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Creating a Request for Quote (RFQ) for Procurement

ProjectManager.com

Projects need resources, often consistently. Suppliers and contractors deliver those products and services that help fulfill the project. Managers want to stay on budget and resources cost money, which is why they use a request for quote (RFQ) to get pricing from suppliers and contractors. What Is a Request for Quote (RFQ)?

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Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

When a project is planned, a set of steps are outlined to deliver a product or service. Resource requirements need to be identified and allocated for those steps to be executed. Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them.

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RFI in Construction: A Quick Guide for Contractors

ProjectManager.com

This construction document helps subcontractors understand what they need to do if they have any questions. We’ll also note the difference between an RFI in construction and other construction project management documents before going into the construction RFI process, the different types of RFIs and more.

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? Then we’ll link to a free schedule of values template to help you get started.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

Then we’ll detail the key components that make up a thorough organizational strategy and throw in some free templates to get you started. It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals. Related: Free Strategic Planning Templates for Excel and Word 1.

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Organizational Resources Basics: Managing Company Resources

ProjectManager.com

Managing a program or portfolio of projects involves many things, but utmost importance should be given to resource management, especially organizational resources. To start, resources can include labor, management, expertise, equipment, finances, energy, land and time. You’ll need to follow these nine steps.

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

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? What Is Scrum?

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