ProjectManager.com

FEBRUARY 27, 2024

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. Download one or all and get your next project started right.

Planning 361

Planning Software Review Risk Management Budget 361

ProjectManager.com

MARCH 12, 2024

Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them. What Are Resource Requirements in Project Management? Resources are anything you need to complete a project including teams, equipment, raw materials and so on.

Software Review 334

Software Review Estimate Defining Budget 334

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

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. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Project Cost 52

Project Cost Estimate Process Budget 52

ProjectManager.com

DECEMBER 27, 2023

Creating a schedule of values is important for the project owner, contractor and subcontractors alike. It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. ProjectManager’s Gantt charts manage your human and nonhuman resources.

Construction 365

Construction Estimate Budget Monitoring 365

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that.

Controlling 331

Controlling Manufacturing Construction Underperforming Technical Team 331

ProjectManager.com

MARCH 28, 2024

Notion is work management software that helps teams from across industries such as product development, engineering or marketing to facilitate team communication, manage tasks and create simple project timelines. While Notion has project management features, is there a Notion Gantt chart?

Software Review 341

Software Review Estimate Monitoring Project Cost 341

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). A project intake process is beneficial for an organization. We’ll explain why as well as what to look out for when evaluating those project requests. Project management is all about efficiency, after all.

Process 348

Process PMO Software Review Estimate 348

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 412

SCRUM Manufacturing 2001 Agile 412

ProjectManager.com

MARCH 22, 2024

This contractor payment schedule is defined in the construction contract and sets pay over regular intervals across the project schedule. This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. Construction project templates can help facilitate this process.

Construction 311

Construction Software Review Budget Defining 311

ProjectManager.com

FEBRUARY 20, 2024

Project documentation, such as the project budget, project schedule or project plan, is critical for the successful delivery of projects. Because of that, as a project manager, you should be familiar with tools to create your project documents. Microsoft Word is one of those tools.

Software Review 349

Software Review Budget Estimate Executing 349

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

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.

Estimate 52

Estimate Budget Influencer Initiating 52

ProjectManager.com

AUGUST 15, 2023

When a contractor bids on a project or a manufacturer takes on a job, they need to have an accurate forecast of the price for the project to make a profit, which is why job costing is so important. We’ll go over all, plus explain when to use job costing and provide an example of job costing to make sure the definition is clear.

Manufacturing 283

Manufacturing Construction Estimate Project Cost 283

nTask

JUNE 8, 2021

Estimating projects is part and parcel of project management for any project. However, estimating projects with accuracy is not always so successful. In fact, many of the issues in project management can be traced back to failed attempts at estimating projects.

Estimate 148

Estimate 2021 Software Review Budget 148

EasyProjects

OCTOBER 19, 2020

Whether it’s designing a new product or improving upon an existing work process, nothing matters more than how much it will cost the company in the end. This is where project cost management comes into play. For this reason, a budget must be determined to ensure that the allocated project costs stay in line.

Project Cost 98

Project Cost Estimate Budget Consulting 98

Teamweek

DECEMBER 1, 2022

Even when you tell yourself that “this time is going to be different,” — but project costs somehow still manage to get out of control? Only 43% of projects are “mostly or always” completed on budget. Let’s talk about project cost management. ??. Cost estimating.

Project Cost 52

Project Cost Estimate Technical Review Budget 52

ProjectManager.com

JULY 5, 2023

That’s why construction cost management is so important. Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. What Is Construction Cost Management?

Construction 302

Construction Estimate Monitoring Budget 302

ProjectManager.com

JUNE 28, 2023

Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. What Is Project Monitoring and Control?

Monitoring 290

Monitoring Controlling Software Review Risk Management 290

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 329

Construction Software Review Underperforming Technical Team Estimate 329

ProjectManager.com

MARCH 21, 2022

Whether you’re a numbers person or not, as a project manager, ownership of a budget is usually a key part of your job responsibilities. Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. What Is a Project Budget? Learn More!

Budget 313

Budget Software Review Software Estimate 313

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. It’s essential to keep projects successful for any organization to thrive.

Underperforming Technical Team 333

Underperforming Technical Team Risk Management Software Review Budget 333

ProjectManager.com

JANUARY 17, 2022

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. What Is the Triple Constraint in Project Management?

Budget 502

Budget Estimate Controlling Risk Management 502

Teamweek

OCTOBER 26, 2023

When it comes to successful project estimating and planning, there’s no room for guesswork. Bottom-up estimating can help you create accurate estimates that set your projects on the right track to success. This comprehensive guide provides all the info you need to get started with bottom-up estimating.

Estimate 52

Estimate Software Review Web Development Project Cost 52

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. Procore falls short in many ways.

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2024 Construction Software Review Technical Review 361

Epicflow Blog

MARCH 22, 2024

This article is inspired by the webinar featuring Epicflow co-founder Jan Willem Tromp and professor Mario Vanhoucke based on his latest book “The Illusion of Control: Project Data, Computer Algorithms and Human Intuition for Project Management and Control”.

Risk Management 52

Risk Management Controlling Risk Aerospace 52

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. A large project (or a small one) starts with the small stuff and builds to something bigger and more complex. 10 Simple Steps to Start a Project Projects can seem complicated and they certainly can be.

Estimate 269

Estimate Budget Defining Risk Management 269

ProjectManager.com

SEPTEMBER 2, 2021

It’s with this cost baseline that you can make cost estimates for each task of your project and see if you’re on target or overspending. Let’s take a moment to fully understand this cost management basic concept and how you can use it to keep your project on track. Try ProjectManager free today!

Estimate 311

Estimate Software Review Budget Project Cost 311

ProjectManager.com

MARCH 6, 2024

While Tableau doesn’t have project management features, you can still use it to make a Gantt chart. In this blog, we’ll learn how to make a Gantt chart in Tableau and explore its key features and limitations. ProjectManager’s Gantt chart is a robust project planning, scheduling and tracking tool.

Software Review 340

Software Review Construction Artificial Inteligence Software 340

ProjectManager.com

APRIL 28, 2021

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money. What Is Cost Control? Indirect Expenses.

Controlling 304

Controlling Risk Management Estimate Budget 304

ProjectManager.com

JUNE 7, 2023

There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit.

Manufacturing 247

Manufacturing Estimate Project Cost Influencer 247

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?

Estimate 52

Estimate Software Review Risk Management Budget 52

ProjectManager.com

MARCH 2, 2020

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. In fact, it works throughout the entire life cycle of a project.

Controlling 411

Controlling Underperforming Technical Team Estimate Risk Management 411

ProjectManager.com

MAY 30, 2023

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. We’ll go further, explaining how to estimate general condition costs and how general conditions compare to construction specifications and general requirements. We’ll get to that later.

Construction 257

Construction Infrastructure Estimate Defining 257

ProjectManager.com

JUNE 22, 2022

Project accounting, as with general accounting, is a method by which project managers can manage project finances. Project accounting is not the same as balancing your checkbook or even seeking the service of a certified public accountant as it’s unique to project management. Learn more.

Software Review 351

Software Review Finance Monitoring Project Cost 351

ProjectManager.com

FEBRUARY 24, 2020

The answer is a cost management plan. What is a Cost Management Plan? A cost management plan is a method of strategizing the planning and execution of a project’s budget. Of course, this is done in order to complete your project on time and on budget. How Do You Create a Cost Management Plan?

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Planning Estimate Budget Project Cost 291