ProjectManager.com

DECEMBER 29, 2023

What Are Organizational Resources? That is, money that keeps projects operating. How to Manage Company Resources Now that we have a better understanding of what organizational resources are, let’s take a look at how to manage them. Resource management is the process of allocating those resources as efficiently as possible.

Manufacturing 337

Manufacturing Monitoring Finance 2024 337

ProjectManager.com

APRIL 9, 2024

This will provide a better idea of what they can and can’t do for an organization. A kanban board is a project management tool that manages workflows and processes using two key elements: kanban cards, which represent tasks, and kanban columns which divide the kanban board vertically to represent steps or stages of completion for them.

Software Review 348

Software Review Estimate Budget Software 348

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? Get started for free How Often Are IT Budgets Created?

Budget 345

Budget Software Review Infrastructure Monitoring 345

ProjectManager.com

MARCH 7, 2024

What Is Organizational Strategy? The most successful companies always have one eye on the future so they can not only survive but thrive. That doesn’t happen without an organizational strategy to plan for the organization’s long-term success. Organizational strategy has many layers. This is called organizational strategy levels.

Underperforming Technical Team 409

Underperforming Technical Team Initiating Defining Leadership 409

ProjectManager.com

NOVEMBER 22, 2023

What Is a Capital Project? Learn more What Is a Capital Asset? But what is a capital asset? It’s not something that a business would want to sell over the course of its normal operations. What Is Capital Planning? It’s used to help governments and corporations understand their future operational costs.

Budget 346

Budget Software Review Planning Construction 346

ProjectManager.com

JANUARY 12, 2024

What Is Workforce Planning? What Is Workforce Planning? It’s used to avoid gaps in your workforce coverage and determine what skills are needed where and when, at the right cost, to help the project or projects succeed. With workforce planning, there are most commonly two types: strategic and operational.

Planning 343

Planning Estimate Risk Management Budget 343

ProjectManager.com

APRIL 19, 2024

Well, it’s a trick question, because it depends on what that project is, the nature of your organization and which path is best for your team. What Is Kanban? What Is Scrum? 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.

SCRUM 412

SCRUM Manufacturing 2001 Agile 412

ProjectManager.com

NOVEMBER 23, 2023

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 346

Budget Technical Review Software Review Executing 346

ProjectManager.com

NOVEMBER 29, 2023

What we might take for granted actually involves a great deal of work and investment. What Is IT Financial Management (ITFM)? This is done through analysis, planning and managing costs that are related to IT operations, projects and services.

Infrastructure 322

Infrastructure Finance Executing Governance 322

ProjectManager.com

DECEMBER 14, 2023

Whether you’re looking to hire a construction superintendent or want to land that job yourself, you’re going to have to consider what you need or how to frame a resume to show you’re the one for the position. What Is a Construction Superintendent? This will inform the construction project’s budget. Many things.

Construction 372

Construction Monitoring Certification Engineering 372

ProjectManager.com

FEBRUARY 9, 2024

To communicate this, organizations will usually employ what is called a strategy map. If you’re unfamiliar with a strategic map, we’ll explain what it is and what is included in one. What Is a Strategy Map? What Should Be Included in a Strategy Map? Get started with ProjectManager today for free. Learn more.

Software Review 363

Software Review Defining Budget Performance Measurement 363

ProjectManager.com

NOVEMBER 28, 2023

These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. What Is an Organizational Process Asset? Then we’ll get into some examples to fully illustrate their meaning.

Process 367

Process Executing Controlling Defining 367

ProjectManager.com

JANUARY 31, 2024

Making sure your daily operations are working towards achieving those strategic goals and that they’re clearly communicated throughout the business or organization greatly improves by using a balanced scorecard. What Is a Balanced Scorecard? A balanced scorecard is a strategic management performance metric.

Performance Measurement 399

Performance Measurement Governance Government Initiating 399

ProjectManager.com

SEPTEMBER 14, 2023

What Is Business Project Management? For example, a project could be an event, the launch of a website or any endeavor that must be completed and delivered on time and within budget. Learn more What Is a Business Project Manager? There are strategic, operational, recurring and compliance projects.

Software Review 370

Software Review Monitoring Technical Review Risk Management 370

ProjectManager.com

JUNE 6, 2023

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. What Is a Budget?

Budget 251

Budget Process Software Review Estimate 251

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. What exactly is a project owner, what does the project owner do and so forth? What Is a Project Owner?

Closing 397

Closing Budget Risk Management Leadership 397

ProjectManager.com

NOVEMBER 2, 2023

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. We’ll provide a short description and add what the average salary is for each. They monitor work to ensure that it is being done on time and within budget. Bureau of Labor Statistics.

Construction 314

Construction Estimate Logistics Engineering 314

ProjectManager.com

OCTOBER 24, 2023

Over the course of this blog, we’ll discuss how ITSM is implemented, managed and delivered to meet the needs of an organization and how project management software can help facilitate those processes. What Is IT Service Management (ITSM)? Businesses will also see a reduction in operation costs.

Process 330

Process Infrastructure Information Technology Monitoring 330

ProjectManager.com

JANUARY 25, 2024

We’ll look at project cash flow, what it is and how to calculate and manage it. What Is Project Cash Flow? You can track your planned vs. actual costs to make sure you’re keeping to your budget. That process is called project cash flow. Cash flow is the movement of money in or out of a project.

Construction 356

Construction Project Cost Budget Monitoring 356

ProjectManager.com

NOVEMBER 3, 2023

That’s why a production budget is essential. But what is a production budget and what should be included in one? We’ll answer those questions and then show you how to make a production budget so you’re always producing what your customers want. What Is a Production Budget? Learn more.

Budget 322

Budget Manufacturing Software Review Estimate 322

ProjectManager.com

FEBRUARY 22, 2023

Whether you’re a big or small business and no matter what product you manufacture or service you provide, you’re always looking to deliver the highest quality and greatest value for your customers. One way to achieve these goals is through operations management. Learn what operations management is and its key functions.

Software Review 329

Software Review Technical Review Manufacturing Logistics 329

ProjectManager.com

NOVEMBER 9, 2022

Having an operational strategy helps companies meet those larger goals when planning their projects. But what is an operational strategy? We’ll get to that in a moment, as well as discuss the various types and how to create an operational plan. What Is Operational Strategy? Types of Operational Strategies.

Manufacturing 303

Manufacturing Software Review Logistics Monitoring 303

ProjectManager.com

AUGUST 15, 2023

There are labor costs, material costs, overhead and operational costs. Making accurate estimates of construction costs requires an understanding of job costing, knowing what a costing sheet is and what needs to be included in that costing sheet. What Is Job Costing? Learn more What Is a Costing Sheet?

Manufacturing 286

Manufacturing Construction Estimate Project Cost 286

ProjectManager.com

AUGUST 26, 2021

Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create a construction budget, anticipate the costs for a project and track them to make sure you’re not overspending? Let’s take a look at what goes into making a construction budget.

Construction 374

Construction Budget Underperforming Technical Team Finance 374

ProjectManager.com

NOVEMBER 21, 2023

But what exactly is financial project management? What Is Project Financial Management? To do this requires planning, estimating, budgeting, funding, managing project expenses and billing. The budgeting part of project financial management is by far the most important aspect of this process.

Finance 335

Finance Estimate Budget Risk Management 335

ProjectManager.com

APRIL 17, 2024

To better understand what a sales order is, we’ll define the term, list what should be included and outline the sales order process. What Is a Sales Order? The sales order process, which we’ll cover in a bit, needs management to ensure that vendors and customers get what they want. We’ll get to that next.

Manufacturing 335

Manufacturing Software Review Monitoring Defining 335

ProjectManager.com

DECEMBER 20, 2023

To further illustrate what industrial construction is, we’ll offer five examples and some of the challenges inherent in the construction sector. What Is Industrial Construction? Industrial construction is buildings that focus on business operations, such as those types we’ve mentioned above and will detail later.

Construction 348

Construction Transportation Manufacturing Energy 348

ProjectManager.com

OCTOBER 11, 2023

They all have to work together and a site engineer is one of the professionals who’s responsible for that smooth operation. What Is a Site Engineer? Learn more What Does a Site Engineer Do? Construction sites are a complex orchestration of many different skills executed by many different subcontractors.

Engineering 339

Engineering Construction Sustainability Technical Support 339

ProjectManager.com

JULY 18, 2023

Of course, it’s more complicated than that, so it’s important to first define the term project executive and explain what that person does, including their main responsibilities. We’ll also help you understand what a project executive is by comparing them to the project manager. What Is a Project Executive?

Executing 306

Executing Monitoring Software Review Budget 306

ProjectManager.com

DECEMBER 13, 2022

You need to strategize and plan your resource allocation to ensure that every project has what it needs when it needs it. What Is Lean Portfolio Management? Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. Learn more.

Lean 331

Lean Software Review Manufacturing Governance 331

ProjectManager.com

SEPTEMBER 19, 2023

First, we need to understand what manufacturing cost is, the different types of manufacturing costs as well as some examples to get context for what we’re talking about. What Is Manufacturing Cost? Before work hits the production line, one must know how to calculate manufacturing cost. It’s ready when you need it.

Manufacturing 348

Manufacturing Transportation Software Review Monitoring 348

ProjectManager.com

APRIL 10, 2024

We’ll explain what order management is and explore how an order management process is conducted. What Is Order Management? Placing an order and receiving it seems straightforward. But the only reason it feels effortless is because of order management. There are, of course, people behind the order management process.

Process 309

Process Logistics Manufacturing Transportation 309

ProjectManager.com

OCTOBER 20, 2023

At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Learn more.

Construction 325

Construction Planning Risk Management Estimate 325

ProjectManager.com

NOVEMBER 16, 2023

But who makes the decision on the quantity of output and how that information is delivered is processed through what’s called a production order. First, let’s define what a production order is and why it’s so important to the manufacturing process. What Is a Production Order? What Should Be Included in a Production Order?

Manufacturing 333

Manufacturing Software Review 2024 Executing 333

ProjectManager.com

DECEMBER 12, 2023

This best Procore alternative has much of what people like about that construction software at a competitive price and ease of use that users have flocked to. Construction project management relies on good planning, experienced contractors and powerful construction project management software. Our list goes from best to good.

2024 364

2024 Construction Software Review Technical Review 364

ProjectManager.com

DECEMBER 28, 2023

The ability to know who you need and when you need them for the project is what workload analysis is all about. We’ll explain what workload analysis is and when you should be using it in your project. What Is Workload Analysis? They need to have the right resources at the right time to keep the business doing what it does.

Manufacturing 316

Manufacturing Monitoring Estimate Executing 316

ProjectManager.com

AUGUST 17, 2022

The project manager is on the ground, running the team and keeping the daily operations of a project running smoothly. Let’s take a look at a project director and learn what they do. What Is a Project Director? They tend to travel often to various project-related sites to check on the status of the operation. Learn more.

Finance 284

Finance Monitoring Technical Review Software Review 284