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Construction Cost Management: Managing Construction Costs

ProjectManager.com

Construction costs are one of many metrics that a general contractor has to keep an eye on. But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. That’s why construction cost management is so important. What Is Construction Cost Management?

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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

It’s not easy for construction companies to make accurate budget forecasts. There are many variables to consider, from market to labor costs and always-fluctuating prices. But creating a detailed budget is key to successful construction project management. What are Hard Costs In Construction? Learn More!

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Project Resource Management: The Ultimate Guide on How to Master It

Rebel’s Guide to PM

Labor or human resource forms the backbone of any project and comprises employees (part-time or full-time) and contingent staff with various skill sets required for delivery. The materials for a road construction project are soil, rock aggregates, binders like lime, bituminous materials, cement, etc. Consumables & materials.

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What is Project Management

MPUG

It involves defining the project scope and objectives, creating a detailed plan, and identifying the resources and schedule required to complete the project. PM is used in a variety of industries and can be applied to projects of different sizes and complexities. government began using it to manage complex defense projects.

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Managing Risks and Controlling Projects: How Data-Driven Project Management Come in Useful for Multi-Project Environments

Epicflow Blog

Read more: Main Risks of Aerospace Engineering Projects: How to Implement Wise Risk Management into Your Organization. At the same time, cyber risks are peculiar not only to the defense industry, they’re common within medical, IT, construction, and other sectors. Read more: A Quick Guide to Essential Project Management Metrics.

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7 essential project manager performance metrics to track

Resource Guru

Getting started with project manager performance metrics 3 tips for selecting additional metrics to monitor Track project manager performance metrics in a single source of truth Related Resource Guru reads. Getting started with project manager performance metrics. Cost variance. Cost variance.

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The Ultimate Guide To Project Management For Marketing & Ad Agencies

Teamweek

First, unlike other industries, marketing and advertising projects are more people-focused. But unlike construction or manufacturing projects, the focus of marketing and ad agencies is on people—not materials and equipment. A lead-generation-centered social media campaign is very different than a website development project.