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

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. That’s how you deliver on time and within budget.

Planning 360

Planning Software Review Risk Management Budget 360

ProjectManager.com

AUGUST 23, 2023

When managing a project, there will inevitably be changes or other issues that impact the project. To prevent going off schedule or overspending, project managers are always balancing the project management triangle, which is made up of the three main project constraints. What Is the Project Management Triangle?

Software Review 311

Software Review Risk Management Risk Budget 311

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 396

Risk Risk Management Project Life Cycle Software Review 396

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 332

Finance Estimate Budget Risk Management 332

Rebel’s Guide to PM

APRIL 10, 2023

Keeping track of problems on projects is really important if you want to come across as a professional project manager. I use an issues log (it’s an Excel spreadsheet) to make sure I record, remember and manage all the issues on my projects. Why not plan for them just in case on your risk register? Do you want it too?

Technical Review 389

Technical Review Risk Management Budget Risk 389

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

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. The charter also identifies the main stakeholders and defines the authority of the project manager. Follow our quick guide to writing and executing your project management charter below.

Risk Management 507

Risk Management Budget Defining Software Review 507

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 357

Certification Leadership Risk Management Budget 357

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

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

AUGUST 23, 2023

Project health refers to the status of one’s project in terms of its overall functionality and whether it’s progressing as planned towards a successful delivery. Just as a doctor takes a person’s temperature or blood pressure, project managers need to check on their project’s health. Learn more. Thanks for watching!

Monitoring 294

Monitoring Risk Management Budget Risk 294

Project Risk Coach

SEPTEMBER 19, 2016

How to budget for the unknown unknown risks Have you ever had a budget crisis due to the lack of a management reserve? You look at your budget, but you don’t have the funds to handle this work. The contingency reserve is added to the project budget and is part of the cost baseline.

Budget 150

Budget Estimate Risk Management Controlling 150

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 322

Construction Planning 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 407

Construction Risk Management Estimate Software Review 407

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

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 448

Risk Risk Management Estimate Project Life Cycle 448

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

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 325

Manufacturing Software Review Risk Management Underperforming Technical Team 325

Project Risk Coach

MAY 17, 2021

If you are like most project managers, you are managing several projects. How much variance was there from the schedule and budget? Capture your answers in a Lessons Learned document for future reference. If you have a resource manager, work with the manager to ensure a smooth reassignment of the resources.

Closing 300

Closing Risk Management Risk Budget 300

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 307

Controlling Risk Management Estimate Budget 307

ProjectManager.com

JULY 4, 2023

Construction reports can be written or generated by project management software, but they always are data-rich and usually illustrated by graphs and charts. While you could manually create construction reports, project management software is designed to do it faster and better. There’s also the budget.

Construction 255

Construction Software Review Budget Risk Management 255

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. But even the most complex project can be broken down into simple steps to help make it more manageable. Once that is done, you’ll need project management software to start, execute and deliver the project.

Estimate 271

Estimate Budget Defining Risk Management 271

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. What Is the Preconstruction Phase?

Software Review 366

Software Review Construction Estimate Budget 366

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. ProjectManager is award-winning project management software that takes your PID and turns it into a workable project plan.

Initiating 285

Initiating Software Review Prince2 Risk Management 285

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

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

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 499

Monitoring Risk Management Controlling Technical Review 499

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 514

Software Review Budget Risk Management Executing 514

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

Wrike

SEPTEMBER 2, 2023

In project management, one of the key factors that contributes to the successful completion of a project is a well-structured and comprehensive budget plan. A project budget plan serves as a roadmap for financial control, enabling organizations to allocate resources effectively, monitor expenses, and ensure the project stays on track.

Budget 36

Budget Controlling Planning Technical Review 36

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

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 344

Construction Transportation Manufacturing Energy 344

ProjectManager.com

MAY 17, 2023

Before we cover task dependency mapping, let’s first understand what’s meant by dependency in project management and define the four different types of task dependencies. What Are Dependencies in Project Management? They’re a way to break down the larger work into smaller, more manageable pieces.

Software Review 275

Software Review Construction Risk Management Risk 275

ProjectManager.com

JULY 4, 2023

Construction reports can be written or generated by project management software, but they’re always data-rich and usually illustrated by graphs and charts. While you could manually create construction reports, project management software is designed to do it faster and better. There’s also the budget.

Construction 195

Construction Software Review Budget Risk Management 195

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

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. Learn more.

Prince2 205

Prince2 Risk Management Development Team Review Executing 205