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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Then we’ll explain the difference between the construction phases and the project life cycle. To help you manage your construction projects better, we’ll even add a few free templates. Construction projects are carefully planned. In some cases, however, the life cycle of construction phases can overlap.

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. 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 Budget Template All projects cost money.

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Project Documentation: 10 Essential Project Documents

ProjectManager.com

Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? This guide will define what project documentation is, why it is important and what are the top 10 project documents that you should always create to plan and execute your projects.

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How to Write a Business Case (Template Included)

ProjectManager.com

Think of the business case as a document that is created during the project initiation phase but will be used as a reference throughout the project life cycle. Figure out the tasks you’ll have to take to get the project done. Project management software makes creating a project plan significantly easier.

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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

Hard costs are costs that are directly related to your construction project. Some refer to these as brick-and-mortar costs, because these costs include the structure, construction site and landscape. When it comes to budgeting, hard costs are easier to estimate. Soft costs can persist long after the project has been completed.

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Project Selection: Use These 8 Selection Methods for Better Strategic Results

ProjectManager.com

While there are many measurement methods, such as Six Sigma and constrained optimization, these project selection methods are the most widely used: 1. Cost-benefit analysis is used to estimate the costs and benefits associated with a particular project. This method is used when evaluating two projects. Opportunity Cost.

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Optimal Resource Utilization: Formulas, Metrics, Best Practices

Teamweek

Project managers optimize resource use and prevent team burnout by tracking the utilization rate, leading to increased profits and a more successful project. What is resource utilization in project management? For human resources, utilization refers to the ratio of actual hours worked compared to available hours.