ProjectManager.com

MARCH 9, 2022

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. A stakeholder is a person, like any other member of the project, and some will be easier to manage than others. Stakeholder Examples. But what is a stakeholder?

Software Review 483

Software Review Influencer Governance Government 483

ProjectManager.com

AUGUST 15, 2023

Making accurate estimates of construction costs requires an understanding of job costing, knowing what a costing sheet is and what needs to be included in that costing sheet. We’ll go over all, plus explain when to use job costing and provide an example of job costing to make sure the definition is clear. What Is Job Costing?

Manufacturing 280

Manufacturing Construction Estimate Project Cost 280

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 441

Certification Prince2 Monitoring PMI 441

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 450

Underperforming Technical Team 2009 Controlling Risk Management 450

ProjectManager.com

APRIL 16, 2024

Once you create this Excel project timeline, you can use this template to estimate future project timelines using project tasks and due dates. Get your free Timeline Template Use this free Timeline Template for Excel to manage your projects better. Define the Length of the Timeline First, think about the best scale for the timeline.

Software Review 360

Software Review Estimate Executing Monitoring 360

ProjectManager.com

APRIL 4, 2023

A bill of quantities is an important document in construction project management. We’ll explain what a bill of quantities is, why it’s so important to construction project management and detail what should go into one. Therefore, owners know which bids are competitive and bidding contractors can better estimate their profit margins.

Construction 272

Construction Software Review Executing Engineering 272

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. Without a plan, projects are in trouble. Why Use Project Planning Templates?

Planning 358

Planning Software Review Risk Management Budget 358

ProjectManager.com

FEBRUARY 6, 2024

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Google Sheets helps with collaboration but it isn’t a true project management software.

Budget 326

Budget Estimate Software Review Executing 326

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

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

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free. Risk Management Plan Definition. Risk Register, WBS).

Risk Management 105

Risk Management Risk Planning Technical Review 105

ProjectManager.com

JUNE 30, 2021

The construction project manager role is a unique position, though it shares many of the attributes associated with any kind of project manager. If you’re looking for an experienced construction project manager, you need to understand their job. What Does a Construction Project Manager Do? Managing supplies.

Construction 297

Construction Certification Budget Logistics 297

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

Underperforming Technical Team 330

Underperforming Technical Team Risk Management Software Review Budget 330

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 411

SCRUM Manufacturing 2001 Agile 411

Teamweek

APRIL 19, 2024

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. You’ll learn proven steps, formulas, and examples to calculate and improve project ROI. Let’s dive in. What is project ROI?

Underperforming Technical Team 59

Underperforming Technical Team Estimate Risk Management Project Cost 59

Rebel’s Guide to PM

APRIL 22, 2024

I mentor project managers, and the types of problems that people come up with on calls are not technical issues for the most part. Or “resources” as we unkindly call people in project management. Why is effective resource management difficult? I’m sure you can think of some poor resource management examples.

Technical Review 275

Technical Review PMO Risk Management Software Review 275

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 329

Finance Estimate Budget Risk Management 329

WorkOtter

MAY 18, 2023

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

Risk Management 78

Risk Management Risk Underperforming Technical Team Software Review 78

ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 394

Risk Risk Management Project Life Cycle Software Review 394

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? And do we want to let those risks run wild without any effort to contain them? Why is Risk Management in Agile Projects Even a Question?

Risk Management 98

Risk Management Risk Agile Technical Review 98

Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1.

Risk 395

Risk Risk Management Budget Engineering 395

Planio

FEBRUARY 12, 2024

In this guide, we’ll go deep into what a competitive analysis should include and then provide a step-by-step guide (including examples and templates) to help you create your own. Understanding trends and risks. Jump to a section: What is a competitive analysis? support packages, delivery options, warranties). Let’s get started: ?

Underperforming Technical Team 88

Underperforming Technical Team Technical Review Estimate Influencer 88

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. Let's define opportunity.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

FEBRUARY 3, 2022

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. Follow our quick guide to writing and executing your project management charter below.

Risk Management 510

Risk Management Budget Defining Software Review 510

Teamweek

NOVEMBER 3, 2023

Top-down estimating is a form of estimation where existing knowledge of similar projects is used in the estimation process to produce a ballpark figure for the total cost. Like other methods to estimate a new project’s cost , top-down estimation has advantages and disadvantages. What is top-down estimating?

Estimate 52

Estimate Budget Influencer Initiating 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

FEBRUARY 14, 2023

The ability to measure progress is how project managers keep projects on track. But if you’re working in an agile environment, the Gantt chart isn’t the right tool for your iterative approach to project management. Let’s define it, explain when it’s used and explore how to make one. What you need is a burn up chart.

Agile 340

Agile Estimate SCRUM Software Review 340

ProjectManager.com

MARCH 22, 2024

This contractor payment schedule is defined in the construction contract and sets pay over regular intervals across the project schedule. This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. Or it could be whatever is defined as a milestone.

Construction 308

Construction Software Review Budget Defining 308

ProjectManager.com

FEBRUARY 7, 2024

A project timeline is a project scheduling tool that’s used to estimate the total duration of a project from start to end by mapping tasks, deliverables and milestones in chronological order. Gantt charts are the most commonly used tool to create and manage project timelines, but there are other methods and tools you can use like Excel.

Software Review 356

Software Review Estimate Budget Executing 356

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

Teamweek

FEBRUARY 2, 2023

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. So we’ll explore the most common project risks (and how to prevent them) in this guide. 11 common types of project risks It’s important to remember that risks don’t always appear as a dark, foreboding catastrophes.

Risk 95

Risk Estimate Risk Management ChatGPT 95

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. But even the most complex project can be broken down into simple steps to help make it more manageable. Once that is done, you’ll need project management software to start, execute and deliver the project.

Estimate 267

Estimate Budget Defining Risk Management 267

ProjectManager.com

JULY 2, 2019

There are many examples throughout history that illustrate the importance of teamwork. We cherry-picked 10 of our favorite inspirational examples of teamwork as it applies to a variety of circumstances. One of the most historic examples of teamwork is the Apollo 11 1969 mission. But don’t take our word for it.

Software Review 217

Software Review Aerospace Logistics Engineering 217

nTask

JUNE 8, 2021

Estimating projects is part and parcel of project management for any project. However, estimating projects with accuracy is not always so successful. In fact, many of the issues in project management can be traced back to failed attempts at estimating projects. Why Does Estimating Projects so Often go Wrong?

Estimate 148

Estimate 2021 Software Review Budget 148

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 316

Software Review Risk Management Technical Review Risk 316

ProjectManager.com

OCTOBER 4, 2023

For a project to function properly and be delivered on time and within its budget, all the roles and responsibilities of everyone involved must be clearly defined and communicated. Everyone has their part to play in the process, which is orchestrated by the project manager acting on behalf of the project owner. What Is a Project Owner?

Closing 391

Closing Budget Risk Management Leadership 391

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