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Project Documentation: 10 Essential Project Documents

ProjectManager.com

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? What Is Project Documentation?

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How to Create a Project Initiation Document (Template Included)

ProjectManager.com

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. What Is a Project Initiation Document (PID)?

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12 Free Project Planning Templates for Excel and Word

ProjectManager.com

Without a plan, projects are in trouble. 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. Why Use Project Planning Templates? Get started with ProjectManager today for free.

Planning 375
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Parametric Estimating In Project Management

ProjectManager.com

Every project, regardless of the industry, uses a methodology to estimate time and cost to better plan projects. In the life sciences, engineering and construction industries, the method often used is called parametric estimating. Parametric estimating is often used as it’s reliable. What Is Parametric Estimating?

Estimate 320
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Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

Rebel’s Guide to PM

We start with the 5 easy steps to plan and write your budget proposal. A proposal budget aims to convince the evaluator who reads your proposal that you have a solid grasp of your plan and that you are worthy of being trusted with funding. Not only that: you need to estimate who will do the work. I’ll show you how.

Budget 320
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Rough Order of Magnitude (ROM): Understanding ROM Estimates

ProjectManager.com

Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates? We’ll explain the process, define the term and detail the steps for making a rough order of magnitude estimate. As noted, the rough order of magnitude is a technique to estimate project costs.

Estimate 359
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Making a Construction Estimate: 5 Tips for Better Outcomes

ProjectManager.com

It requires a construction estimate to ensure the most accurate findings. Create accurate estimates and keep your project under budget with ProjectManager.com’s Gantt charts. What Is a Construction Estimate? A construction estimate is used to forecast how much it will cost to build the structure in your project plan.