 313

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. For example: a project management artifact is the project closure document.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

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

MAY 3, 2022

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ? That’s a comprehensive list!

Planning 317

Planning Software Review Risk Management Estimate 317

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. But that’s not what 90% or more of Project Managers need.

Estimate 52

Estimate Technical Review Risk Management Closing 52

MPUG

APRIL 2, 2020

can become an accurate estimating tool for top-down (Analogous) and bottom-up (Parametric) estimating. Unfortunately, the large majority of project managers estimate tasks with durations and update tasks by entering %-complete as reported by team members. Using a Schedule Template for Estimating.

Estimate 105

Estimate 2016 2019 Risk Management 105

ProjectManager.com

MAY 15, 2024

Project planning, execution, monitoring and controlling are often the focus of project management. Organizing project documentation and final activities can be done more efficiently with the same project management software used to plan, execute and control the project. That’s a mistake. Every phase of a project is important.

Project Life Cycle 336

Project Life Cycle Software Review Certification Construction 336

MPUG

JUNE 6, 2022

But, how does all of this fit into Risk Management? Risk Managers don’t toss coins or calculate heads/tails in an experiment. Probability Distribution and Risk Management. With the above basics, let’s consider another example to understand probability distribution from the perspective of risk management.

Risk Management 64

Risk Management Risk Estimate 2019 64

Rebel’s Guide to PM

MARCH 23, 2023

Recently I audited the Fundamentals of Project Planning and Management course from University of Virginia Darden Business School. It’s one of the most popular project management courses on Coursera. Who is the Fundamentals of Project Planning and Management course for?

Technical Review 465

Technical Review Planning Certification Risk Management 465

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

Scrum.org

JULY 10, 2018

Often I hear people say that Scrum does not take care of risk: there is no risk log, risk is not on the agenda of the Sprint Review or Retrospective as a standard agenda-item. That's a risk right there! How is risk managed in Scrum? Scrum is all about risk management. Different types of risks.

Risk Management 118

Risk Management Risk Technical Review Underperforming Technical Team 118

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. Risk Management Plan Definition. Risk Register, WBS). Introduction.

Risk Management 105

Risk Management Risk Planning Technical Review 105

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

JULY 20, 2023

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, templates, outputs or a specific deliverable. For example: a project management artifact is the project closure document. What is an artifact?

Logistics 253

Logistics Artificial Inteligence PMI Performance Measurement 253

Teamweek

AUGUST 1, 2022

Unfortunately, this scenario is all too common for project managers. . Project cost estimation can be challenging, especially when the project is complicated and has many moving parts. Let’s first clarify what we mean by a ‘project cost estimate’. What is a project cost estimate? So let’s jump straight into it.

Estimate 52

Estimate Project Cost Web Development Software Review 52

Rebel’s Guide to PM

JANUARY 24, 2022

There’s no denying that project management today looks different to how it did even 5 years ago. Project management trends shape our profession. We see technology evolving, new tools, consolidation, innovation and more. How project management is evolving. 10 Project management trends you need to know.

2022 480

2022 PMO Risk Management Artificial Inteligence 480

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

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects. What are the Essential Project Management Buzzwords?

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

OCTOBER 15, 2020

When managing a project, one is required to make a lot of key decisions. Because of the high stakes, good managers don’t just make decisions based on gut instinct. They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty. What Is Cost Benefit Analysis?

Risk Management 516

Risk Management Consulting Risk Budget 516

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. For more general tips on how to earn the Google project management certificate quickly, read the story of how I passed the certificate in a week. Recommended Google Project Management Certificate 5.0

Certification 302

Certification Software Review Estimate Risk Management 302

Rebel’s Guide to PM

NOVEMBER 21, 2022

Teamhood is a Kanban project management system for teams. It’s a visual, flexible tool that is perfect for small and medium businesses who want to improve how they manage projects. Powerfully tailorable, it’s for you if your team is focused on productivity and profitability and you need a tool to support collaborative working.

Software Review 386

Software Review Software Agile Estimate 386

Rebel’s Guide to PM

APRIL 12, 2022

What tools do you use to prioritize your work? 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.

Underperforming Technical Team 366

Underperforming Technical Team Software Review Risk Management Engineering 366

MPUG

JULY 8, 2019

That is why duration estimation is one of the most important aspects of project management. Your client or manager might direct you to finish a given task by a certain date. The Estimation Problem. You might hear from the client that the estimates look high. Can there be “exact estimates”? Exact Estimates.

Estimate 99

Estimate Transportation Influencer Risk Management 99

Rebel’s Guide to PM

MARCH 29, 2022

I have been a bit lax with project management reading recently but one book that I have made time to review again is The Conscious Project Leader: How to Create a Culture of Success for Your Projects, Your Team and Yourself. The book covers what I think is important about project management: leadership and culture. Colin Ellis.

Underperforming Technical Team 264

Underperforming Technical Team Leadership Estimate Risk Management 264

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right. What does it mean to “do” project quality?

Software Review 325

Software Review Technical Review Budget Defining 325

PM Basics

SEPTEMBER 12, 2022

No matter the industry or size of a project, scope management is the most crucial aspect – you must become a professional scope manager first of all. . Scope management is a combination of processes and tools that help to identify tangible and intangible project outcomes. Why Scope Management is Important?

Process 108

Process Underperforming Technical Team Estimate Software Review 108

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. A well-developed budget lays a solid foundation for managing costs and ensures that projects are completed within financial constraints. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

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