article thumbnail

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.

Estimate 314
article thumbnail

How to Make a Construction Phase Plan (Templates Included)

ProjectManager.com

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan? Learn more.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to do Rolling Wave Planning

Rebel’s Guide to PM

Rolling wave planning, also known as progressive elaboration, is an iterative planning technique to use when it’s difficult (or pointless) to schedule too far ahead. The APM Planning, Scheduling, Monitoring and Control Guide (2015) defines rolling wave planning as ‘the planning density that is achieved at different moments in time.

Planning 406
article thumbnail

What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. 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. But what exactly is a capital improvement plan? What Is a Capital Improvement Plan?

Planning 333
article thumbnail

Understand Digital Debt, Form a Team, Set Goals, and Plan Roadmap for Transformation

Develop a roadmap for transformation with defined projects, cost estimates, and governance. Strategic planning ensures successful outcomes. Define future digital vision with measurable goals. Refine hypotheses and conduct market analysis.

article thumbnail

How to Build and Implement a Project Strategy

ProjectManager.com

Project strategy is the plan that defines a project, which is why project management strategy is so important. Project strategy is made up of your plan and the tools that are used to complete the project. It also streamlines project planning, which increases efficiency as you work on new projects and don’t have to start at square one.

Budget 370
article thumbnail

10 Key Construction Job Titles: Overview & Salary

ProjectManager.com

10 Key Construction Job Titles As we mentioned, it takes a lot of professionals to plan, manage and complete a construction project. ProjectManager is award-winning project management software that helps you plan, manage and track construction projects in real time. Construction roles are very rewarding.