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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? It helps to think of risks in categories.

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Top 10 Project Management Qualifications

ProjectManager.com

Having three years of experience as a project manager, or thereabouts, shows you have relevant experience. Having PMP certification is an industry standard to show that you’ve learned the basics and know the various project management methodologies. Business: There’s a business component to project management, of course.

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Episode 195 – Estimate This: Managing Project Estimation

Velociteach

We are taking a fresh look at project estimation. Topics include the estimation obstacles project managers commonly face, key factors essential for accurate projections, the impact of organizational culture, implementing cost management strategies, and navigating the risks of underestimating or overestimating project estimates.

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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

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Monte Carlo Risk Analysis in Project Management

Project Pulse Journal

By: Dr. Michael Shick, MSPM, PMP, CSM Are you a project manager struggling to predict the risks in your projects accurately during planning? Do you find yourself overcome by the inherent uncertainty of project variables like cost or schedule and worried about how they might impact your project's success?

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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

Sol feels that those with accountancy backgrounds have an edge – especially in building client trust, but there are still opportunities to build accounting knowledge even if it isn’t your specialization, “[E&Y] encourage anyone in the firm to do an accountancy certification. 5 Tips for Managing a Project Budget.

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Commercial Construction Management: A Quick Guide

ProjectManager.com

This requires researching prices for similar buildings and the cost per square foot will vary widely depending on where you’re building. Using historical data and other research helps to provide a more accurate forecast of the project cost. The field team for the project site will also be assembled. Procurement.