ProjectManager.com

MARCH 12, 2024

Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them. To help with this process, we’ll define resource requirements and link to a free resource plan template. What Are Resource Requirements in Project Management?

Software Review 332

Software Review Estimate Defining Budget 332

nTask

MARCH 2, 2022

Unexpected costs, events, and miscalculations can take your project down the hill in no time. This is where project cost management jumps in. Cost management helps you to mitigate the risk of any surprise costs and budget constraints. What is Project Cost Management?

Project Cost 88

Project Cost Underperforming Technical Team Estimate Budget 88

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance.

Process 360

Process Executing Controlling Defining 360

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. 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.

Initiating 279

Initiating Software Review Prince2 Risk Management 279

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. What Is a Project? What Is Project Management?

Project Life Cycle 399

Project Life Cycle Software Review Monitoring Budget 399

ProjectManager.com

FEBRUARY 3, 2022

But there are a lot of elements to any successful project charter. 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. We’ve included a free project template charter to help as an example of what a project charter should include.

Risk Management 510

Risk Management Budget Defining Software Review 510

ProjectManager.com

JULY 5, 2023

That’s why construction cost management is so important. Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. What Is Construction Cost Management? Learn more What Is a Construction Cost?

Construction 299

Construction Estimate Monitoring Budget 299

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? Everything!

Monitoring 499

Monitoring Risk Management Controlling Technical Review 499

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.

Certification 353

Certification Leadership Risk Management Budget 353

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

Project Life Cycle 358

Project Life Cycle Software Review Infrastructure Risk Management 358

ProjectManager.com

NOVEMBER 19, 2021

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups.

Process 306

Process Monitoring Controlling Software Review 306

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. What does it mean to “do” project quality? You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right.

Software Review 325

Software Review Technical Review Budget Defining 325

ProjectManager.com

AUGUST 15, 2023

Job costing is a type of accounting method that helps identify project costs and track them to keep to your budget. It tracks all costs and revenue associated with a particular project and is commonly used in construction projects, but it can also be found in manufacturing, engineering, retail, logistics, healthcare and more.

Manufacturing 280

Manufacturing Construction Estimate Project Cost 280

ProjectManager.com

AUGUST 1, 2023

There are many ways to manage a project. While project management software is the gold standard, there are many free project management templates for Google that you can download to plan, manage and track your projects. They cover all phases of the project through its life cycle.

Risk Management 280

Risk Management Budget Monitoring Risk 280

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free.

Risk Management 105

Risk Management Risk Planning Technical Review 105

ProjectManager.com

MARCH 20, 2024

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.

Construction 326

Construction Software Review Underperforming Technical Team Estimate 326

ProjectManager.com

JUNE 7, 2023

There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit.

Manufacturing 245

Manufacturing Estimate Project Cost Influencer 245

Teamweek

AUGUST 17, 2022

Project Controls narrow the differences between a project’s plan and its execution. As a result, you stay within budget and meet project deadlines. Projects need to meet goals and expectations. A project plan helps you chart out a path towards meeting these goals. What are project controls?

Controlling 52

Controlling Risk Management Monitoring Budget 52

ProjectManager.com

FEBRUARY 21, 2023

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. There are three types; supportive, controlling and directive and each has varying degrees of involvement.

PMO 244

PMO Software Review Risk Management Risk 244

ProjectManager.com

OCTOBER 21, 2022

In project management, a program is a set of related projects that are executed simultaneously by organizations to make the most out of their resources and maximize their return on investment (ROI). Program management requires company-wide collaboration and lots of planning. A program manager oversees this process.

Certification 387

Certification Risk Management PMI Budget 387

Project Risk Coach

MARCH 29, 2021

On one project, the sponsor tells the project manager to make the decisions. On other projects, the sponsor makes the decisions. And yet, in other cases, senior management gets involved. It's critical that you define how change requests will be reviewed, approved or declined. Project Manager.

Controlling 195

Controlling PMO Consulting Defining 195

ProjectManager.com

AUGUST 21, 2019

Many costs can appear over the life cycle of a project, and an accurate estimation method can be the difference between a successful plan and a failed one. Projects bring risks, and risks bring unexpected costs. An Overview of Cost Estimation. 12-Step Process for Cost Estimation.

Estimate 310

Estimate Technical Review Project Cost Governance 310

ProjectManager.com

FEBRUARY 24, 2020

The answer is a cost management plan. What is a Cost Management Plan? A cost management plan is a method of strategizing the planning and execution of a project’s budget. Of course, this is done in order to complete your project on time and on budget. How Do You Create a Cost Management Plan?

Planning 289

Planning Estimate Budget Project Cost 289

ProjectManager.com

MAY 26, 2021

For example, a fixed-price contract is only viable for the contractor when they are able to very accurately forecast how much the project will cost. If there are too many variables and unknowns, then setting an arbitrary cost for the work can be too high or too low. It’s too much of a risk to take.

Risk Management 324

Risk Management Budget Risk Defining 324

ProjectManager.com

SEPTEMBER 28, 2023

Then we’ll explain what a project metrics dashboard is and why it’s one of the essential project management software features. What Are Project Metrics? Project metrics are data pulled from the performance of the project. Project management software makes gathering and calculating project metrics easier.

Budget 323

Budget Risk Management Software PMI 323

Rebel’s Guide to PM

APRIL 24, 2023

Projects and operations are both necessary for businesses to succeed, but they require different approaches. When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects change the business. The status quo is good but project managers keep changing things!

Retail 400

Retail Governance Government Healthcare 400

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. Understanding the importance of a project budget plan is crucial for project managers and stakeholders. This enhances productivity and reduces delays.

Budget 36

Budget Controlling Planning Technical Review 36

ProjectManager.com

MAY 30, 2023

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. To understand what general conditions are, we’ll define the term as it relates to construction and why the term is important. The general conditions in this place are specific to the project.

Construction 255

Construction Infrastructure Estimate Defining 255

Project Risk Coach

MAY 21, 2018

If this is true, why is it that some project managers put so little time in developing a project management plan? One of the reasons is that project managers may not know what to include. A project baseline is a snapshot against which all future measurements will be compared. Think about this.

Underperforming Technical Team 220

Underperforming Technical Team Planning Project Life Cycle PMI 220

ProjectManager.com

JULY 5, 2018

One of the biggest challenges of every project manager is project constraints. They limit a project, and they can quickly endanger your project’s success. Hence, it’s important to know all possible constraints, their influences on each other and the project management tools that address those constraints.

Technical Review 362

Technical Review Sustainability Software Review Risk Management 362

ProjectManager.com

APRIL 19, 2023

There’s more than one way to manage a construction project. Let’s explore lean construction, defining what it is and its key principles. Along the way, we’ll explain why lean construction can benefit your project and how the right project management software can help you take advantage of lean construction.

Construction 310

Construction Lean Manufacturing Engineering 310

ProjectManager.com

SEPTEMBER 16, 2020

It’s imperative that you calculate what the costs of these things will be as close as possible to get the allocated funds and not go over budget, which could jeopardize the entire project. ProjectManager.com’s Project Budget Template. By so doing, you have given the project a better chance to succeed.

Budget 414

Budget Estimate Risk Management Monitoring 414

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Project Cost 52

Project Cost Estimate Process Budget 52

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

AUGUST 4, 2022

They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. ProjectManager’s Gantt charts help you manage all construction delivery methods. Learn more.

Construction 297

Construction Risk Management Risk Closing 297

ProjectManager.com

OCTOBER 18, 2022

A production schedule template is an essential part of your supply chain management. It helps you manage your resources effectively and even supports the sales team as they know when products will be delivered and available for sale. Gantt charts have been essential project management tools for over a century.

Manufacturing 319

Manufacturing Software Review Risk Management Underperforming Technical Team 319

ProjectManager.com

SEPTEMBER 21, 2022

As projects are all about the bottom line, you can imagine the importance of project profitability in project management. Being able to determine beforehand whether a project will turn a profit is how organizations can decide which projects to initiate and which ones to skip. Project Profitability Analysis.

Initiating 307

Initiating Project Cost Estimate Software 307