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 288

Monitoring Controlling Software Review Risk Management 288

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

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. We’ll get to that in a moment as well as define project pipeline management. ProjectManager’s roadmaps help you manage your project pipeline.

Software Review 344

Software Review Software PMO Monitoring 344

ProjectManager.com

MAY 30, 2023

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. To understand what general conditions are, we’ll define the term as it relates to construction and why the term is important. The general conditions estimate the cost of the infrastructure.

Construction 255

Construction Infrastructure Estimate Defining 255

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

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

JULY 5, 2023

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. We’ll go over those definitions and explain the construction cost management process so you can manage projects better.

Construction 299

Construction Estimate Monitoring Budget 299

ProjectManager.com

NOVEMBER 23, 2023

First, we need to define capital budgeting, what a capital budget is and why it’s important. The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. What Is the Importance of Capital Budgeting?

Budget 340

Budget Technical Review Software Review Executing 340

Rebel’s Guide to PM

JULY 20, 2023

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, templates, outputs or a specific deliverable. In project management, artifacts relate to documents, templates, outputs or a specific deliverable. What is an artifact?

Logistics 256

Logistics Artificial Inteligence PMI Performance Measurement 256

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? The term project documentation refers to the project management documents that are created throughout the project life cycle.

Project Life Cycle 358

Project Life Cycle Software Review Infrastructure Risk Management 358

Rebel’s Guide to PM

SEPTEMBER 22, 2021

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. From Accounting to Program Management. 5 Tips for Managing a Project Budget.

Budget 359

Budget 2015 Retail Governance 359

ProjectManager.com

NOVEMBER 22, 2022

An event budget is the estimated costs associated with putting on an event. Prices for things change and there’s an inherent risk in putting together an event that can impact your budget. Creating and managing a budget is one of the most important parts of delivering a successful event. Estimate Fixed & Variable Costs.

Budget 325

Budget Transportation Estimate Risk Management 325

Teamweek

JULY 29, 2022

“ I’ve done this a million times–let’s skip estimating just this once.”. You rush through the beginning estimates only to miss deadlines, blow budgets, and draw raised eyebrows from clients. In this guide we’ll cover: What are project estimation techniques? What are project estimation techniques? Cost estimations.

Estimate 52

Estimate Software Review Risk Management Budget 52

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects. What are the Essential Project Management Buzzwords?

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Rebel’s Guide to PM

OCTOBER 26, 2020

A fixed date project is one that has a defined — and often unmovable — end date for delivery. Weddings — in fact, event planners are excellent at managing fixed date projects because every event has a fixed date on which it will take place and the project to deliver the event has to be done on time.

Telecoms 476

Telecoms 2010 Estimate Prince2 476

ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. That means your estimates have to be accurate, or as much so as you can make them. Monitor project expenses with this Excel budget template.

Budget 414

Budget Estimate Risk Management Monitoring 414

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

ProjectManager.com

JANUARY 26, 2022

Legal project management is well familiar to lawyers, even if they don’t necessarily use that phrase. What Is Legal Project Management? Legal project management is when project management principles are applied to the delivery of legal services. It’s not that different from traditional project management in effect.

Software Review 304

Software Review Certification Risk Management Monitoring 304

Rebel’s Guide to PM

DECEMBER 18, 2022

The framing effect is a cognitive bias that can lead us to make different decisions based on how information is presented to us. Framing occurs when people identify the key issues in a situation and then present them in a way that will influence the decision that is made. Let’s take a project management example.

Influencer 366

Influencer Defining Estimate Risk Management 366

ProjectManager.com

JULY 5, 2022

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. How do you know whether the project you’re undertaking is the best possible solution to the problem defined above? Discern the risks and issues associated with each solution.

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Governance 370

ProjectManager.com

SEPTEMBER 21, 2022

As projects are all about the bottom line, you can imagine the importance of project profitability in project management. We’ll define the term and explore how to analyze and measure profit profitability to help you better allocate your resources. That’s why project management software is so important. Always Track.

Initiating 308

Initiating Project Cost Estimate Software 308

Rebel’s Guide to PM

MARCH 23, 2023

Recently I audited the Fundamentals of Project Planning and Management course from University of Virginia Darden Business School. It’s one of the most popular project management courses on Coursera. Who is the Fundamentals of Project Planning and Management course for?

Technical Review 470

Technical Review Planning Certification Risk Management 470

Rebel’s Guide to PM

MAY 10, 2022

He needed a new plan, and quickly – he was due to present the schedule to the Sponsor that afternoon. In turn, you may put more and more pressure on your team to speed up – risking cutting corners and delivering a low quality product that is not fit for purpose. Dependency management is important here.

Estimate 251

Estimate Finance Defining Planning 251

Inloox

FEBRUARY 15, 2022

Does this sound familiar: A manager calls an employee in and proudly informs them about new challenges, ideas and projects. risk analysis ), concepts are usually created as a starting point for important and large projects, as well as other endeavors. Therefore, you should have good rhetorical skills and enjoy presenting.

Underperforming Technical Team 217

Underperforming Technical Team Risk Management Risk Influencer 217

Rebel’s Guide to PM

JULY 31, 2020

He needed a new plan, and quickly – he was due to present the schedule to the Sponsor that afternoon. In turn, you may put more and more pressure on your team to speed up – risking cutting corners and delivering a low quality product that is not fit for purpose. Dependency management is important here.

Estimate 335

Estimate Finance Defining Planning 335

ProjectManager.com

JANUARY 26, 2023

They all go through the same cycle, known as the project life cycle, or project management life cycle. If you’re managing projects, you’ll need the right tools to make the process more effective and efficient. If you’re managing projects, you’ll need the right tools to make the process more effective and efficient.

Project Life Cycle 206

Project Life Cycle Monitoring Executing Controlling 206

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 455

Underperforming Technical Team 2009 Controlling Risk Management 455

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. A well-developed budget lays a solid foundation for managing costs and ensures that projects are completed within financial constraints. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

Rebel’s Guide to PM

JANUARY 26, 2022

When a program is failing, you should define the problem and potential solutions, and alert stakeholders at the first sign of trouble, according to LeRoy Ward, Executive VP at ESI. I attended ‘Managing and Saving Programs in a Changing World’, an audio/Webex conference with Ward recently. Bring in technical specialists as required.

Sustainability 195

Sustainability Controlling Executing Estimate 195

ProjectManager.com

APRIL 13, 2022

Projects need management. Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. The project selection process, whether you’re working in project management or portfolio management, ensures you have enough resources to benefit from the investment.

Software Review 293

Software Review Project Life Cycle Manufacturing Executing 293

ProjectManager.com

JULY 4, 2023

First, let’s define what construction reporting is and then explain why construction reports are so important. Construction reporting is the creation of informational documents on everything from project events to stages and processes for monitoring and controlling the project, but also to present to stakeholders and keep them updated.

Construction 251

Construction Software Review Budget Risk Management 251

Rebel’s Guide to PM

SEPTEMBER 29, 2021

What does a business analyst do on a project, and how is that different to the role of the project manager? First, let’s look at the different responsibilities for the roles of business analyst vs project manager on a project. They work with product managers or product owner as well as other stakeholders to do that.

Certification 404

Certification 2020 PMI 2013 404

The IIL Blog

JANUARY 24, 2024

Nielsen, PMP, PgMP, PMI-ACP, CSM I have visited many companies over my 20 plus years of project and program management training and consulting. Time and time again, I see organizations are not dealing with risk appropriately. In this article, let’s look at a few ways we can change from risk managing us to us managing the risk.

Risk 78

Risk Risk Management 2012 PMI 78

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 298

Construction Certification Budget Logistics 298

ProjectManager.com

DECEMBER 19, 2019

Compile the data and present your strategies, goals and options. Stakeholders: Whether they’re clients, vendors, upper management, departmental leaders or other contributors to the project, meet with them. Don’t forget to include a risk management plan. Discern the risks and issues associated with each solution.

Underperforming Technical Team 464

Underperforming Technical Team Project Life Cycle Leadership Initiating 464

Rebel’s Guide to PM

JANUARY 23, 2022

Bullying can be as harmful in the workplace as it is in schools and other areas of society, causing the well understood personal emotional impacts plus a long list of challenges for project manager and their organizations where it is taking place. How does a project manager deal with an organizational culture of bullying in the workplace?

Underperforming Technical Team 195

Underperforming Technical Team Influencer PMI PMO 195

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. Therefore, a proper cost estimation is about finding a fine line in this complex process. What helps make cost estimation simple and efficient? How to estimate project cost .

Project Cost 52

Project Cost Estimate Process Budget 52