nTask

MARCH 2, 2022

Unexpected costs, events, and miscalculations can take your project down the hill in no time. This is where project cost management jumps in. Cost management helps you to mitigate the risk of any surprise costs and budget constraints. What is Project Cost Management?

Project Cost 88

Project Cost Underperforming Technical Team Estimate Budget 88

Epicflow Blog

AUGUST 31, 2021

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.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

Epicflow Blog

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Project Cost 52

Project Cost Estimate Process Budget 52

ProjectManager.com

APRIL 19, 2024

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

SCRUM 411

SCRUM Manufacturing 2001 Agile 411

ProjectManager.com

JANUARY 23, 2024

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.

Underperforming Technical Team 330

Underperforming Technical Team Risk Management Software Review Budget 330

ProjectManager.com

JUNE 28, 2023

Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. What Is Project Monitoring and Control?

Monitoring 287

Monitoring Controlling Software Review Risk Management 287

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. A large project (or a small one) starts with the small stuff and builds to something bigger and more complex. 10 Simple Steps to Start a Project Projects can seem complicated and they certainly can be.

Estimate 267

Estimate Budget Defining Risk Management 267

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. Procore falls short in many ways.

2024 357

2024 Construction Software Review Technical Review 357

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job.

Certification 353

Certification Leadership Risk Management Budget 353

Rebel’s Guide to PM

FEBRUARY 5, 2024

If you are planning a budget for a project proposal i.e. pitching to someone else for them to secure your services to deliver a piece of work, then read this article about preparing a budget for a proposal. What is included in a project budget? I find this helps me establish what’s in the project budget and what isn’t.

Budget 305

Budget Project Cost Estimate Finance 305

ProjectManager.com

SEPTEMBER 2, 2021

Most projects have stakeholders that expect a return on their investment. For that to happen, the project must meet its deadline and stay within budget. To create a project budget, you first need to create a cost baseline so you can compare planned spend to actual spend. Try ProjectManager free today! Learn More!

Estimate 308

Estimate Software Review Budget Project Cost 308

ProjectManager.com

MAY 30, 2023

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. We’ll go further, explaining how to estimate general condition costs and how general conditions compare to construction specifications and general requirements. We’ll get to that later.

Construction 255

Construction Infrastructure Estimate Defining 255

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? Internal risks. Lack of support.

Risk 319

Risk Technical Review Risk Management Estimate 319

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free.

Risk Management 105

Risk Management Risk Planning Technical Review 105

ProjectManager.com

APRIL 26, 2023

Then we’ll go a step further by offering free templates and software that can help with construction project management. Construction specifications are the products, materials and work that are defined in a construction contract between a construction owner and the construction manager hired to deliver the project.

Construction 280

Construction Software Review Estimate Executing 280

ProjectManager.com

FEBRUARY 3, 2022

But there are a lot of elements to any successful project charter. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. We’ve included a free project template charter to help as an example of what a project charter should include.

Risk Management 510

Risk Management Budget Defining Software Review 510

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. What Is a Project? What Is Project Management?

Project Life Cycle 399

Project Life Cycle Software Review Monitoring Budget 399

Teamweek

APRIL 19, 2024

Project managers often struggle to calculate project ROI and communicate a project’s financial value to stakeholders as they might not have the right tools or processes to do so. This guide has everything you need to start calculating the ROI of your projects, avoid scope creep, and improve project efficiency.

Underperforming Technical Team 59

Underperforming Technical Team Estimate Risk Management Project Cost 59

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. A well-developed budget lays a solid foundation for managing costs and ensures that projects are completed within financial constraints.

Construction 36

Construction Estimate Budget Technical Review 36

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects.

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups.

Initiating 279

Initiating Software Review Prince2 Risk Management 279

ProjectManager.com

SEPTEMBER 21, 2022

As projects are all about the bottom line, you can imagine the importance of project profitability in project management. Being able to determine beforehand whether a project will turn a profit is how organizations can decide which projects to initiate and which ones to skip. Project Profitability Analysis.

Initiating 307

Initiating Project Cost Estimate Software 307

ProjectManager.com

NOVEMBER 23, 2023

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

Budget 340

Budget Technical Review Software Review Executing 340

ProjectManager.com

NOVEMBER 19, 2021

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups.

Process 306

Process Monitoring Controlling Software Review 306

Rebel’s Guide to PM

SEPTEMBER 22, 2021

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. He started his career as an auditor in London, trained with E&Y where he qualified as an accountant, and then moved into consulting for retail and investment banking for a wide range of projects and clients.

Budget 359

Budget 2015 Retail Governance 359

ProjectManager.com

APRIL 29, 2022

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?

Project Life Cycle 358

Project Life Cycle Software Review Infrastructure Risk Management 358

ProjectManager.com

MAY 26, 2021

For example, a fixed-price contract is only viable for the contractor when they are able to very accurately forecast how much the project will cost. If there are too many variables and unknowns, then setting an arbitrary cost for the work can be too high or too low. It’s too much of a risk to take.

Risk Management 324

Risk Management Budget Risk Defining 324

ProjectManager.com

JULY 5, 2018

One of the biggest challenges of every project manager is project constraints. They limit a project, and they can quickly endanger your project’s success. Hence, it’s important to know all possible constraints, their influences on each other and the project management tools that address those constraints.

Technical Review 362

Technical Review Sustainability Software Review Risk Management 362

Wrike

OCTOBER 19, 2020

Project estimation techniques help project managers accurately estimate essential elements, such as cost and scope , within their projects. These estimation techniques allow PMs to provide better forecasts to clients and more accurately budget the funds and resources they need for project success. .

Estimate 45

Estimate Risk Management Project Cost Risk 45

ProjectManager.com

OCTOBER 18, 2022

In order to accomplish those goals and meet a tight deadline and an even tighter budget, you need these 10 free manufacturing Excel templates. A production schedule template is an essential part of your supply chain management. Gantt charts have been essential project management tools for over a century.

Manufacturing 319

Manufacturing Software Review Risk Management Underperforming Technical Team 319

ProjectManager.com

APRIL 19, 2023

There’s more than one way to manage a construction project. Along the way, we’ll explain why lean construction can benefit your project and how the right project management software can help you take advantage of lean construction. ProjectManager has Gantt charts to manage your lean construction.

Construction 310

Construction Lean Manufacturing Engineering 310

ProjectManager.com

AUGUST 4, 2022

They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. ProjectManager’s Gantt charts help you manage all construction delivery methods. Learn more.

Construction 297

Construction Risk Management Risk Closing 297

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. What does it mean to “do” project quality? You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right.

Software Review 330

Software Review Technical Review Budget Defining 330

Teamweek

AUGUST 25, 2023

To help you avoid this, we’ve created this guide with tips and best practices for how you can create a solid project baseline that sets your project up for success. What is a project baseline in project management? A project baseline in project management is a clearly defined starting point for your project.

Estimate 98

Estimate Software Review Monitoring Project Cost 98

ProjectManager.com

AUGUST 10, 2022

A successful project starts with a successful estimate. To properly schedule the work to execute your project, you need to know the timeline, costs, scope, risk and more. All of these considerations are part of project estimation techniques. What Are Project Estimation Techniques?

Estimate 346

Estimate Software Review Risk Management Risk 346

Project Pulse Journal

MAY 8, 2024

By: Hajime Estanislao, PMP, CSM Have you ever wondered how top project managers deliver complex projects on time, even when unexpected changes and challenges arise? Project scheduling is more than just plotting tasks on a calendar. What is Project Scheduling and Scope Creep?

Technical Review 52

Technical Review Software Review 2024 Estimate 52

Teamweek

FEBRUARY 2, 2023

We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. Before you know it, you’re mid-project and starting to feel the heat. Source Most projects “fail” for similar reasons. The most common types of risks can be filed under the label: “$#!%

Risk 95

Risk Estimate Risk Management ChatGPT 95