The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

Risk Management 88

Risk Management Risk Cadence 2016 88

Velociteach

SEPTEMBER 11, 2023

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.

Risk Management 79

Risk Management Risk Cadence 2023 79

ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 398

Risk Risk Management Project Life Cycle Software Review 398

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 334

Finance Estimate Budget Risk Management 334

Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. These projects often fail to meet their objectives, experience delays, exceed budgets, or even result in complete failure.

Risk Management 243

Risk Management Technical Review Estimate Risk 243

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job. Thanks for watching!

Certification 356

Certification Leadership Risk Management Budget 356

ProjectManager.com

FEBRUARY 3, 2022

If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. It begins the process of defining the roles and responsibilities of those participants and outlines the objectives and goals of the project. The project management charter serves as a reference document.

Risk Management 510

Risk Management Budget Defining Software Review 510

Rebel’s Guide to PM

MAY 3, 2022

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ? That’s a comprehensive list!

Planning 322

Planning Software Review Risk Management Estimate 322

ProjectManager.com

JUNE 4, 2021

The following are our top 8 Microsoft Excel construction templates for better construction project management. Creating an accurate construction project budget is an essential part of the planning phase. This budget will dictate exactly how much can be spent on materials, supplies equipment and which contractors to hire.

Construction 409

Construction Risk Management Estimate Software Review 409

Project Risk Coach

APRIL 26, 2021

Think about it for a minute – what have you done in the last six months to improve your cost management? How many of your projects came in over budget? Let's look at some practical ways to actually improve your cost management. The sponsor increased the budget to $110,000. Cost management is rarely a straight line.

Estimate 397

Estimate Risk Management Budget Controlling 397

ProjectManager.com

OCTOBER 18, 2022

In order to accomplish those goals and meet a tight deadline and an even tighter budget, you need these 10 free manufacturing Excel templates. A production schedule template is an essential part of your supply chain management. Gantt charts have been essential project management tools for over a century. Gantt Chart Template.

Manufacturing 324

Manufacturing Software Review Risk Management Underperforming Technical Team 324

ProjectManager.com

DECEMBER 9, 2019

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

Risk 452

Risk Risk Management Estimate Project Life Cycle 452

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free. Learn more.

Construction 324

Construction Planning Risk Management Estimate 324

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

ProjectManager.com

JULY 12, 2022

As with everything in construction project management, there’s a process, meetings, checklist and more. The preconstruction phase in construction project management refers to the preliminary planning and engineering services that the construction company implements before construction begins. Learn more.

Software Review 367

Software Review Construction Estimate Budget 367

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. Predicting risks is another key factor in cost control.

Controlling 306

Controlling Risk Management Estimate Budget 306

ProjectManager.com

DECEMBER 20, 2023

Finally, we’ll offer links to a few free construction project management templates to help manage industrial construction projects. That is, industrial construction refers to the building of structures for a business that manufactures goods. ProjectManager’s Gantt chart helps you manage your industrial construction projects.

Construction 347

Construction Transportation Manufacturing Energy 347

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Monitoring 501

Monitoring Risk Management Controlling Technical Review 501

ProjectManager.com

JULY 26, 2023

This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups. A PID is linear and process based, breaking a project into defined stages and is mostly used in the UK. Get started with ProjectManager today for free.

Initiating 283

Initiating Software Review Prince2 Risk Management 283

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents, templates, outputs or a specific deliverable. In project management, artifacts relate to documents, templates, outputs or a specific deliverable. What is an artifact?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS). Monitoring Risks.

Risk Management 105

Risk Management Risk Planning Technical Review 105

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? The term project documentation refers to the project management documents that are created throughout the project life cycle.

Project Life Cycle 362

Project Life Cycle Software Review Infrastructure Risk Management 362

ProjectManager.com

SEPTEMBER 16, 2020

There’s never enough time when managing a project. Project managers don’t have the luxury to quote poems to stakeholders when going off track. Changes in a project are common, but it’s the project manager’s responsibility to make sure that those changes don’t produce a negative impact on the project schedule. It’s a trade off.

Software Review 515

Software Review Budget Risk Management Executing 515

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. The term refers to how the project’s requirements or feature list grows over time without proper control. What is scope creep? What causes scope creep?

Underperforming Technical Team 457

Underperforming Technical Team 2009 Controlling Risk Management 457

ProjectManager.com

JULY 4, 2023

Construction reporting is the creation of informational documents on everything from project events to stages and processes for monitoring and controlling the project, but also to present to stakeholders and keep them updated. There’s also the budget. This provides a reference point for contractors.

Construction 254

Construction Software Review Budget Risk Management 254

ProjectManager.com

APRIL 30, 2021

This information will be compiled into different reports and passed along to managers, investors, clients and other stakeholders. This template includes major details such as an executive summary, project milestones, issues, risks and past and future projections. Risk Register Template. Project Dashboard Template.

Risk Management 370

Risk Management Risk Executing Software 370

Inloox

FEBRUARY 2, 2023

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. The better risk management is handled in your project, the greater the probability of success, all other things being equal.

Risk 172

Risk Underperforming Technical Team Governance Government 172

ProjectManager.com

JUNE 2, 2022

Projects are designed to deliver a product or a service within a specific timeframe and budget, a process that the project manager oversees. If that person is a product manager , he or she may apply a product breakdown structure (PBS). But what is a product breakdown structure? Internal & External Products.

Prince2 206

Prince2 Risk Management Development Team Review Executing 206

ProjectManager.com

JANUARY 26, 2022

Legal project management is well familiar to lawyers, even if they don’t necessarily use that phrase. What Is Legal Project Management? Legal project management is when project management principles are applied to the delivery of legal services. It’s not that different from traditional project management in effect.

Software Review 309

Software Review Certification Risk Management Monitoring 309

Rebel’s Guide to PM

SEPTEMBER 20, 2020

I am reminded of the zombie movie each time I have a discussion about project management versus project leadership. I’m not referring to the mental state of those on either side of the argument, rather the way that just when you think the discussion has died down and the argument is resolved it comes back to life.

Leadership 481

Leadership Influencer PMO Risk Management 481

ProjectManager.com

DECEMBER 13, 2021

Product Manager vs Project Manager. While both are leadership roles and the titles are similar, there’s a difference between a product manager and a project manager as Jennifer Bridges, PMP, explains. Here’s a screen shot of the whiteboard for your reference! What Is a Project Manager?

Project Life Cycle 414

Project Life Cycle Prince2 Certification PMI 414

Rebel’s Guide to PM

OCTOBER 3, 2023

A Guide to the Project Management Body of Knowledge – ( PMBOK® Guide ) Seventh Edition represents a major shift in the way ‘how to do project management’ is presented by PMI. Instead of the Knowledge Areas , we have the whole body of project management split up into performance domains. Let’s look at each of those domains next.

Technical Review 298

Technical Review Software Review PMI 2023 298

ProjectManager.com

JUNE 27, 2023

Lien waivers are sometimes referred to as lien releases and are exchanged at the time of payment on a construction project. To track and collect on these lien waivers, general contractors, property developers and construction lenders use project management software. It’s sometimes referred to as a lien cancellation.

Construction 267

Construction Engineering Defining Risk Management 267

ProjectManager.com

JULY 4, 2023

Construction reporting is the creation of informational documents on everything from project events to stages and processes for monitoring and controlling the project, but also to present to stakeholders and keep them updated. There’s also the budget. This provides a reference point for contractors.

Construction 195

Construction Software Review Budget Risk Management 195

PM Basics

SEPTEMBER 12, 2022

No matter the industry or size of a project, scope management is the most crucial aspect – you must become a professional scope manager first of all. . Scope management is a combination of processes and tools that help to identify tangible and intangible project outcomes. Why Scope Management is Important?

Process 108

Process Underperforming Technical Team Estimate Software Review 108

ProjectManager.com

MAY 9, 2023

Executing projects to meet deadlines without overspending the budget requires a project manager to understand resource availability. It’s part of the larger process of resource management. Figuring out how to distribute and allocate resources is part of any effective resource management plan.

Manufacturing 318

Manufacturing Energy Construction Executing 318

ProjectManager.com

FEBRUARY 22, 2024

Many project management tools can help you plan, manage and track your projects. We’ll even do a side-by-side comparison of Gantt vs. kanban and throw in a couple of free templates so you can kick the tires of both and see if they’re a good fit for managing your project. What Is a Gantt Chart?

Software Review 359

Software Review Underperforming Technical Team Monitoring Software 359