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Construction Superintendent Job Description, Responsibilities and Salary

ProjectManager.com

They are there to monitor the progress of the project. They do this from the planning phase to the completion of the project. But beyond monitoring the schedule, they also monitor the budget, as we’ve noted above. The construction superintendent will also allocate and monitor project budgets.

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How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 367
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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

Portfolio, Program and Project Management Maturity Model (P3M3) by Axelos This wide-angle approach looks at the whole organization and its interdependent processes for an accurate maturity assessment. The goal is to improve organizational processes, but it also addresses project portfolio management.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project.

Process 360
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

A capital improvement plan (CIP) is used by organizations to make smart budgeting decisions on which large projects or purchases to pursue. This is a tool used more often by public entities such as local governments for major public expenditures. ProjectManager’s online Gantt charts organize tasks, costs and resources in real time.

Planning 322
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Cost Estimation for Projects: How to Estimate Accurately

ProjectManager.com

Cost estimation is the process that takes those factors into account, and calculates a budget that meets the financial commitment necessary for a successful project. Project cost estimation applies to everything from building a bridge to developing that new killer app. An Overview of Cost Estimation. Dynamic Tools.

Estimate 310
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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

Being able to track your resources is how you keep to your budget, and project management software helps monitor costs. ProjectManager is project and work management software that delivers real-time data on your construction project. Using a project management tool is essential to managing a construction budget.