Budget, Controlling, Monitoring, Risk and Software

Project Monitoring and Control: Tools & Steps

ProjectManager.com

JUNE 28, 2023

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. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

Monitoring

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Shop Floor Management: Planning, Scheduling and Control

ProjectManager.com

MAY 29, 2024

One way to ensure that these goals are achieved is through project management software. ProjectManager is award-winning project and portfolio management software that can create dynamic production schedules with multiple tools. Here’s a short explanation of those three phases of shop floor planning, scheduling and control.

Controlling

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Project Performance Reporting: Key Performance Reports

ProjectManager.com

OCTOBER 18, 2023

Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Then we’ll show the types of project performance reports that can help steer your project and keep stakeholders updated.

Performance Measurement

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Webinars

The Project Clinic: Assessing Project Health, Planning, and Execution

Don’t Get Left Behind: Leveraging Modern Product Management Across the Organization

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What Is an IT Budget? IT Budgeting Basics (Template Included)

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? An IT budget consists of all the IT spending for an organization over one year.

Budget

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What Is a Budget Report? Purpose, Components & Benefits

ProjectManager.com

APRIL 25, 2023

Whether you’re running a company or a project, you’re going to have to deal with a budget. A budget is the spending plan that you forecast using estimates of income and expenses. To ensure you’re keeping to that ever-important operating budget, you’ll be making a regular budget report as well as referencing financial statements.

Budget

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Create & Manage a Project Budget Using Software

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

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What Is a Business Budget? Business Budgeting Basics

ProjectManager.com

JULY 11, 2023

Every business, even a not-for-profit business, needs a budget. A business budget can be looked at as the fuel that drives the business. To understand what that means, we first have to define what a business budget is, which we’ll do in a moment. What Is a Business Budget?

Budget

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Construction Reporting: Types of Construction Reports

ProjectManager.com

JULY 4, 2023

All projects use reporting to monitor progress and performance, but in construction reporting is especially important. Construction reports are more varied and chart everything from project status to incidents and compliance. What Is Construction Reporting? That doesn’t mean construction reporting is verbose.

Construction

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7 Tips For Better Cost Control & Expense Control

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? What Is Expense Control?

Controlling

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How to Manage Your Project Pipeline With Software

ProjectManager.com

JANUARY 16, 2024

Project management software is a valuable tool for managing your project pipeline. ProjectManager is award-winning project and portfolio management software that has roadmaps to help you manage your project pipeline. Project Budget The project budget is the total amount of the project.

Software Review

Software Review Software PMO Monitoring

Project Controls: A Quick Guide

ProjectManager.com

MARCH 2, 2020

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. What Are Project Controls? Risk management. Methodology.

Controlling

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Construction Reporting: Types of Construction Reports

ProjectManager.com

JULY 4, 2023

All projects use reporting to monitor progress and performance, but in construction, reporting is especially important. Construction reports are more varied and chart everything from project status to incidents and compliance. What Is Construction Reporting? Learn more Why Is Construction Reporting Important?

Construction

Construction Software Review Budget Risk Management

10 Steps for Successful Project Completion (Templates Included)

ProjectManager.com

MAY 15, 2024

Project planning, execution, monitoring and controlling are often the focus of project management. Project completion is more than delivering on time, within budget and meeting quality expectations. Learn more What Is a Project Completion Report? That’s a mistake. Every phase of a project is important.

Project Life Cycle

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8 Free Risk Management Templates for Excel

ProjectManager.com

JANUARY 24, 2023

Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. There are many project management templates that are designed to help you identify, respond to and track those risks. Learn more 3.

Risk Management

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Project Budget Template for Excel

ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

Budget

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

JUNE 1, 2022

It’s impossible to factor in everything — from weather to supply chains to change requests — something is going to conspire against your schedule and budget. This is why projects have a change control board. The importance of a change control board to a successful, high-quality project cannot be overstated.

Controlling

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10 Essential Excel Report Templates

ProjectManager.com

SEPTEMBER 2, 2022

You also have to monitor your progress and performance to track if you’re on schedule and within budget. That’s where Excel report templates come in. Project reports are tools that project managers use to extract valuable project data. Using Excel Report Templates for Project Management.

Risk Management

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Understanding the Exception Report in Project Management

ProjectManager.com

JUNE 14, 2022

That’s where an exception report comes in, a tool to help you figure out how to get back on track. What is an exception report in project management and how do you use one? We’ll show you some exception report examples and how project management software can keep you on schedule and within budget. Learn more.

Finance

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Construction Risk Management: An Introduction

ProjectManager.com

AUGUST 13, 2021

How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan. What Is Construction Risk Management? This includes thorough planning and monitoring issues as they arise.

Construction

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How to Control Schedule Conflict in Project Management

ProjectManager.com

MAY 24, 2023

Before you can control a scheduling conflict, you have to understand what it is. The result of a scheduling conflict can lead to missed deadlines, going over your budget and eroding project morale. None of these are worth the risk of sloppy scheduling that leads to scheduling conflicts. The more prepared you are, the better.

Controlling

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Software Project Management: Why It’s Different

ProjectManager.com

SEPTEMBER 6, 2023

Every project is different, of course, but the differences when managing software development projects are especially so, due to its distinct life-cycle processes. What Is Software Project Management? Software project management is the planning, managing and tracking of software development projects. Learn more.

Software Review

Software Review Software Software Developers Software Development

A Quick Guide to Contractor Risk & Contractor Risk Management

ProjectManager.com

OCTOBER 7, 2021

Risk is always present in construction projects. By definition, construction risk feels unpredictable and damaging, but you can identify and manage them. You may feel you can control risk in your organization and construction management team—but what happens when you’re working with independent contractors?

Risk Management

Risk Management Risk Construction Monitoring

RAG Status in Project Management: Importance & Benefits

ProjectManager.com

MAY 14, 2024

Project management software can incorporate the RAG status. ProjectManager is award-winning project and portfolio management software with multiple ways to get a quick overview of the project’s performance and progress. ProjectManager’s real-time dashboards provide an instant status report.

Software Review

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Measuring the Project Management Maturity of Your Organization

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. 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.

Underperforming Technical Team

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CM at Risk (CMAR): Pros & Cons of Construction Management at Risk Delivery Method

ProjectManager.com

JULY 21, 2022

Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. But that doesn’t mean CM at risk is right for you as there are pros and cons to this innovative approach. What Is Construction Management at Risk? CM at Risk Pros & Cons.

Construction

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Project Management Triangle: A Quick Guide

ProjectManager.com

AUGUST 23, 2023

Those constraints are scope, time and budget, which each make up one side of the triangle. The budget is the financial investment or the money required to execute the project. All speak to the need to keep the balance between the three project constraints to deliver the project as expected, on time and within budget.

Software Review

Software Review Risk Management Risk Budget

What Is Change Control in Project Management?

ProjectManager.com

OCTOBER 14, 2020

If the change is accepted, that is it must be responded to—which opens a whole new set of procedures to make sure you stay on track and within budget. Change control is the process used to manage all these variables. If change happens (which it always does) then it’s crucial that you have a mechanism in place to control that process.

Controlling

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Project Health: How to Keep Your Project Healthy

ProjectManager.com

AUGUST 23, 2023

To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. As we’ll see in a moment, this requires a close monitoring of various elements of the project. Project management software acts as the thermometer for the project. What Is Project Health? Learn more.

Monitoring

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Risk Breakdown Structure for Projects: A Complete Guide to RBS

ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

Risk

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

FEBRUARY 27, 2024

Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project management software does more than a static Excel or Word template, but using these free 12 project planning templates for Excel and Word is a decent substitute. That’s how you deliver on time and within budget.

Planning

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Project monitoring and control: Complete guide (+ checklist)

Resource Guru

APRIL 13, 2023

Monitoring and controlling a project is an essential part of any successful project process. So come with us as we go down the rabbit hole of monitoring and controlling, and show you just how important it really is. In this article, we’ll cover: What is monitoring and controlling in project management?

Monitoring

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Business Project Management Basics

ProjectManager.com

SEPTEMBER 14, 2023

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. ProjectManager is award-winning project management software that helps plan, manage and track projects in real time. Traditionally, a project goes through five stages in its life cycle.

Software Review

Software Review Monitoring Technical Review Risk Management

Construction Cost Management: Managing Construction Costs

ProjectManager.com

JULY 5, 2023

But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. Construction cost management is the process of keeping projects on budget. Property owners prefer to work with general contractors who are proactive, efficient and accurate with cost estimation and keeping to their budget.

Construction

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100+ Project Management Terms: PM Terminology Explained

ProjectManager.com

AUGUST 29, 2023

Agile A methodology for project and product management, typically used to deliver software projects in an iterative way with short bursts of work called “sprints” Though initially designed as a process for IT and engineering projects, it has since been successfully applied to other industries like marketing.

Software Review

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IT Financial Management (ITFM) Best Practices

ProjectManager.com

NOVEMBER 29, 2023

To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments. That’s a lot of responsibility, but it can be handled more effectively with project management software. Here are a few of them. It’s not limited to the IT department.

Infrastructure

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Project Management Basics: Definitions, Methods and Tools

ProjectManager.com

MARCH 31, 2023

ProjectManager is powerful project management software that can be used by both experienced and beginner project managers and team members to manage projects. Deliverables can be both the result of the project itself, but also the results of the process of the project, such as the project plan , reports or other documents.

Project Life Cycle

Project Life Cycle Software Review Monitoring Budget

Progress Report Template

ProjectManager.com

MARCH 16, 2021

Periodically, you’re going to need to report on the progress of your project. Not a status report, but a picture of the project and its movement over the course of a specific amount of time. Use our free progress report template to make that job easier. Get started by downloading the template: Download Progress Report Template.

Software Review

Software Review Risk Management Budget Monitoring

Importance of Scenario Planning and Analysis in Business

ProjectManager.com

MAY 16, 2024

By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. Project management software features can help map out scenario planning. This helps reduce risks and improves the understanding of how changes and roadblocks will impact the project.

Planning

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Strategic Project Management: Planning Strategic Projects

ProjectManager.com

DECEMBER 6, 2023

Project management software can help to manage your projects to meet their goals and the larger ones of the company. ProjectManager is award-winning project management software with powerful project portfolio roadmaps that collect all your projects and display them on a Gantt chart. But that’s only the start.

Planning

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

NOVEMBER 28, 2023

These tangible assets can be templates, contracts, processes, reports and financial statements. Organizational process assets may also include schedules, risk data and earned value data. ProjectManager is award-winning project management software with unlimited file storage to make your organizational process assets accessible.

Process

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Risk Response Plan in Project Management: Key Strategies & Tips

ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk? Positive risk?

Risk Management

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Risk Register Template

ProjectManager.com

SEPTEMBER 28, 2020

Plan for project risks with this risk register template for Excel. Define risk priority and the potential impact for each. Risk is going to happen, but with this free risk tracking template handy, you can prepare for it and have a response already thought out and in place. Every project has risk.

Risk

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5 Best Project Budgeting Software

Scoro

MARCH 6, 2024

Project budgeting software is necessary for managing costs and ensuring a project is profitable. In this guide, we’ll compare the best project budgeting software for project managers. You can view the project summary bar from here for an instant, real-time overview of resource and budget constraints.

Budget

Budget Software Review Software Estimate

Project Financial Management: Managing Project Financials

ProjectManager.com

NOVEMBER 21, 2023

Project financial management is the process of controlling the financial aspect of a project, such as its cost, revenue and profit. 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

Finance Estimate Budget Risk Management

Project Monitoring and Control: Tools & Steps

Shop Floor Management: Planning, Scheduling and Control

Webinars

Trending Sources

Project Performance Reporting: Key Performance Reports

Webinars

What Is an IT Budget? IT Budgeting Basics (Template Included)

What Is a Budget Report? Purpose, Components & Benefits

Create & Manage a Project Budget Using Software

What Is a Business Budget? Business Budgeting Basics

Construction Reporting: Types of Construction Reports

7 Tips For Better Cost Control & Expense Control

How to Manage Your Project Pipeline With Software

Project Controls: A Quick Guide

Construction Reporting: Types of Construction Reports

10 Steps for Successful Project Completion (Templates Included)

8 Free Risk Management Templates for Excel

Project Budget Template for Excel

Change Control Board: Roles, Responsibilities & Processes

10 Essential Excel Report Templates

Understanding the Exception Report in Project Management

Construction Risk Management: An Introduction

How to Control Schedule Conflict in Project Management

Software Project Management: Why It’s Different

A Quick Guide to Contractor Risk & Contractor Risk Management

RAG Status in Project Management: Importance & Benefits

Measuring the Project Management Maturity of Your Organization

CM at Risk (CMAR): Pros & Cons of Construction Management at Risk Delivery Method

Project Management Triangle: A Quick Guide

What Is Change Control in Project Management?

Project Health: How to Keep Your Project Healthy

Risk Breakdown Structure for Projects: A Complete Guide to RBS

12 Free Project Planning Templates for Excel and Word

Project monitoring and control: Complete guide (+ checklist)

Business Project Management Basics

Construction Cost Management: Managing Construction Costs

100+ Project Management Terms: PM Terminology Explained

IT Financial Management (ITFM) Best Practices

Project Management Basics: Definitions, Methods and Tools

Progress Report Template

Importance of Scenario Planning and Analysis in Business

Strategic Project Management: Planning Strategic Projects

Organizational Process Assets: Definitions, Examples & Templates

Risk Response Plan in Project Management: Key Strategies & Tips

Risk Register Template

5 Best Project Budgeting Software

Project Financial Management: Managing Project Financials

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