article thumbnail

7 Tips on Reducing Project Costs

Epicflow Blog

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.

article thumbnail

8 Tips on Reducing Project Costs

Epicflow Blog

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Should You Include in Your Preconstruction Meeting Agenda?

ProjectManager.com

It’s also when the project schedule and budget are reviewed with the parties involved in the coming construction project. Construction projects , as noted, are made of many distinct teams of contractors and subcontractors who are responsible for a specific piece of the larger whole.

article thumbnail

How to Actually Develop a Project Management Plan

Project Risk Coach

Proper Planning Prevents Poor Performance. If this is true, why is it that some project managers put so little time in developing a project management plan? One of the reasons is that project managers may not know what to include. Engage your team members in developing the plans.

article thumbnail

Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. It’s essential to keep projects successful for any organization to thrive.

article thumbnail

Henry Gantt’s Biography & Role in Gantt Chart History

ProjectManager.com

He’s best remembered for the tool that bears his name and his works in the development of what’s called scientific management. While Gantt charts are named after Henry Gantt, the first Gantt chart was developed by Karol Adamiecki, a Polish engineer, in the mid-1890s. That changed with the move to Gantt chart software.

article thumbnail

What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. How do you go about creating a capital improvement plan document? Are there benefits to developing a capital improvement plan? Can project management software facilitate this work?

Planning 331