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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

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.

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Cost of Quality (COQ): A Quick Guide

ProjectManager.com

How COQ does this, especially in project management, is what we’ll define. But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. This is done in two ways as illustrated above: controlling good quality against the failure of control, which leads to bad quality.

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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. This requires an organization with a well-developed project management process. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

We’ll first define the term and then go into the organizational strategy levels, as well as explain its importance in business. It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals. Each department manager is responsible for leading their teams on these initiatives.

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How to manage team conflict (& 5 strategies for conflict resolution)

Rebel’s Guide to PM

We challenge leaders, we talk about risk and what might go wrong and we call people out on poor performance through project monitoring and control. Conflict should be a healthy part of any team’s development, and it’ a good way to challenge requirements and ensure that your business case and plans stand up to scrutiny.

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Free Strategic Planning Templates for Excel and Word

ProjectManager.com

When the leadership team defines an organization’s vision, they look toward the future and identify the goals and objectives they want to achieve. Once the vision is defined, then the practical work begins, and strategic planning templates can facilitate that work. This is the start of strategic planning.

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Best Cost Control Techniques

ProjectManager.com

To understand cost control, let’s first define it and then we’ll show the steps you can take to implement cost control. Cost control as a process begins with budgeting. Just toggle over to the dashboard and monitor costs in real time. Again, the more accurate the budget, the more likely you can adhere to it and stay profitable.