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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Then we’ll explain the difference between the construction phases and the project life cycle. To help you manage your construction projects better, we’ll even add a few free templates. Construction projects are carefully planned. In some cases, however, the life cycle of construction phases can overlap.

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. 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 Budget Template All projects cost money.

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How to Manage Your Project Pipeline With Software

ProjectManager.com

Projects have a beginning, middle and end. That’s called the project life cycle. When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. What is a project pipeline?

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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

When it comes to budgeting, hard costs are easier to estimate. Being able to track your resources is how you keep to your budget, and project management software helps monitor costs. ProjectManager is project and work management software that delivers real-time data on your construction project. Learn More!

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125 Project Management Buzzwords

The IIL Blog

Benchmarking Identifying a project performance indicator or practice, then assessing it against industry standards or best practices. Bottom-up Estimating A project estimation technique that leverages tactical-level team members/subject matter experts (SMEs) to break down tasks into smaller components to create a more accurate estimate.

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4 Best Tools For Small Team Project Management

Productivity Land

Project managers can monitor progress throughout the project timeline, allocate resources appropriately, and get updates on project status anytime they need them. To track deadlines and progress Project management software also tracks progress and leads to successful project outcomes.

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Optimal Resource Utilization: Formulas, Metrics, Best Practices

Teamweek

People are the most crucial resource for professional service businesses such as agencies, consultancies, etc. The formula for calculating resource utilization is as follows: It is a key performance indicator (KPI) for project profitability. Improves planning and estimation Project plans and estimates become better with experience.