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Agency capacity planning: 11 steps to better margins

Resource Guru

When resources are allocated optimally, projects can progress smoothly, reducing delays and rework. Improved profitability Efficient capacity planning can improve profitability by reducing resource waste and cost overruns. Plus, it’ll help you better estimate project costs and allocate resources effectively to maximize margins.

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Flat Rate vs. Hourly: A Guide For Agencies

Teamweek

For example, a web development agency charges $8000 for a website. This is typically done based on calculating how long it will take to complete the project in hours and then multiplying that by your hourly rate. Top tip: Hourly billing can also be harder to sell. Let’s dive in! What is a flat rate? Scenario #1.

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Resource Forecasting Guide for Project Managers

Rebel’s Guide to PM

Suppose a project manager has an upcoming project for website development and design. The project has a defined timeline of six months, and the resources involved are developers, testers, UI/UX designers, analysts, etc. The first step is to clearly define the project requirements.

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What is a Statement of Work? A Guide for Project Managers

Teamweek

Example: The goal of this project is to build an e-commerce website for Grisport Walking boots so they they can sell their products online. We aim to accomplish this with our website development team by October 2023. Need help on estimate project costs? Your statement of work document can prevent that.

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The Beginner’s Guide to Using Project Planning Software

Paymo App

When was the last time you got lost in your project work because you didn’t plan ahead? To increase your chances of success, you need a defined plan. A project plan’s typical structure (can vary slightly from one project to another) includes the following activities: Establishing the project’s title.