ProjectManager.com

JULY 5, 2023

That’s why construction cost management is so important. Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better.

Construction 306

Construction Estimate Monitoring Budget 306

Rebel’s Guide to PM

APRIL 5, 2024

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. How many knowledge areas are there in project management?

PMI 205

PMI Risk Management Risk Technical Review 205

ProjectManager.com

DECEMBER 6, 2023

Strategic project management understands this. If you haven’t heard the term before, we’ll begin with a definition of strategic project management and explain how strategic projects differ from operational projects. What Is Strategic Project Management? Allocate resources, track time and manage tasks all from one screen.

Planning 398

Planning PMO Manufacturing Logistics 398

ProjectManager.com

JANUARY 17, 2022

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint.

Budget 502

Budget Estimate Controlling Risk Management 502

Teamweek

DECEMBER 15, 2022

Effective project monitoring helps keep the moving parts of a project flowing. But maintaining one eye on the broader picture is challenging for even the most experienced project managers. In this guide, you’ll learn what project monitoring is, the three key constraints, and how to monitor them effectively.

Monitoring 52

Monitoring Estimate Budget Software Review 52

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 347

Budget Technical Review Software Review Executing 347

ProjectManager.com

MARCH 2, 2020

Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. Cost estimates. Risk management. General oversight.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

MPUG

MAY 17, 2021

Imagine you are managing a large project, which is strategically important and complex. At the outset, you realize there will be a number of risks, which if not managed well, could paralyze the outcome and have negative impacts on the project objectives. Will a software tool for only project management meet your needs?

Risk Management 101

Risk Management Risk 2019 Monitoring 101

ProjectManager.com

FEBRUARY 3, 2022

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. The charter also identifies the main stakeholders and defines the authority of the project manager. Follow our quick guide to writing and executing your project management charter below.

Risk Management 510

Risk Management Budget Defining Software Review 510

ProjectManager.com

NOVEMBER 22, 2022

An event budget is the estimated costs associated with putting on an event. Prices for things change and there’s an inherent risk in putting together an event that can impact your budget. Creating and managing a budget is one of the most important parts of delivering a successful event. Estimate Fixed & Variable Costs.

Budget 332

Budget Transportation Estimate Risk Management 332

ProjectManager.com

JULY 11, 2023

Finally, we’ll show you how to manage a business budget to keep your business viable. One of the main objectives of a business budget is to identify the business’ available funds and estimate how much will be spent over a period of time. What Is a Business Budget? There’s no setup required.

Budget 279

Budget Software Review Estimate Risk Management 279

ProjectManager.com

NOVEMBER 2, 2022

However, in project management, project assumptions are essential for planning a project. Let’s take a look at how project assumptions are defined in project management and why they’re so important. Then we’ll learn about a project assumption log and how assumptions differ from constraints and risk.

Software Review 323

Software Review Risk Management Technical Review Risk 323

ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

Budget 414

Budget Estimate Risk Management Monitoring 414

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 509

Logistics Artificial Inteligence PMI Performance Measurement 509

Rebel’s Guide to PM

NOVEMBER 2, 2023

Managing resources in professional services firms is crucial for maintaining sustainability and achieving anticipated employee performance goals. But unfortunately, many resource managers have to rely on approximation and guesswork because they don’t have the right tools and techniques. Let us begin with the basics.

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 441

Certification Prince2 Monitoring PMI 441

ProjectManager.com

FEBRUARY 7, 2023

It’s good to have all that documentation in project management software so you can easily turn the project summary into a project plan. ProjectManager is online project management software with unlimited file storage to act as the hub for your project documentation. Risk Management Overview Every project has inherent risks.

Budget 303

Budget Risk Management Executing Estimate 303

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? The term project documentation refers to the project management documents that are created throughout the project life cycle.

Project Life Cycle 364

Project Life Cycle Software Review Infrastructure Risk Management 364

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.

Construction 260

Construction Infrastructure Estimate Defining 260

ProjectManager.com

JANUARY 26, 2022

Legal project management is well familiar to lawyers, even if they don’t necessarily use that phrase. What Is Legal Project Management? Legal project management is when project management principles are applied to the delivery of legal services. It’s not that different from traditional project management in effect.

Software Review 311

Software Review Certification Risk Management Monitoring 311

Rebel’s Guide to PM

JULY 20, 2023

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents, templates, outputs or a specific deliverable. For example: a project management artifact is the project closure document. What is an artifact?

Logistics 258

Logistics Artificial Inteligence PMI Performance Measurement 258

ProjectManager.com

SEPTEMBER 21, 2020

Monitor project progress with our free project management dashboard template. A dashboard is an essential project management software tool that provides you with an at-a-glance overview of your project. Download the Free Project Management Dashboard Template: Why You Need a Project Dashboard Template.

Risk Management 393

Risk Management Budget Risk 2020 393

ProjectManager.com

JULY 4, 2023

All projects use reporting to monitor progress and performance, but in construction reporting is especially important. Construction reports can be written or generated by project management software, but they always are data-rich and usually illustrated by graphs and charts. That doesn’t mean construction reporting is verbose.

Construction 256

Construction Software Review Budget Risk Management 256

ProjectManager.com

JANUARY 26, 2023

They all go through the same cycle, known as the project life cycle, or project management life cycle. The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. What Is the Project Life Cycle?

Project Life Cycle 206

Project Life Cycle Monitoring Executing Controlling 206

Rebel’s Guide to PM

APRIL 1, 2019

This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide – Sixth Edition. All the things you need to know and do for successful risk management, for example, are bundled under the Risk Management Knowledge Area. So how many knowledge areas are there in project management?

PMI 384

PMI Risk Management Risk Estimate 384

ProjectManager.com

JULY 5, 2022

A business case is a project management document that explains how the benefits of a project overweigh its costs and why it should be executed. Discern the risks and issues associated with each solution. Once you have all the tasks collected, estimate how long it will take to complete each one. What Is a Business Case?

Underperforming Technical Team 370

Underperforming Technical Team Project Life Cycle Risk Management Governance 370

ProjectManager.com

AUGUST 12, 2020

Project managers are the ones tasked with planning, monitoring and managing the teams, but PM’s can’t manage it all alone. A project administrator is responsible for helping with many of the duties surrounding project management. Projects are not done by a single person.

Certification 282

Certification Monitoring Healthcare Estimate 282

ProjectManager.com

JUNE 30, 2021

The construction project manager role is a unique position, though it shares many of the attributes associated with any kind of project manager. If you’re looking for an experienced construction project manager, you need to understand their job. What Does a Construction Project Manager Do? Managing supplies.

Construction 302

Construction Certification Budget Logistics 302

ProjectManager.com

JANUARY 20, 2023

Leadership qualities can be difficult to label because leadership itself is so present in our lives that traits can be hard to identify and define. Leadership can take many forms, from historical figures to project managers and business managers. Get started for free. Download Excel File 9.

Leadership 404

Leadership Underperforming Technical Team 2016 Risk Management 404

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. Moreover, accurate cost estimates play a crucial role in financial planning and control.

Construction 36

Construction Estimate Budget Technical Review 36

International Institute for Learning

AUGUST 10, 2022

Risk Management. Thought Leadership News : What is risk management? What are some common myths or misconceptions that new and aspiring project managers should know about, and can you demystify them for us? Ruchi Gupta: Risk management is a proactive approach to managing uncertainties or unknowns on a project.

Risk Management 52

Risk Management Risk Technical Review Project Life Cycle 52

ProjectManager.com

APRIL 13, 2022

Projects need management. Much of the focus of project management is obviously on methodologies that keep your project on time and within budget. The project selection process, whether you’re working in project management or portfolio management, ensures you have enough resources to benefit from the investment.

Software Review 300

Software Review Project Life Cycle Manufacturing Executing 300

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. Therefore, a proper cost estimation is about finding a fine line in this complex process. What helps make cost estimation simple and efficient? How to estimate project cost .

Project Cost 52

Project Cost Estimate Process Budget 52

ProjectManager.com

JULY 4, 2023

All projects use reporting to monitor progress and performance, but in construction, reporting is especially important. Construction reports can be written or generated by project management software, but they’re always data-rich and usually illustrated by graphs and charts. Get started with ProjectManager today for free.

Construction 195

Construction Software Review Budget Risk Management 195

MPUG

JULY 16, 2021

Please find below a transcription of the audio portion of Walter Stinnett’s session, Monitoring and Controlling Requirements, being provided by MPUG for the convenience of our members. Welcome to the final part of my three-part series on project requirements management. What is the requirements management baseline?

Monitoring 52

Monitoring Controlling Underperforming Technical Team Technical Review 52

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. What are the Essential Project Management Buzzwords?

Development Team Review 148

Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

FEBRUARY 3, 2020

Resources can be impacted by all three of those constraints and therefore require a method to control them—sometimes even a resource management software. In project management, the resource breakdown structure (RBS) is a tool to help with planning and controlling project work. One such orbit is resources. Who Makes It? When Is It Made?

Construction 290

Construction Estimate Monitoring Executing 290