Remove Budget Remove Construction Remove Governance Remove PMI
article thumbnail

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Construction project management has five phases, the same as any project. Construction phases have different names and require different documentation to begin with. We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction.

article thumbnail

How to Start a Project Management Career

ProjectManager.com

It is a discipline that is used across industries as varied as construction, manufacturing and IT to healthcare, professional services and government. PMI offers PMP certification, but also PRINCE2 Practitioner, though this methodology is mostly found in the UK. Here’s what you can do to get a foothold in this exciting industry.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Top 11 Cities for Project Management

Rebel’s Guide to PM

Construction of a Huawei research and development center Aircraft R&D facilities The continued development and expansion of Tesla’s Shanghai Gigafactory LEGOLAND® Park & Resort in Jinshan District at the cost of US$550m, due to open in 2024. Construction and operation of a new fish market, to be managed across two stages.

article thumbnail

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

article thumbnail

Top 10 Project Management Methodologies – An Overview

ProjectManager.com

When to Use It: The Waterfall approach is great for manufacturing and construction projects , which are highly structured, and when it’s too expensive to pivot or change anything after the fact. The Project Management Institute (PMI) is a not-for-profit membership association, project management certification and standards organization.

article thumbnail

When standard is no longer “standard”

Kiron Bondale

Project management standards such as the PMBOK® Guide, Sixth Edition state that contingency reserves, which are established to offset the cost or schedule impacts of realized identified risks, are considered part of the project budget and cost baseline. This matches my own experience from the previous two companies I worked for.

article thumbnail

What is Project Management

MPUG

The project manager is responsible for coordinating the work of the team, monitoring progress, and making any necessary adjustments to ensure that the project is completed on time and within budget. Constraints typically relate to schedule, resources, budget, and scope. government began using it to manage complex defense projects.