Remove cost-management
article thumbnail

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?

article thumbnail

Cost Performance Index (CPI) In Project Management

ProjectManager.com

Projects cost money. That’s where the cost performance index comes in. We’ll discuss what the cost performance index does and how it does it below. We’ll share the formula for calculating the cost performance index in project management and even provide an example to better illustrate how it works.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Free and Low Cost Project Management Resources

Rebel’s Guide to PM

There was a question in our Facebook group recently: where can I get project management templates? And another question: where can I get free or cheap project management training materials? There are many premium project management templates available — including my template bundles and ebooks. And training to choose from.

Prince2 380
article thumbnail

Cost Management Basics

ProjectManager.com

Cost management is the process by which one plans and manages the budget of a business or project. In the case of a project, it helps the project manager estimate what the project will cost and set in place controls by which they can reduce the chance of the project going over budget. Cost Management Overview.

article thumbnail

Best Practices for Accelerating the Sales Process

More often than not, sales leaders strive to accelerate their deal cycle, but it’s critical to also consider the opportunity cost. The bottom line is that, in B2B sales, speed is useless without control.

article thumbnail

6 Practical Ways to Actually Improve Your Cost Management

Project Risk Coach

Think about it for a minute – what have you done in the last six months to improve your cost management? Let's look at some practical ways to actually improve your cost management. Consider John, a savvy project manager, who was asked to manage a project aimed at replacing a dated network system.

Estimate 397
article thumbnail

What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

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.

article thumbnail

Why B2B Contact and Account Data Management Is Critical to Your ROI

Download this eBook and gain an understanding of the impact of data management on your company’s ROI. You'll learn about: The true cost of bad (and good) data. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations.

article thumbnail

Managing The Project Budget - Developing Your Project Management Skills

This eBook describes the process of managing the project budget and its associated costs.

article thumbnail

20 Common Mistakes Made by Inexperienced Project Managers

You’ve read the PMBOK® Guide several times, taken the certification exam for project managers, passed, and you are now a PMP®. This whitepaper shows 20 of the most common mistakes that young or inexperienced project managers make, issues that can cost significant time and money. So why do you keep making rookie mistakes?

article thumbnail

The Ultimate Guide to Executive Recruiting

It's no secret that hiring for a senior management position is a tough task for recruiters, and remaining open to changes and seeking better ways to source candidates is critical. That is why building a strong framework for executive hiring that maximizes efficiencies while minimizing cost and time to hire is important.

article thumbnail

Unlocking Agile's Missed Potential!

Speaker: Bob Webber, VP Product Flow Optimization, Construx

Product management expected a faster time to market, but they still plan large releases stuffed with features of questionable value. Agile won’t achieve its potential without a better model that facilitates collaboration among product management and engineering teams. What went wrong? Agile doesn’t need to change.

article thumbnail

Potholes in your Roadmap and How to Fill Them

Speaker: Hope Gurion, Product Coach and Advisor

As a Product Manager, prioritizing work on your roadmap is an important part of your role. To answer roadmap questions, you're probably familiar with frameworks like RICE and Cost of Delay. But products are built by people, and people are messy - unlike these frameworks.

article thumbnail

Innovating and Driving Agility with Tech: No-Code Development

Speaker: Gautam Nimmagadda, CEO, Quixy

Product Managers: are you wondering how your teams will work in the future? Keys to achieve the level of growth, cost optimization, and agility you want for your business. If so, it's time to look to no-code development. With it, you can leverage hyper automation, strengthen and accelerate growth, and drive value.