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Project Monitoring and Control: Tools & Steps

ProjectManager.com

All are important, especially project monitoring. 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.

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What Is Kanban? Meaning, Definitions & Best Practices

ProjectManager.com

Kanban also moved from physical kanban boards and cards to digital tools equipped with project planning, scheduling and tracking features like ProjectManager. ProjectManager is an award-winning project management software that offers kanban boards with robust features for managing tasks and workflows in any industry.

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Tracking Budget Variance in Project Management

ProjectManager.com

Negative Budget Variance: When the actual costs are higher than the budgeted amount, which means the project finances are underperforming and require further investigation to learn why. Using project management software can track budget variance. Project managers use budget variance analysis when managing projects.

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Create & Manage a Project Budget Using Software

ProjectManager.com

Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. Projects can have several different types of costs that all need tracking in order to ensure that everything comes in under budget. What Is a Project Budget? Learn More!

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Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

Knowing one’s resource requirements will also help project managers to get the most out of their resources. This can be done more effectively with project management software. ProjectManager is award-winning project and portfolio management software that allocates and schedules project resources through multiple views.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

The time value of money is about the potential rate of return on the investment as well as the reduced purchasing power over time due to inflation. Whatever capital budgeting decisions one makes, project management software can help track those costs. Execute the Project Once chosen, the project will be implemented.

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How to Make a Contractor Payment Schedule in Construction (Template Included)

ProjectManager.com

Because the construction payment schedule is linked to the project schedule, it should be part of any project plan. Incorporating the construction payment schedule with the execution of the project can be seamlessly achieved with project management software. Each has its advantages and disadvantages.