Remove Budget Remove Defining Remove eBook Remove Estimate
article thumbnail

How to be a Superhero Project Manager

LiquidPlanner

First, let’s define what project success really means. Protect all assets (Stay on budget). If you use LiquidPlanner’s priority-based software, you can estimate when projects will be completed with 90% confidence so that you can be the superhero project manager with minimal effort. Protect all assets. Lead to a great outcome.

article thumbnail

Strategic Planning: The Types of Planning That Bring Your Strategy to Life

Planview

In these next couple of installments, we’re going to look at the different types of planning as they relate to your desired outcomes referenced from the eBook “ Planning Deconstructed: 5 Types of Planning Crucial to Delivering on Strategy with Dynamic and Continuous Planning.” 1) Project Financial Planning/Budgeting.

Planning 110
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-Down vs. Bottom-Up Project Management Strategies

LiquidPlanner

To answer the “ how long ” question, we have to plan the project, define tasks and gather estimates from the team. For example: When you define the tasks, do you: Follow a prescribed template or formal “standard” to plan the project? When you estimate each task’s duration and cost, do you: Ask a bunch of experts.

article thumbnail

Project Failure – Why it Happens

Online PM Courses

Projects can fail when your team defines the solution before adequate research has validated that it is technically possible… or organizationally desirable. It starts simply… You define your project and get going with will and determination. Poor Estimating. Saying no is a vital #project mgt skill Click To Tweet.

article thumbnail

Roadmapping: An Essential Planning Practice to Deliver Outcomes

Planview

This planning type will also help you understand the impact of any trade-off decisions while delivering on the portfolio’s target goals within your financial and capacity budgets. Further, you’ll be able to identify resource capacity bottlenecks that can impact your portfolio budget and capacity constraints.

Planning 109
article thumbnail

Enterprise Agility in Financial Services: Learnings from the 2019 Planview Horizons Customer Conference

Planview

Financial services companies often operate with a traditional approach to project and portfolio management where annual budgets define how projects are funded and executed. In this case, the budget is adjusted at any time during the cycle to accommodate changes in customer requests. Budget limitations. Cost of delay.

2019 103
article thumbnail

When complacency creeps in—A story by Holly Davis

Resource Guru

You can read all the stories in our latest eBook, Confessions of a Project Manager. When I dug deeper, he told me the budget wasn’t realistic and he didn’t have confidence in the approach. But without any revised estimates or proposed plan, I felt stuck. It was an eye-watering amount, almost a quarter of the budget again.