LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

Risk Management 158

Risk Management Risk Technical Review Budget 158

Inloox

NOVEMBER 16, 2021

Risk analysis with the FMEA method The abbreviation FMEA stands for Failure Mode and Effects Analysis. The FMEA method is therefore much more than just a risk management method. In project management, this tool is mainly used in quality assurance and risk management. Identification and assessment of risks.

Risk Management 228

Risk Management Risk Software Developers Software Development 228

Project Risk Coach

JANUARY 9, 2024

In the intricate world of project management, where each decision can lead to a myriad of outcomes, the ability to forecast and manage potential risks is invaluable. How to Perform Decision Tree Analysis Here's a step-by-step guide on how to perform decision tree analysis for quantitative risk analysis.

PMI 221

PMI Estimate Risk Management Risk 221

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? Yes, of course, they do. And do we want to let those risks run wild without any effort to contain them? Of course not.

Risk Management 98

Risk Management Risk Agile Technical Review 98

LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

Risk Management 158

Risk Management Risk 2003 2007 158

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. What Are Resource Requirements in Project Management? Knowing one’s resource requirements will also help project managers to get the most out of their resources.

Software Review 336

Software Review Estimate Defining Budget 336

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free. Learn more.

Construction 324

Construction Planning Risk Management Estimate 324

ProjectManager.com

OCTOBER 5, 2023

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. Learn how cost control can help you better manage construction or manufacturing projects. The more accurate you are, the better, of course.

Controlling 333

Controlling Manufacturing Construction Underperforming Technical Team 333

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 334

Finance Estimate Budget Risk Management 334

Rebel’s Guide to PM

FEBRUARY 12, 2024

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

Finance 319

Finance Risk Management Budget Risk 319

ProjectManager.com

AUGUST 15, 2023

Project management is all about solving problems before they happen. Let’s look at 15 project management challenges and how to deal with them. 15 Project Management Challenges You Should Prepare for Here are the most common challenges project managers face in their day-to-day lives.

Estimate 315

Estimate Software Review Monitoring Risk Management 315

LiquidPlanner

AUGUST 14, 2018

But what if you’re switching from a purely technical role to one that involves managing projects? Or, having managed IT projects for a while, what if you want to formalize your experience with a relevant project qualification? There’s a fair amount of choice when it comes to project management credentials.

Certification 910

Certification Estimate Infrastructure Manufacturing 910

Leading Answers

AUGUST 25, 2020

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. It helps manage client expectations and answer the type of questions they ask, such as " When will it be done? It sounds lazy and avoiding the hard work of having to estimate.

Estimate 131

Estimate Software Review Underperforming Technical Team Agile 131

MPUG

JANUARY 8, 2024

The Project Management Institute defines a project as “a temporary endeavor undertaken to create a unique product, service, or result.” The solution, of course, is estimating. There is a whole science to estimation, and it would be possible to go very deeply into this. We need simple techniques that get us close enough.

Estimate 52

Estimate Technical Review Risk Management Closing 52

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

ProjectManager.com

MARCH 20, 2024

Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. 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.

Construction 330

Construction Software Review Underperforming Technical Team Estimate 330

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. Thanks for watching!

Certification 356

Certification Leadership Risk Management Budget 356

Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. That’s because parametric estimations are highly accurate and take some guesswork from your estimation process. What is parametric estimating? The more granular the parameter, the more accurate the estimate.

Estimate 52

Estimate Software Review Project Cost Risk Management 52

ProjectManager.com

NOVEMBER 2, 2023

Whether you’re interested in a career in construction or looking to fill an open position in your construction management company, there are a lot of entry points. Of course, your education and experience will impact many construction job titles you’d be eligible for, which is why we’ve listed the most common construction job titles.

Construction 312

Construction Estimate Logistics Engineering 312

Scrum.org

SEPTEMBER 16, 2020

Still plenty of teams use hourly estimates for complex work. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Relative estimation: takes less time, focuses on team collaboration i.o. Think risk, effort, complexity.

Estimate 156

Estimate Software Review Budget Agile 156

Project Risk Coach

MARCH 2, 2021

Unforeseen risks knock at your door. You look at your budget, but you don't have the funds to respond to these risks. Let's explore management reserves for projects, who controls them, and how to estimate the reserves. These risks are known – that is, they've been identified. These risks have not been identified.

Budget 284

Budget Estimate Controlling Performance Measurement 284

Rebel’s Guide to PM

APRIL 5, 2023

Are you looking for tips on how to pass the Google Project Management Certificate ? I completed the 6 courses in a week (what a week that was!). My experience with the Google Project Management Professional Certificate I completed the course requirements in a week. Recommended Google Project Management Certificate 5.0

Certification 435

Certification Executing Risk Management Agile 435

ProjectManager.com

NOVEMBER 2, 2022

However, in project management, project assumptions are essential for planning a project. Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk.

Software Review 321

Software Review Risk Management Technical Review Risk 321

Rebel’s Guide to PM

APRIL 2, 2023

His ‘Managing and Saving Programs in a Changing World’ webinar covers 5 steps for project recovery. There are several things that can go wrong in program management: Business case deterioration: the program started off with a good business case but it no longer stacks up. Ward started off by explaining what a ‘troubled program’ is.

Underperforming Technical Team 407

Underperforming Technical Team Technical Review Sustainability Estimate 407

ProjectManager.com

JUNE 28, 2023

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. There are five phases in the project management process: initiation, planning, execution, monitoring and controlling and closing.

Monitoring 292

Monitoring Controlling Software Review Risk Management 292

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

SCRUM 412

SCRUM Manufacturing 2001 Agile 412

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. Planning and managing these resource costs in an IT budget can be facilitated by project management software. ProjectManager’s Gantt charts help you plan, manage and track IT costs.

Budget 343

Budget Software Review Infrastructure Monitoring 343

Rebel’s Guide to PM

FEBRUARY 5, 2024

There are several ways of categorizing project cost for your project budget: Direct costs Indirect costs Capital costs (capex) Operating costs (opex) Project deliverable costs Project management costs And your organization may have other standard ways of thinking about cost categories. Let’s look at each of those in turn.

Budget 307

Budget Project Cost Estimate Finance 307

Kiron Bondale

FEBRUARY 18, 2018

Project managers need to be comfortable with different estimation techniques. Foundational project management courses will teach you about analogous, bottom-up, parametric and three-point estimating. Estimate the size or effort of that story or work package. But have you heard of RBS?

Estimate 136

Estimate Controlling Agile Risk Management 136

ProjectManager.com

JUNE 4, 2021

The following are our top 8 Microsoft Excel construction templates for better construction project management. Construction Estimate Template. This process hinges on estimating expenses. Our construction estimate template is designed to do just this by setting up a solid system for listing and organizing expenses.

Construction 409

Construction Risk Management Estimate Software Review 409

ProjectManager.com

DECEMBER 28, 2023

Workload analysis is how project managers figure out how many team members they will need to properly execute a project. Workload tracking helps project managers reallocate team members as needed to serve the project and not overburden any one member of the project team. What Is Workload Analysis?

Manufacturing 315

Manufacturing Monitoring Estimate Executing 315

Rebel’s Guide to PM

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. PWC predicts that 80% of project management work will be eliminated by 2030.

Artificial Inteligence 510

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 510

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

ProjectManager.com

JULY 5, 2023

There are others, of course, such as the schedule, quality, safety and much more. 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?

Construction 304

Construction Estimate Monitoring Budget 304

Project Risk Coach

OCTOBER 23, 2021

Some project managers have a defensive mindset. 3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Table Of Contents.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

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? Project Integration Management.

Monitoring 501

Monitoring Risk Management Controlling Technical Review 501

ProjectManager.com

JULY 26, 2023

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. ProjectManager is award-winning project management software that takes your PID and turns it into a workable project plan.

Initiating 283

Initiating Software Review Prince2 Risk Management 283