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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Construction projects will never get off the ground without financing. Money sets the gears of construction management in motion. Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. What Is a Construction Budget?

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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

Construction projects are structured with schedules, budgets and resource allocation. Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. ProjectManager has workload charts to keep teams productive. What Is a Preconstruction Meeting?

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Best Cost Control Techniques

ProjectManager.com

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that. Seek it out.

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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. It’s essential to keep projects successful for any organization to thrive.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. Are there benefits to developing a capital improvement plan? Can project management software facilitate this work? Related: Free Estimate Template for Excel.

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Project Controls: A Quick Guide

ProjectManager.com

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. In fact, it works throughout the entire life cycle of a project. Cost estimates.

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Microsoft Project Gantt Chart: A How-to Guide With Pros, Cons & Alternatives

ProjectManager.com

The Gantt chart for Microsoft Project also breaks your project down into project phases and you can add milestones to indicate important dates, which helps you track progress and reward the team for completing their work. However, the Microsoft Project Gantt chart is not without its limitations. There are more.