article thumbnail

Best Cost Control Techniques

ProjectManager.com

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. To understand cost control, let’s first define it and then we’ll show the steps you can take to implement cost control.

article thumbnail

Project Monitoring and Control: Tools & Steps

ProjectManager.com

Projects are divided into phases to make them more manageable. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. Project controlling involves a lot of steps to thoroughly monitor the project schedule, resources and costs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are the Risk Management Roles in Projects and Programs?

Project Risk Coach

As a project manager, you constantly juggle a million tasks at once. This article will provide clear guidance on how to define and assign risk management roles and responsibilities for projects and programs. Ensuring that all of the risks are addressed can be a daunting task, particularly for larger, complex projects.

article thumbnail

10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. What is Project Execution? Project Execution Steps. Execute Project Scope.

Executing 499
article thumbnail

7 Tips For Better Cost Control & Expense Control

ProjectManager.com

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money. What Is Cost Control? What Is Expense Control?

article thumbnail

Project Controls: A Quick Guide

ProjectManager.com

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. What Are Project Controls? Risk management.

article thumbnail

Quality Control in Manufacturing: A Quick Guide

ProjectManager.com

Simply put, quality control in manufacturing is important. Quality control in manufacturing means your customers get what they’ve paid for. Let’s learn what quality control is, some of the methods to employ it and the roles of your team to ensure quality control in manufacturing is delivered. What Is Quality Control (QC)?