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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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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 348
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What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed. What Is a Preconstruction Meeting?

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Cost Estimation for Projects: How to Estimate Accurately

ProjectManager.com

Good cost estimation is essential for keeping a project under budget. Many costs can appear over the life cycle of a project, and an accurate estimation method can be the difference between a successful plan and a failed one. Estimation, however, is easier said than done. An Overview of Cost Estimation. Excluded costs.

Estimate 313
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Create & Manage a Project Budget Using Software

ProjectManager.com

Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. All of those moving parts and fluctuating costs can be better tracked with an online project management software like ProjectManager. Why Should You Use Project Budgeting Software? Learn More!

Budget 313
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How to Create a Strategic Roadmap for Your Organization

ProjectManager.com

This strategy roadmap is used to show where the organization is, where it wants to go and how it plans to get there. But the strategic goals and the timeline in which to achieve them can change, which means this communication tool must be constantly reviewed and revised. As noted above, this strategy roadmap is not etched in stone.

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Episode 195 – Estimate This: Managing Project Estimation

Velociteach

We are taking a fresh look at project estimation. Topics include the estimation obstacles project managers commonly face, key factors essential for accurate projections, the impact of organizational culture, implementing cost management strategies, and navigating the risks of underestimating or overestimating project estimates.