Rebel’s Guide to PM

AUGUST 29, 2021

However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there. In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. Project Budget Risks. Reduced budget.

Risk 330

Risk Technical Review Risk Management Estimate 330

Project Risk Coach

MAY 21, 2018

Cost Baseline – approved version of the project budget. What is a project management plan? The Project Management Body of Knowledge (PMBOK) says the project management plan is “the document that describes how the project will be executed, monitored and controlled, and closed.

Underperforming Technical Team 220

Underperforming Technical Team Planning Project Life Cycle PMI 220

Project Bliss

MARCH 20, 2021

They constantly need to overcome several roadblocks to ensure that the project stays within the agreed constraints of time, scope, and budget. When it comes to project management roadblocks, there are a few that come up time and again. Often, using the right project management tool can solve many of these headaches.

Governance 266

Governance Government Finance Software Review 266

The IIL Blog

OCTOBER 17, 2023

Agile A flexible and dynamic approach to project management that allows for iterative updates during defined time blocks, which allows for incremental value. Agile Manifesto The fundamental document that outlines the values and principles of Agile project management. identify items such as benefits and costs).

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

The IIL Blog

SEPTEMBER 13, 2023

I have seen many projects derailed because assumptions were never documented or validated. Management Plans The project management plan is created at the beginning of the project and describes how the project will be executed. Constraints are things that limit our projects. Constraints also create risks.

Risk Management 88

Risk Management Risk Cadence 2016 88

Epicflow Blog

MAY 18, 2021

As the project team is expected to deliver the increased number of tasks with the same resources and in the same time, the following consequences become possible: . After all, the reputation of a project manager will be at risk, as it may seem that they aren’t able to take control of the situation.

Underperforming Technical Team 98

Underperforming Technical Team Software Review Technical Review Controlling 98

MPUG

MARCH 30, 2020

PMI describes the Project Management Office (PMO) as a strategic driver for organizational excellence. What new project proposals are coming down the pipeline? Do you have any redundant or overlapping projects? How is this competence being realistically tracked and documented? If not, why?

PMO 111

PMO Technical Review Governance Government 111

Rebel’s Guide to PM

APRIL 5, 2024

PMBOK 7 talks about the 8 project performance domains. Material on the Knowledge Areas can still be found in the PMI web guidance which members have access to, called Standards Plus. This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition.

PMI 211

PMI Risk Management Risk Technical Review 211

ProProfs Project Management

MAY 8, 2020

It may sound like an insignificant question, as the name suggests that PM is all about managing projects. But it is imperative to understand that there are several elements you must control during the project life cycle. The most crucial ones are — ‘Scope,’ ‘Time,’ and ‘Budget’ — which are also known as project triangle.

Project Life Cycle 91

Project Life Cycle Underperforming Technical Team Software Review 2027 91

PM Basics

SEPTEMBER 8, 2022

That’s why in simple terms, Risk Management is your effort in identifying and tackling project risks. It gave me inspiration, so credit where it’s due to the PMI. It gives the following definition of a risk: “An uncertain event or condition, that if it occurs, has a positive or negative effect on a project’s objective.”

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

Wrike

JULY 29, 2021

Lack of proper cost management , inefficient project design, and underutilization of resources can lead to projects going over budget or even being cancelled. Let’s take a deeper look into cost overrun, causes of project delay, and how to successfully complete projects while managing cost overrun.

Technical Review 36

Technical Review Software Review Estimate Budget 36

Rebel’s Guide to PM

OCTOBER 3, 2016

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). Applying Business Acumen To Your Project. Stakeholders are often most interested in project cost and the time it is going to take to finish the work, and your business acumen comes into play hugely here.

Software Review 304

Software Review Finance Initiating Project Cost 304

Binfire

FEBRUARY 27, 2017

In the case of Excel, it is neither a Project Management or Collaboration tool. If you have two or three people working on a project, Excel is a good way to keep track of lists, but once you need to identify risks, mark dependencies or share document and get notified when something in the changes, you will outgrow Excel real fast.

Software Review 60

Software Review PMI Certification Software 60

Online PM Courses

SEPTEMBER 3, 2018

Project Cost Management often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. What is not negotiable is the budget. Project Cost Management.

Project Cost 73

Project Cost Prince2 Budget Governance 73

Rebel’s Guide to PM

SEPTEMBER 30, 2016

Read the company’s 3 year plan or their strategy document (this might be a section in the annual report). Applying Business Acumen To Your Project. Stakeholders are often most interested in project cost and the time it is going to take to finish the work, and your business acumen comes into play hugely here.

Software Review 150

Software Review Finance Initiating Project Cost 150

ProProfs Project Management

JULY 5, 2019

“Reasons for Project Failure” Statistics. 37% of projects fail due to the lack of defined project objectives and milestones. Source: PMI ) Tweet this. 55% of organizations do not have access to real-time project KPIs. 70% of projects are prone to failure. Source: PMI ) Tweet this. Louis ) Tweet this.

Underperforming Technical Team 108

Underperforming Technical Team 2019 Technical Review PMI 108

Rebel’s Guide to PM

MARCH 22, 2021

Therefore, project managers must consider the resource’s skills and capabilities before scheduling them to tasks. Why is Project Resource Management important? As a project manager, your primary concern is: How do I deliver a project on time and within the stipulated budget? Essential read. PMBOK Guide. Learn More.

Construction 363

Construction Estimate Technical Review Software Review 363

MPUG

AUGUST 14, 2023

This lack of opportunities for additional features or changes in the customer requests during the project’s execution can lead to scope creep, straining the project’s timeline and budget. A good prevention of scope creep is: Baselining the project’s scope. Articulating the project’s scope.

Underperforming Technical Team 52

Underperforming Technical Team Development Team Review Estimate Closing 52

Workamajig

JANUARY 11, 2021

Bottleneck: In project management terms, a bottleneck is any constraint that restricts the movement of a process. With this approach, the project's cost and/or duration are calculated by adding the cost/duration of all its constituent activities. Budget : The sum total of all the money allocated for a project.

Underperforming Technical Team 78

Underperforming Technical Team Project Life Cycle Estimate Risk Management 78

Scoro

SEPTEMBER 23, 2020

This year’s State of Project Management Survey reveals that only 23% of organizations complete projects on time, with just 43% staying within budget. But how to turn things around and improve the way we execute projects? Monitoring: Processes to document scope creep and project changes.

Software Review 98

Software Review Logistics Monitoring Defining 98

Velociteach

FEBRUARY 19, 2024

What kind of things do we need to estimate on a project? REN LOVE: There are lots of things that can be estimated on a project. Factors in a Project Estimate WENDY GROUNDS: What are some of the factors and the considerations that are essential when you’re building out your estimates? Who’s doing the work? REN LOVE: Oh, no.

Estimate 61

Estimate Technical Review Software Review Underperforming Technical Team 61

Herding Cats

APRIL 16, 2019

Five Immutable Principles of Project Success - There are many (possibly too many) methods for successfully managing a project. But each method needs to be based on 5 Immutable principles to be successful, no matter the domain or context, PMI Spring Seminar , 2012, Austin TX. PMI Lakeshore Ontario Chapter , 27 October 2018.

Technical Review 42

Technical Review Performance Measurement Underperforming Technical Team Governance 42

Online PM Courses

JUNE 3, 2018

There are two reasons why Project Estimation is a big deal for project managers. And second, poor estimates are often a primary reason for a project cost or schedule over-run. So, in this article, we’ll take a careful look at project estimation, to help you learn how to master the art and craft of doing it well.

Estimate 72

Estimate Technical Review Underperforming Technical Team Agile 72

MPUG

JULY 30, 2020

And I am a regular speaker for MPUG PMI chapters, and the Enterprise Architecture Conference. Rich: Just before we begin, Triskell is not just an Add-in to Microsoft Project. Triskell is actually a different type of system on its own, which does more than project management, more than portfolio management. You can set goals.

Governance 52

Governance Government Software Review Software 52

MPUG

JULY 30, 2020

And I am a regular speaker for MPUG PMI chapters, and the Enterprise Architecture Conference. Rich: Just before we begin, Triskell is not just an Add-in to Microsoft Project. Triskell is actually a different type of system on its own, which does more than project management, more than portfolio management. You can set goals.

Governance 52

Governance Government Software Review Software 52

Wrike

SEPTEMBER 19, 2019

It can be hard to track the fiscal impact work management has on your day-to-day job operations, but the costs of a poor system can be just as detrimental if left unchecked. Companies lose $97 million for every $1 billion invested in projects ( PMI, 2017 ). hours a week looking for documents and project information , or 54.5%

Technical Review 44

Technical Review 2017 Budget Innovation 44

Wrike

APRIL 12, 2017

Essentials of Project Management Series – PMI. Cost: $400. Project Management Fundamentals – New Horizons Computer Learning Centers. Cost: $395. This two -day course is designed for beginner project managers trying to manage projects on top of their regular job responsibilities.

Certification 50

Certification Technical Review PMI Risk Management 50

MPUG

JUNE 1, 2022

Today’s PMI activity code, I’ll have up on the screen here in a minute. I mentioned the five star because I saw this event is up on PMI. Jeff: PMI took a stand back and said, you know what? A project is more organic in a lot of cases. You can see that up here on the slide. Jeff, a big MPUG welcome back.

PMI 59

PMI Software Review Estimate Risk Management 59