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Creating a Request for Quote (RFQ) for Procurement

ProjectManager.com

Projects need resources, often consistently. Suppliers and contractors deliver those products and services that help fulfill the project. Managers want to stay on budget and resources cost money, which is why they use a request for quote (RFQ) to get pricing from suppliers and contractors.

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Production Scheduling Basics: Creating a Production Schedule

ProjectManager.com

Production scheduling is part of the pipeline that starts with sourcing and planning. If you don’t have the materials, you can’t manufacture a product. But for now, let’s focus on production scheduling. We’ll define both production scheduling and a production schedule and define what production scheduling is not.

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How to Calculate Total Manufacturing Cost

ProjectManager.com

There are various costs involved in the production of any product. Before work hits the production line, one must know how to calculate manufacturing cost. Plus, we’ll explore how software can help. Manufacturing costs are the prices incurred during the production of a product.

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Construction Engineering: A Quick Guide With Definitions, Roles and More

ProjectManager.com

Every process is important to construction project management, especially construction engineering. We’ll then explore the different roles related to construction engineering management. Construction engineering is the process of overseeing and managing a large-scale and complex construction project.

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ERP systems explained simply

Inloox

EOQ (Economic Order Quantity) did not require a computer at all, only pen and paper were used to improve time planning in production. For the first time, various components of production were combined in the form of modules on a central platform. ERP vs. PM: Where are the similarities and differences? What is an ERP system?

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Modularized megaprojects: What we can learn from Tesla (Part 2)

Inloox

In the first part of our two-part blog post, you learned that complex planning and a multitude of dependencies can make a project a very fragile construct. If a project fails, it always fails in its entirety. This is because the project only adds value after it has been 100% completed successfully.

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Where Did All the Project Managers Go?

Leading Answers

Software is eating the world ” claimed venture capitalist, Marc Andreessen in his 2011, New York Times article. Seven years on, the trend continues, and project managers are also on the menu. The next generation of project managers face new challenges but also new opportunities as organizations undergo a major transformation.