Project Management Update

Capacity Management in Business Operations

ProjectManager.com

MAY 8, 2024

To understand capacity management, we’ll first fully define the term, list the different types and explain why it’s so important in operations management. Businesses have a finite amount of resources and capacity management is working to get the most out of their workforce, production, etc.

Manufacturing

Manufacturing Software Review Monitoring Budget

Implementing AI in your projects: how to start and improve

Rebel’s Guide to PM

NOVEMBER 16, 2023

If you are like many project professionals, you have likely worked with artificial intelligence (AI) in some capacity. The need is clear: project professionals must start (or continue) adopting AI tools – and GenAI tools in particular – into their daily work.

ChatGPT

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Tracking Budget Variance in Project Management

ProjectManager.com

MAY 9, 2024

There’s a section explaining the importance of tracking budget variance in project management and different project aspects to consider when tracking budget variance. Variance is a measure of how data points differ from the mean. This helps make more informed decisions about further costs in the project.

Budget

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Webinars

The Project Clinic: Assessing Project Health, Planning, and Execution

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

JANUARY 31, 2024

Making sure your daily operations are working towards achieving those strategic goals and that they’re clearly communicated throughout the business or organization greatly improves by using a balanced scorecard. A balanced scorecard is a strategic management performance metric. What Is a Balanced Scorecard?

Performance Measurement

Performance Measurement Governance Government Initiating

Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

NOVEMBER 28, 2023

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project.

Process

Process Executing Controlling Defining

Project Performance Reporting: Key Performance Reports

ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. What Is Project Performance?

Performance Measurement

Performance Measurement Risk Management Budget Monitoring

Cost Performance Index (CPI) In Project Management

ProjectManager.com

NOVEMBER 7, 2023

That’s where the cost performance index comes in. We’ll discuss what the cost performance index does and how it does it below. We’ll share the formula for calculating the cost performance index in project management and even provide an example to better illustrate how it works. Project costs can vary.

Project Cost

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Top Project Metrics You Need to Track

ProjectManager.com

SEPTEMBER 28, 2023

To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are data pulled from the performance of the project. They are data sets, formulas and calculations that provide measurements to chart progress, success and much more.

Budget

Budget Risk Management Software PMI

IT Financial Management (ITFM) Best Practices

ProjectManager.com

NOVEMBER 29, 2023

Information technology (IT) has found its way into almost every aspect of our lives, both professionally and personally. What we might take for granted actually involves a great deal of work and investment. Chief Information Officer The chief information officer (CIO) manages all aspects of the delivery of IT activities.

Infrastructure

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Organizational Process Assets: What does that even mean?

Rebel’s Guide to PM

MAY 7, 2023

Organizational Process Assets (OPAs) are the collective knowledge, experience, and information that an organization has accumulated over time. Organizational Process Assets do not include infrastructure or the software tools used to manage the data. It’s just the data itself, the ‘knowledge,’ that counts. What is not an OPA?

Process

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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

MAY 16, 2024

To better position a business to be prepared to respond to the unknown, learn what scenario planning is and what the different types of scenario planning are. However, scenario planning works by identifying a specific set of uncertainties, different potential outcomes, and using the set of assumptions to help guide the organization.

Planning

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Order Processing: Steps, Example & Software

ProjectManager.com

APRIL 24, 2024

While order processing seems to work fast and without issue, a lot is going on in the background to ensure the seamless management of placement, picking, sorting, packing and shipping. This process includes verifying customer information, authoring payment, preparing goods for shipment and tracking the order once it has been shipped.

Process

Process Software Manufacturing Logistics

Enterprise Project Management: Benefits, Challenges & Tools

ProjectManager.com

JANUARY 3, 2024

Unlike project management, which focuses on one project at a time with narrowly defined goals, enterprise project management works towards uniform strategies and processes with the goals of efficiency and alignment of all the projects to work collectively towards the organization’s business goals. What Is an Enterprise Project Manager?

Software Review

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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

MARCH 7, 2024

Learn more Use our roadmap to tie your strategy to the work that must be completed to achieve your goals. You can group and organize your various projects, manage resources and generate reports to get valuable insights on your progress and performance. Product: Helps to develop the product or service, working to create efficiencies.

Underperforming Technical Team

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What Is a Service-Level Agreement? (Example & Templates Included)

ProjectManager.com

NOVEMBER 17, 2023

First, let’s explore the definition of an SLA in greater detail, including the different types of service agreements and why they’re so important. Get started with ProjectManager today for free Types of Service Level Agreements There are three different types of service level agreements: customer, internal and multi-level.

Software Review

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Business Project Management Basics

ProjectManager.com

SEPTEMBER 14, 2023

The word project, however, can mean different things depending on the industry in which the business is involved. While business project management differs from project management in terms of the projects it manages, the similarities are more than the differences. Most must have a bachelor’s degree, at least, in a related field.

Software Review

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Asana vs. Monday: In-Depth Software Comparison

ProjectManager.com

FEBRUARY 1, 2024

ProjectManager is award-winning project management software with workflow automation and task approvals to keep up the quality of your outputs, and it has project tracking for cost, time and resources, all with real-time data so you can make more insightful decisions. Asana has something called My Tasks to plan your work. Fair enough.

Software Review

Software Review Software 2024 2008

What Is a Sales Order? (Example & Template Included)

ProjectManager.com

APRIL 17, 2024

To distinguish between other transactional documents, we’ll define a sales invoice and purchase order and how they differ from sales orders. It takes the information from the purchase order that the customer makes and formats it for the seller. Sales orders also have information that dictates the specifications of the transaction.

Manufacturing

Manufacturing Software Review Monitoring Defining

Performance Reporting for Projects: A Quick Guide

ProjectManager.com

NOVEMBER 11, 2021

For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. What Is Performance Reporting? Five-year vision.

Software Review

Software Review Underperforming Technical Team Monitoring Executing

10 Best Procore Alternatives of 2024 (Free + Paid)

ProjectManager.com

DECEMBER 12, 2023

Worse, all those features add to the complexity of the software as there are countless pricing plans and different offerings. Projects can also be archived to help with historical data when planning future projects. There is also a portfolio dashboard that can track progress and performance across many projects.

2024

2024 Construction Software Review Technical Review

Construction Reporting: Types of Construction Reports

ProjectManager.com

JULY 4, 2023

All projects use reporting to monitor progress and performance, but in construction reporting is especially important. After that, we’ll list and detail a number of different types of construction reporting to give you a full picture. The information of the construction report should stay on topic. Learn more.

Construction

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

APRIL 19, 2024

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. ProjectManager’s kanban boards offer advanced planning, scheduling and tracking features to help you manage your team’s workload and track their performance. Get started for free today.

SCRUM

SCRUM Manufacturing 2001 Agile

Warehouse Optimization: Importance, Benefits & Tips

ProjectManager.com

MAY 2, 2024

They’re also a place of work where orders are received, picked, packed and shipped to customers. Flexible work areas can be modified according to requirements, such as during the seasonal rush. Warehouse Storage Optimization Different but related to warehouse layout optimization is warehouse storage optimization.

Logistics

Logistics Transportation Monitoring Controlling

Trello vs. Asana: Side-by-Side Comparison

ProjectManager.com

FEBRUARY 29, 2024

Asana, on the other hand, is a simple-to-use work management tool. Both are popular work and project management software products, but only one will come out on top. It allows teams to manage different types of projects, workflows and task tracking. It allows them to visualize that work in different ways.

Software Review

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Operational Efficiency: A Quick Guide

ProjectManager.com

AUGUST 31, 2022

Operational efficiency is another way to look at work when you’re delivering a service or product, particularly popular in manufacturing. This is executed by streamlining operations to work more cost-effectively. Regarding distribution, efficiently handling end products such as routing and delivery can make a big difference.

Manufacturing

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How to Manage Your Project Pipeline With Software

ProjectManager.com

JANUARY 16, 2024

It provides an overview of all those projects and thus allows the PMO, program or portfolio manager to make more informed decisions in terms of managing the various projects. Work Intake and Project Proposal Review Next, you take the viable ideas and pass them by your clients or stakeholders so they can review them and give you feedback.

Software Review

Software Review Software PMO Monitoring

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

MARCH 18, 2021

In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. Artifacts are categorized in the PMBOK® Guide – 7 th edition into 9 different types and that’s what this article is going to look at. The article will be updated in due course.

Logistics

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What Is Program Governance? Importance & Benefits

ProjectManager.com

DECEMBER 26, 2023

For a program governance framework to work, it must be repeatable and structure activities, such as communication, monitoring and more. Describes the Process an Organization Follows for Planning, Executing and Tracking Programs Program governance is supported by structure, people and information. What Is a Program Governance Plan?

Governance

Governance Government Monitoring Risk Management

Creating a Request for Quote (RFQ) for Procurement

ProjectManager.com

MARCH 19, 2024

A request for quotation differs from a request for proposal or request for information. Request for Proposal (RFP) While a request for quote looks to secure products or services at a cost that complies with the budget of a project, it differs from other requests. We’ll show you why and when you need to use an RFQ.

Manufacturing

Manufacturing Construction Transportation Budget

What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

AUGUST 27, 2021

This is accomplished by analyzing a company’s sales, customer trends, historical sales and seasonal data. ProjectManager is a cloud-based software that delivers real-time data to help you make more insightful demand management decisions. Define Internal Data: Find agreement on which sales data, inventory turnover, lead times, etc.,

Planning

Planning Software Review Artificial Inteligence Underperforming Technical Team

Smart glasses: The future of work productivity?

Rebel’s Guide to PM

NOVEMBER 25, 2023

If you don’t personally have a smartwatch, I bet you know someone who wears one to work. For project managers , in particular, smart glasses have the potential to change the way you juggle tasks, access and visualize data, and communicate with teammates and stakeholders. Could we soon be seeing smart glasses in the office?

Artificial Inteligence

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57 AI in Project Management Statistics

Rebel’s Guide to PM

MARCH 14, 2024

Recent advancements in tech have changed how project managers work in 2024. That means removing the busywork of project management like data collection, status reporting and tracking – which I think is a good thing. There are more data and analytics projects being kicked off in 2024 than previous years, with 77.6%

Artificial Inteligence

Artificial Inteligence Technical Review 2028 2024

Discrete Manufacturing: Definition, Benefits and Examples

ProjectManager.com

AUGUST 30, 2023

From working with hands to using machinery, the advances in manufacturing aren’t isolated to tools but also methods. What is discrete manufacturing and how does it differ from process and other manufacturing methods? Each process can be started or stopped and run at different production rates. Here are just a few examples.

Manufacturing

Manufacturing Aerospace Monitoring Controlling

What Is a Project Deliverable? Definition, Examples & More

ProjectManager.com

NOVEMBER 23, 2020

That being what you put into the project, such as data, resources, etc., Other types of project reports which show how work is proceeding versus project plan estimations. Different stakeholders have different needs, so flexibility and customization is import for effective reporting.

Project Life Cycle

Project Life Cycle Executing Risk Management Initiating

Manufacturing Engineer Job Description

ProjectManager.com

SEPTEMBER 26, 2023

After defining what manufacturing engineering is, we’ll look at the professionals who work in that discipline, the manufacturing engineers. To achieve the goals of manufacturing engineering, different facilities and systems must be integrated to deliver quality products without spending too much. What Is Manufacturing Engineering?

Manufacturing

Manufacturing Engineering Technical Review Software Review

Organizational Resources Basics: Managing Company Resources

ProjectManager.com

DECEMBER 29, 2023

They include funding, staffing, facilities and equipment, technology, informational resources and program and portfolio materials. Examples of Organizational Resources in Different Industries Organizational resources span many different industries. To manage organizational resources well you need project management software.

Manufacturing

Manufacturing Monitoring Finance Construction

Site Engineer Job Description (Free Copy & Paste Example)

ProjectManager.com

OCTOBER 11, 2023

Construction sites are a complex orchestration of many different skills executed by many different subcontractors. They all have to work together and a site engineer is one of the professionals who’s responsible for that smooth operation. They’re on the job site daily regardless of the weather.

Engineering

Engineering Construction Sustainability Technical Support

What Is a Project Owner? Roles & Responsibilities

ProjectManager.com

OCTOBER 4, 2023

The project owner is a leader who works with the project manager closely to drive the project to a successful conclusion. However, there’s a difference and we’ll get to that later. ProjectManager is award-winning software that gives project owners real-time data on the project to help them steer it to a successful end.

Closing

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How to Be a Project Management Consultant

ProjectManager.com

JULY 20, 2023

They can assist with distributing resources, analyzing data to identify issues before they arise in the project, creating project plans, roadmaps and more. The organization might want to resolve a specific question, there could be a leadership void, operations or performance are lacking and so on. What Is Project Management Consulting?

Consulting

Consulting Certification PMI Technical Review

Project Artifacts and How to Use Them

Rebel’s Guide to PM

JULY 20, 2023

Mostly, the term refers to the project documentation you produce that defines and supports the work you are doing. In all cases, artifacts relate to the work of managing the project , not the thing you are creating as the output of the project. For example: a project management artifact is the project closure document.

Logistics

Logistics Artificial Inteligence PMI Performance Measurement

Best Cost Control Techniques

ProjectManager.com

OCTOBER 5, 2023

Cost control is a practice performed across businesses in most industries. Cost control works by identifying and reducing expenses to increase the profitability of the company. Comparing costs is but one way to analyze the financial performance of an organization or project. What Is Cost Control? Seek it out.

Controlling

Controlling Manufacturing Construction Underperforming Technical Team

What Is Supplier Relationship Management (SRM)?

ProjectManager.com

DECEMBER 15, 2021

Supplier relationship management (SRM) is a way to manage work with vendors who supply goods, materials and/or services to a manufacturer. It involves evaluating each of those relationships and figuring out how to improve their performance. Each of these supplier groups will have to be managed differently. Learn More!

Manufacturing

Manufacturing Software Review Innovation Underperforming Technical Team

How to Make a Maintenance Schedule (Template Included)

ProjectManager.com

APRIL 5, 2024

It keeps equipment in optimal working condition, which leads to more efficiency and quality and keeps work on time and within budget. A maintenance schedule is the process by which maintenance departments plan, organize and coordinate the activities involved in equipment maintenance to make sure that everything is working properly.

Manufacturing

Manufacturing Construction Software Review Healthcare

A Quick Guide to Value Engineering for Projects

ProjectManager.com

AUGUST 11, 2022

But what is value engineering, how do you implement it and is it different across industries? The way a business determines the value of an item as it works on value engineering is by finding the most cost-effective way of producing it without neglecting or diminishing its purpose. Information Phase. What Is Value Engineering?

Engineering

Engineering Construction Manufacturing Software Review

Capacity Management in Business Operations

Implementing AI in your projects: how to start and improve

Webinars

Trending Sources

Tracking Budget Variance in Project Management

Webinars

What Is a Balanced Scorecard? (Example & Template Included)

Organizational Process Assets: Definitions, Examples & Templates

Project Performance Reporting: Key Performance Reports

Cost Performance Index (CPI) In Project Management

Top Project Metrics You Need to Track

IT Financial Management (ITFM) Best Practices

Organizational Process Assets: What does that even mean?

Importance of Scenario Planning and Analysis in Business

Order Processing: Steps, Example & Software

Enterprise Project Management: Benefits, Challenges & Tools

What Is Organizational Strategy in Business? (Examples Included)

What Is a Service-Level Agreement? (Example & Templates Included)

Business Project Management Basics

Asana vs. Monday: In-Depth Software Comparison

What Is a Sales Order? (Example & Template Included)

Performance Reporting for Projects: A Quick Guide

10 Best Procore Alternatives of 2024 (Free + Paid)

Construction Reporting: Types of Construction Reports

Kanban vs. Scrum: What’s the Difference?

Warehouse Optimization: Importance, Benefits & Tips

Trello vs. Asana: Side-by-Side Comparison

Operational Efficiency: A Quick Guide

How to Manage Your Project Pipeline With Software

9 Types of Artifacts in Project Management

What Is Program Governance? Importance & Benefits

Creating a Request for Quote (RFQ) for Procurement

What Is Demand Planning? Tips, Strategies and Tools

Smart glasses: The future of work productivity?

57 AI in Project Management Statistics

Discrete Manufacturing: Definition, Benefits and Examples

What Is a Project Deliverable? Definition, Examples & More

Manufacturing Engineer Job Description

Organizational Resources Basics: Managing Company Resources

Site Engineer Job Description (Free Copy & Paste Example)

What Is a Project Owner? Roles & Responsibilities

How to Be a Project Management Consultant

Project Artifacts and How to Use Them

Best Cost Control Techniques

What Is Supplier Relationship Management (SRM)?

How to Make a Maintenance Schedule (Template Included)

A Quick Guide to Value Engineering for Projects

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