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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

When it comes to budgeting, hard costs are easier to estimate. Hard Costs in Construction Examples. As you can imagine, these intangible costs will prove far more difficult for you to estimate as you build a budget for your project. A construction estimate template can help. Soft Costs in Construction Examples.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

This is a tool used more often by public entities such as local governments for major public expenditures. The capital improvement plan is used to coordinate between community planning and fiscal management to determine the location, timing and financing of the capital improvement. Related: Free Estimate Template for Excel.

Planning 326
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Assign work to your team members, manage resources, estimate costs, automate workflows and much more. For example, the kanban method doesn’t require you to have a specific team structure or hold meetings. For example, an outdated kanban board creates problems in the development process of your project.

SCRUM 412
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How to Create a Project Assumptions List: Examples and Template Included

Project Bliss

Different types of project assumptions – including examples. In your day-to-day life, for example, you start each day with assumptions about what will be true: You assume you need a certain amount of time to get ready for and get to work each day. This is an extreme example (but true). Examples of Project Assumptions.

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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

” This doesn’t mean every project or program manager needs to be an accounting whiz but having a handle on project finances is indeed a make or break, “You have to try to keep within your numbers to deliver successfully,” Sol adds. 5 Tips for Managing a Project Budget. Sol says he doesn’t get a blank cheque for any project.

Budget 359
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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Some examples of internal risk are: 1. External risk examples: 4. Monitoring the project’s finances and cost throughout the project lifecycle is a key responsibility. For example, a supplier may not be able to source materials and a delivery will be late. Poor estimating. Sometimes the estimates are just rubbish.

Risk 319
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Lessons Learned in Project Management

Rebel’s Guide to PM

Here are some examples of lessons learned on my projects: We should engage Finance earlier so leasing arrangements can be made in a timely fashion. Our lessons learned repository is a Sharepoint site, for example. And the Government Accountability Office does the same function in the USA. So what can you do differently?

PMO 320