ProjectManager.com

JUNE 6, 2023

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget.

Budget 252

Budget Process Software Review Estimate 252

ProjectManager.com

APRIL 25, 2023

Whether you’re running a company or a project, you’re going to have to deal with a budget. A budget is the spending plan that you forecast using estimates of income and expenses. To ensure you’re keeping to that ever-important operating budget, you’ll be making a regular budget report as well as referencing financial statements.

Budget 281

Budget Software Review Estimate Finance 281

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk?

Risk Management 344

Risk Management Risk Planning Monitoring 344

ProjectManager.com

MAY 15, 2024

Project planning, execution, monitoring and controlling are often the focus of project management. Project completion is more than delivering on time, within budget and meeting quality expectations. The performance of the budget and schedule are also summarized in the project completion report. That’s a mistake.

Project Life Cycle 354

Project Life Cycle Software Review Certification Construction 354

ProjectManager.com

MAY 14, 2024

RAG status begins with understanding the acronym and how RAG status is used in project management. What Is RAG Status in Project Management? It’s a great technique for project managers to get a quick overview of the project, but also serves stakeholders, who want to know the big picture and aren’t interested in the details.

Software Review 350

Software Review Budget Closing Risk Management 350

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. These projects often fail to meet their objectives, experience delays, exceed budgets, or even result in complete failure.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

Underperforming Technical Team 340

Underperforming Technical Team Risk Management Software Review Budget 340

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

SCRUM 415

SCRUM Manufacturing 2001 Agile 415

ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

Performance Measurement 356

Performance Measurement Risk Management Budget Monitoring 356

ProjectManager.com

AUGUST 23, 2023

When managing a project, there will inevitably be changes or other issues that impact the project. To prevent going off schedule or overspending, project managers are always balancing the project management triangle, which is made up of the three main project constraints. What Is the Project Management Triangle?

Software Review 310

Software Review Risk Management Risk Budget 310

LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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Risk Management Risk 2012 Prince2 167

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. That’s how you deliver on time and within budget.

Planning 368

Planning Software Review Risk Management Budget 368

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. We’ll get to that in a moment as well as define project pipeline management. ProjectManager’s roadmaps help you manage your project pipeline.

Software Review 353

Software Review Software PMO Monitoring 353

ProjectManager.com

JUNE 28, 2023

Projects are divided into phases to make them more manageable. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. There are five phases in the project management process: initiation, planning, execution, monitoring and controlling and closing.

Monitoring 294

Monitoring Controlling Software Review Risk Management 294

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. Budgets are also part of a project. What Is Project Management?

Project Life Cycle 406

Project Life Cycle Software Review Monitoring Budget 406

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects. Cost control as a process begins with budgeting.

Controlling 338

Controlling Manufacturing Construction Underperforming Technical Team 338

ProjectManager.com

OCTOBER 4, 2023

For a project to function properly and be delivered on time and within its budget, all the roles and responsibilities of everyone involved must be clearly defined and communicated. Everyone has their part to play in the process, which is orchestrated by the project manager acting on behalf of the project owner. What Is a Project Owner?

Closing 401

Closing Budget Risk Management Leadership 401

ProjectManager.com

SEPTEMBER 28, 2023

To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. Project management software makes gathering and calculating project metrics easier.

Budget 332

Budget Risk Management Software PMI 332

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 339

Finance Estimate Budget Risk Management 339

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. They’re responsible for making sure that the related projects are completed on time and within budget.

PMO 351

PMO Software Review Governance Government 351

ProjectManager.com

JANUARY 3, 2024

Managing more than one project at a time creates a lot of problems. That and more is what enterprise project management does. Let’s define the term enterprise project management and then identify its unique challenges before going into what an enterprise project manager is and what an enterprise project management office is.

Software Review 371

Software Review Budget Monitoring Risk Management 371

ProjectManager.com

AUGUST 23, 2023

Just as a doctor takes a person’s temperature or blood pressure, project managers need to check on their project’s health. Project management software acts as the thermometer for the project. ProjectManager is cloud-based project management software that collects real-time data to help monitor the actual health of a project.

Monitoring 293

Monitoring Risk Management Budget Risk 293

ProjectManager.com

FEBRUARY 3, 2022

If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. The charter also identifies the main stakeholders and defines the authority of the project manager. Follow our quick guide to writing and executing your project management charter below.

Risk Management 512

Risk Management Budget Defining Software Review 512

ProjectManager.com

APRIL 4, 2024

Yes, Trello is software by Atlassian that offers five project management tools: kanban boards, project timelines, calendars, dashboards and tables. Trello’s tools and features are mainly geared towards marketing, product development and creative teams, but can also be used to manage tasks and workflows in other industries.

Software Review 361

Software Review 2024 Estimate Software 361

Rebel’s Guide to PM

OCTOBER 10, 2022

A good governance model requires every project to have a project sponsor and while you read about sponsorship all the time on blogs like these in reality I still come across people who don’t know who their sponsor is. They also are the main risk-taker and decision-maker on the project so it’s important to have them around.

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Governance Government PMO 2016 419

ProjectManager.com

SEPTEMBER 14, 2023

All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage. What Is Business Project Management?

Software Review 373

Software Review Monitoring Technical Review Risk Management 373

ProjectManager.com

MARCH 7, 2023

Planning an event can range from a meeting at work to a convention and everything in between. It’s another project where you have to manage time, cost and scope (and don’t forget quality) to deliver on a deadline. ProjectManager is award-winning software that can help you plan, manage and track your events. Learn more 3.

Planning 288

Planning Software Review Budget Influencer 288

ProjectManager.com

NOVEMBER 2, 2023

Whether you’re interested in a career in construction or looking to fill an open position in your construction management company, there are a lot of entry points. We explain what each is and offer a salary average to see how much you can expect to earn or pay for one of these construction management roles.

Construction 317

Construction Estimate Logistics Engineering 317

ProjectManager.com

NOVEMBER 2, 2022

However, in project management, project assumptions are essential for planning a project. Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk.

Software Review 324

Software Review Risk Management Technical Review Risk 324

ProjectManager.com

MARCH 14, 2023

Project managers understand this and work hard to create change management plans that ensure their projects run smoothly. Project management software helps, too, but if you’re not ready to upgrade, we have some free change management templates that can help you manage change. Remember, this is a change request.

Change Management 307

Change Management Software Review Project Life Cycle Risk Management 307

ProjectManager.com

JANUARY 31, 2023

These IT project management templates are essential to get those jobs done properly. ProjectManager has dozens of free project management templates for Excel and Word that IT managers need when working on web development, software development, mobile app development, network configuration and so much more.

Technical Review 307

Technical Review Software Review Risk Management Risk 307

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. But even the most complex project can be broken down into simple steps to help make it more manageable. Once that is done, you’ll need project management software to start, execute and deliver the project.

Estimate 271

Estimate Budget Defining Risk Management 271

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

Planning 347

Planning Estimate Risk Management Budget 347

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 446

Certification Prince2 Monitoring PMI 446

ProjectManager.com

NOVEMBER 29, 2023

IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. Then we’ll list the professionals who are tasked with IT financial management and their key objectives.

Infrastructure 326

Infrastructure Finance Executing Governance 326

ProjectManager.com

JANUARY 5, 2022

There’s also a workload chart for managing teams and making sure their workload is balanced. Finally, there’s a cost bar chart to help you stay on budget. This Excel dashboard template can manage your work, but it’s a static document that must be updated manually. Project management software automates that process.

Software Review 359

Software Review Risk Management Project Life Cycle Budget 359

ProjectManager.com

AUGUST 23, 2023

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 341

Risk Risk Management Monitoring Project Cost 341