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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.

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban is from Japan, originating in the factories of the Toyota car company in the 60s as a lean manufacturing tool for workflow and inventory management. Assign work to your team members, manage resources, estimate costs, automate workflows and much more. Both methodologies use boards as a visual tool to manage work.

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10 Best Procore Alternatives of 2024 (Free + Paid)

ProjectManager.com

Expensive subscription: Procore is an expensive tool and has been increasing its subscription prices regularly, making it unaffordable for many construction companies, especially if you’re a smaller company. It’s especially useful for scheduling and has cost-estimating features. Procore falls short in many ways.

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10 Key Construction Job Titles: Overview & Salary

ProjectManager.com

Whichever of these construction job titles you’re looking to fill, you’ll need to give the right candidate the right tools so they can excel at their job. Construction Estimator As the name implies, a construction estimator is the professional responsible for forecasting the cost of a construction project.

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What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

Lean portfolio management is a process by which strategy is aligned with execution using a lean approach and agile portfolio operations and governance. We have lean portfolio management tools such as a live portfolio dashboard that captures six metrics across the portfolio to get a high-level view of performance and progress.

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AI in Project Management: An Interview with Lloyd Skinner

Rebel’s Guide to PM

I caught up with Lloyd Skinner, CEO at Greyfly , a consultancy specializing in improving project outcomes through the application of AI tools and experienced professionals, to talk about how AI is changing the way we lead projects. And that means convincing management that it’s worth starting to use the tools.

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How to Build and Implement a Project Strategy

ProjectManager.com

Project strategy is made up of your plan and the tools that are used to complete the project. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals. What Is Project Strategy? This will inform your schedule and budget.

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