The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Definitions Assumptions are things we know we do not know.

Risk Management 88

Risk Management Risk Cadence 2016 88

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. Short Glossary of Project Risk Management.

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

ProjectManager.com

OCTOBER 19, 2022

No one needs to tell you that projects cost money. But how much they’ll cost is an open question. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs.

Estimate 352

Estimate Software Review Budget Project Cost 352

Teamweek

DECEMBER 22, 2023

Parametric estimation is a crucial estimation technique in project management. Parametric estimating is a statistical technique that estimates project costs, durations, and resources. If a project manager can identify the parameters for each activity, they can estimate the duration even more accurately.

Estimate 52

Estimate Software Review Project Cost Risk Management 52

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. Knowledge Areas: Definition What exactly are 'Knowledge Areas'? All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area.

PMI 205

PMI Risk Management Risk Technical Review 205

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. What does it mean to “do” project quality? You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right.

Software Review 332

Software Review Technical Review Budget Defining 332

ProjectManager.com

AUGUST 15, 2023

Project management is all about solving problems before they happen. But even the best planning isn’t going to avoid challenges throughout the project. Let’s look at 15 project management challenges and how to deal with them. Let’s look at 15 project management challenges and how to deal with them.

Estimate 317

Estimate Software Review Monitoring Risk Management 317

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.

Manufacturing 287

Manufacturing Construction Estimate Project Cost 287

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free.

Risk Management 105

Risk Management Risk Planning Technical Review 105

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). A project intake process is beneficial for an organization. We’ll explain why as well as what to look out for when evaluating those project requests. Project management is all about efficiency, after all.

Process 352

Process PMO Software Review Estimate 352

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. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Project Cost 52

Project Cost Estimate Process Budget 52

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. 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.

Initiating 286

Initiating Software Review Prince2 Risk Management 286

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. What Is Construction Cost Management? Get started with ProjectManager today for free.

Construction 306

Construction Estimate Monitoring Budget 306

ProjectManager.com

MARCH 2, 2020

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. In fact, it works throughout the entire life cycle of a project.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? Internal risks. Lack of support.

Risk 320

Risk Technical Review Risk Management Estimate 320

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? Resources are anything you need to complete a project including teams, equipment, raw materials and so on.

Software Review 338

Software Review Estimate Defining Budget 338

Teamweek

SEPTEMBER 7, 2023

Break the project down into tasks: Use a Work Breakdown Structure to make the project more manageable. Estimate a project timeframe: Create time estimates for each task. Similar past projects can help you here as a reference. Calculate project costs: Work out other costs for the project.

Estimate 52

Estimate Web Development Controlling Construction 52

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

Project Life Cycle 364

Project Life Cycle Software Review Infrastructure Risk Management 364

ProjectManager.com

AUGUST 4, 2022

They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. ProjectManager’s Gantt charts help you manage all construction delivery methods. Learn more.

Construction 304

Construction Risk Management Risk Closing 304

ProjectManager.com

JUNE 2, 2022

Projects are designed to deliver a product or a service within a specific timeframe and budget, a process that the project manager oversees. If that person is a product manager , he or she may apply a product breakdown structure (PBS). ProjectManager has Gantt charts that show you the entire project on a timeline.

Prince2 206

Prince2 Risk Management Development Team Review Executing 206

ProjectManager.com

SEPTEMBER 16, 2020

It’s imperative that you calculate what the costs of these things will be as close as possible to get the allocated funds and not go over budget, which could jeopardize the entire project. ProjectManager.com’s Project Budget Template. By so doing, you have given the project a better chance to succeed.

Budget 414

Budget Estimate Risk Management Monitoring 414

ProjectManager.com

APRIL 19, 2023

There’s more than one way to manage a construction project. Along the way, we’ll explain why lean construction can benefit your project and how the right project management software can help you take advantage of lean construction. ProjectManager has Gantt charts to manage your lean construction.

Construction 316

Construction Lean Manufacturing Engineering 316

ProjectManager.com

MAY 12, 2021

Track your project’s time and material usage in real time with ProjectManager.com’s Construction Project Management Software. A time and materials contract is commonly used in construction project management, though it’s also used in product development and other types or projects.

Construction 418

Construction Estimate Executing Monitoring 418

LiquidPlanner

JANUARY 4, 2023

Deadlines are an inevitable part of project work. The definition of a project includes having a defined end. Project schedules should invoke a sense of confidence and calm in a project team. I view a project schedule as a roadmap for success. Maybe in terms of a task or perhaps a phase or the whole project.

Estimate 156

Estimate Risk Management Software Review Critical Chain 156

The Strategic Project Manager

FEBRUARY 21, 2024

Finally, it looks at the impact and application of the Buyer Value Equation framework for developing strategy and managing projects. Cost – The monetary price of the product or service plus any other work, associated costs, or inconveniences incurred by the buyer to acquire or use it.

Underperforming Technical Team 105

Underperforming Technical Team Sustainability Risk Management Influencer 105

iZenBridge

SEPTEMBER 4, 2020

It is an effort to equip project managers with today’s modern project environment. So, now the question is what modern project management is? Based on research by PMI, the following are some highlights to see how project management profession has progressed: 1. Project Manager as a Coach.

2021 52

2021 PMI 2019 Risk Management 52

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

Risk Management 38

Risk Management Risk Technical Review 2002 38

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.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

Resource Guru

JANUARY 17, 2023

As project managers, defining and planning projects is what we do. That means everything starts with creating a project scope. No matter how many times you’ve done similar projects, you can’t afford to ignore the basics. What is scope in project management? What is scope in project management?

Defining 98

Defining Technical Review Software Review Project Life Cycle 98

Herding Cats

MAY 11, 2019

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. reducible and irreducible ? De Meyer, C.

Risk Management 35

Risk Management Risk Technical Review 2002 35

MPUG

APRIL 2, 2020

With accurate estimates, a Risk Reserve, an Estimating Uncertainty Buffer, and appropriate updating, a leveled schedule can provide a realistic and feasible current forecast of the delivery date for products and services, as well as a realistic basis for impact analysis of issues and change-requests. Definitions.

Estimate 105

Estimate 2016 2019 Risk Management 105

MPUG

AUGUST 14, 2023

In pursuit of these objectives, a common challenge arises – sales personnel taking on some project manager responsibilities at the start of a project. While the intent may be to expedite project initiation and meet customer demands, this practice can lead to significant pitfalls that hinder project success.

Underperforming Technical Team 52

Underperforming Technical Team Development Team Review Estimate Closing 52

Wrike

AUGUST 12, 2014

This is the second in a two-part series for our Ultimate Guide to Project Risk. Read Part 1 first: Assessing Risk then return here to continue. Once you’ve completed your risk assessment, you’re ready to create your risk management response plan (using appropriate risk management tools).

Risk Management 34

Risk Management Risk Consulting Monitoring 34

International Institute for Learning

SEPTEMBER 8, 2022

PMI has become and continues to be the leading professional association in project management. The goal of the Metrolina chapter is to advance the mission and objectives of the Project Management Institute. Do you project an image of being part of the problem or part of the solution? Steven McGee.

Underperforming Technical Team 88

Underperforming Technical Team 2022 PMI Project Life Cycle 88

ProProfs Project Management

JANUARY 21, 2020

Project managers , who have just begun working on a project, may find it really stressful and time-consuming to manage multiple tasks, especially if they don’t know the basics. . Imagine you get a promotion as a project manager and are now solely responsible for various management tasks. Assumption.

Underperforming Technical Team 111

Underperforming Technical Team Estimate Risk Management Defining 111