LiquidPlanner

NOVEMBER 1, 2018

We do a lot of projects that are innovative (for us), and my development colleagues always seem reluctant when it comes to project planning. They won’t give me timescales that will help me plan. How do you deal with a team that refuses to estimate how long tasks will take? It is difficult to estimate when the task is too big.

Estimate 602

Estimate Risk Management Budget Risk 602

Rebel’s Guide to PM

NOVEMBER 8, 2021

Frankly it’s too hot, but it has made me realize one thing: I am no good at estimating. In fact, I’ve always known that I’m not good at estimating. The only thing I can estimate is time. In this article I’ll share estimating techniques for schedules and budgets: the kind of things we need to know to get projects done.

Estimate 325

Estimate Budget PMO Project Cost 325

ProjectManager.com

JULY 21, 2021

These reports should be created throughout the project lifecycle to check progress and compare it against the project plan. The level of effort should be calculated during the planning phase of a project when tasks are being created. What Is Effort Estimation? These estimations are the foundation of sound project planning.

Estimate 447

Estimate Planning Energy Budget 447

ProjectManager.com

AUGUST 21, 2019

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 342

Estimate Project Cost Risk Management Budget 342

ProjectManager.com

MARCH 8, 2022

Resource management is the process of planning, scheduling and allocating resources to complete a project. Project managers are in charge of overseeing the resource management process from start to finish. Resource management involves creating plans and processes so that those resources can be managed.

Process 435

Process Risk Management Defining Monitoring 435

ProjectManager.com

JANUARY 18, 2023

In order for those surprises to impact the construction plan as minimally as possible, the industry uses something called a construction change order. We’ll answer those questions as well as outline the process when managing construction change orders. Construction change orders can occur throughout the execution of the project plan.

Construction 327

Construction Process Software Defining 327

ProjectManager.com

MAY 9, 2022

Everything starts with careful planning, which sets the stage for the execution phase where estimations, plans and schedules guide the project team as they complete tasks and deliverables. Project evaluation is the process of measuring the success of a project, program or portfolio. What Is Project Evaluation?

Process 370

Process Risk Management Budget Monitoring 370

ProjectManager.com

OCTOBER 6, 2021

Everything you need for your manufacturing process is a resource—people, materials, equipment, software, facilities, etc. That process is called manufacturing resource planning (MRP II), and it’s a method that used to work more effectively. What Is Materials Requirements Planning (MRP I)? Materials requirement planning.

Manufacturing 411

Manufacturing Planning Software Estimate 411

Scrum.org

JANUARY 12, 2023

Scrum Guide 2020 replaced the word "estimation" with "sizing" to include different practices teams use to plan their work. Estimation can mean different things, such as story points or time-based estimates, which can limit and create the illusion that story points are an essential part of Scrum.

SCRUM 186

SCRUM Estimate 2020 Planning 186

ProjectManager.com

SEPTEMBER 17, 2021

One of the most important is the inventory—the materials and components needed for the manufacturing process. The more efficiently a company handles this process, the more profit they will find. To this end, the manufacturing industry developed material requirements planning (MRP) to improve inventory efficiency. Learn More!

Planning 352

Planning Manufacturing Estimate Monitoring 352

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. Planning Phase. Learn More!

Process 362

Process Risk Management Monitoring Controlling 362

ProjectManager.com

JULY 5, 2022

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 363

Planning Budget Finance Estimate 363

Scrum.org

APRIL 12, 2022

To get to an answer that provides meaningful information, your Scrum Team first needs to decide how to estimate. As the Product Owner, you need to take the data from the estimated Product Backlog items (PBIs) and choose how to forecast a delivery date. Three Ways to Estimate. Exact Estimation. It’s just how it sounds.

SCRUM 224

SCRUM Estimate Agile Closing 224

LiquidPlanner

JANUARY 4, 2023

I my first 15 years, I used single-point estimation to build project schedules. The next ten years I used ranged estimations with traditional Gantt chart project scheduling software tools – this was better but cumbersome. Ranged estimation has been around since the introduction of PERT and the three-point estimation method.

Estimate 156

Estimate Risk Management Risk Executing 156

ProjectManager.com

JULY 20, 2022

Just as we only look at the building and often neglect the foundation that supports it, the architectural design process is the bedrock of construction project management. It’s a lengthy process that follows the construction project from inception to completion. What Is the Architectural Design Process? Learn more.

Process 330

Process Construction Risk Management Software 330

ProjectManager.com

APRIL 14, 2021

Operations continue to become more complex, and this means production requires more thorough planning. A production plan is the best way to guarantee you deliver high-quality products/services as efficiently as possible. What Is Production Planning? This change demands fresh production planning. Click to learn more!

Manufacturing 297

Manufacturing Planning Estimate Monitoring 297

Scrum.org

SEPTEMBER 20, 2021

TL; DR: Estimates Are Useful, Just Ditch the Numbers. Many people dislike estimating work items as estimates supposedly open the path to the misuse of velocity by the managers, reintroducing Taylorism, micro-management, and excessive reporting through the backdoor. Estimating Leading to Micro-Management; the Legacy of Taylorism.

Estimate 213

Estimate SCRUM Agile Risk Management 213

WorkOtter

FEBRUARY 28, 2023

Resource estimation is an integral part of project management that often gets overlooked. Here’s your guide to resource estimation in project management and other factors, such as resource costs. You’ll also learn why WorkOtter will benefit with this process. What Is Resource Estimation in Project Management?

Estimate 78

Estimate Risk Management SCRUM Budget 78

ProjectManager.com

AUGUST 27, 2021

That’s where a process called demand planning comes in. What Is Demand Planning? Demand planning is a cross-functional process that businesses use to meet customer demand while avoiding supply chain or inventory management disruptions. Create demand plans and execute them with ease with ProjectManager.—

Planning 468

Planning Strategy Risk Management Software 468

ProjectManager.com

FEBRUARY 24, 2020

The answer is a cost management plan. What is a Cost Management Plan? A cost management plan is a method of strategizing the planning and execution of a project’s budget. However, without a proper cost management plan in place, both of those things will falter—costing you and your organization immensely.

Planning 341

Planning Estimate Project Cost Budget 341

ProjectManager.com

SEPTEMBER 1, 2021

This is called supply chain planning. Let’s take a closer look at supply chain planning and what it means for your business planning. What Is Supply Chain Planning? This includes adjusting the plan according to demand planning forecasts, while keeping in mind production capacity constraints and availability of materials.

Planning 391

Planning Manufacturing Logistics Risk Management 391

Project Risk Coach

APRIL 5, 2021

Have you left anything out of your project management plan? Check out this checklist to help you identify the baselines and plans that will be most helpful to each of your projects. As I define a project management plan, I strive for clarity, brevity, and simplicity. schedule baseline) Subsidiary plans (e.g.,

Planning 380

Planning Project Life Cycle Risk Management Defining 380

Project Risk Coach

JUNE 4, 2023

To address this issue, it is crucial to establish well-defined objectives from the outset and engage stakeholders in the process to ensure everyone is on the same page. Inadequate Planning and Estimation Insufficient planning and inaccurate estimation of resources, time, and budget are common culprits in troubled projects.

Risk Management 222

Risk Management Risk Estimate Budget 222

ProjectManager.com

JUNE 7, 2023

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. Cost breakdown analysis is the process of identifying what will determine the price of a product, service or any final project deliverable.

Estimate 272

Estimate Project Cost Risk Management Software 272

Leading Answers

AUGUST 25, 2020

Project managers generally like plans and estimates so we can forecast when things should be done and how much they may cost. " So, when project managers hear about ideas such as "let's stop estimating," it can trigger a knee-jerk reaction. It sounds lazy and avoiding the hard work of having to estimate.

Estimate 131

Estimate Agile Planning 2012 131

ProjectManager.com

AUGUST 20, 2021

Today we’re going to sidestep the philosophical, though, and instead focus on agile planning in project management, and specifically, creating an agile project plan. What is Agile Planning? However you choose to implement the agile principles, there is one thing all approaches have in common: an agile plan.

Agile 421

Agile Planning Risk Management Defining 421

Planio

MAY 22, 2023

With 80% of companies using Agile project management methodologies to run their businesses, release planning has become more important than ever. Release planning is the glue that connects your product vision and overall strategy to your day-to-day product development. Release planning vs. sprint planning: What’s the difference?

Agile 78

Agile Planning Estimate Risk Management 78

ProjectManager.com

AUGUST 18, 2021

For any company to profit from a product, there must be a strategic plan in place to produce just enough to meet that need. Aggregate planning is a technique to create an equilibrium between demand and capacity. Let’s take a look at what aggregate production planning is and some aggregate planning strategies.

Planning 398

Planning Strategy Risk Management Budget 398

ProjectManager.com

JANUARY 6, 2021

Planning a project involves a lot of coordination of time, tasks and costs. It can feel like an insurmountable job, but just remember that plenty of projects are planned and executed every single day. One way to start organizing all those disparate pieces is by using plan templates. Action Plan Template.

Planning 429

Planning Risk Management Risk Budget 429

ProjectManager.com

MAY 30, 2023

We’ll go further, explaining how to estimate general condition costs and how general conditions compare to construction specifications and general requirements. Regarding specifications, general conditions are the information regarding the project administration roles, responsibilities and processes.

Construction 277

Construction Estimate Risk Management Defining 277

Rebel’s Guide to PM

APRIL 2, 2022

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 338

Planning Governance Government Agile 338

nTask

JUNE 8, 2021

Estimating projects is part and parcel of project management for any project. However, estimating projects with accuracy is not always so successful. In fact, many of the issues in project management can be traced back to failed attempts at estimating projects. Why Does Estimating Projects so Often go Wrong? Your project.

Estimate 148

Estimate Budget 2021 Risk Management 148

ProjectManager.com

MARCH 14, 2018

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. In project management there are five phases: initiating, planning, executing, controlling and closing. Phases of Project Management. Monitor and Control.

Process 407

Process Risk Management Monitoring Planning 407

ProjectManager.com

JULY 12, 2022

As with everything in construction project management, there’s a process, meetings, checklist and more. The preconstruction phase in construction project management refers to the preliminary planning and engineering services that the construction company implements before construction begins. But first, let’s start with a definition.

Construction 421

Construction Estimate Budget Risk Management 421

Agilemania

DECEMBER 13, 2022

Agile estimation is one of the greatest instances of this. These estimating strategies are used to set the complete product, making it easier for the team to get through the product. Almost all Agile teams estimate and employ various estimating strategies, such as dividing complex items into smaller chunks.

Estimate 98

Estimate Agile SCRUM Lean 98

Rebel’s Guide to PM

MAY 3, 2022

Your project management plan is more than just a schedule of work. Although I am guilty of using ‘plan’ and ‘Gantt chart’ interchangeably. A project management plan is a document that sets out how you are going to do what you’re going to do. So what does go in the project management plan ? Be pragmatic though.

Planning 272

Planning Risk Management Risk Estimate 272

Rebel’s Guide to PM

APRIL 10, 2023

It covers the whole lifecycle from finding ideas for projects, through the prioritization process and planning for the most productive organization possible. Estimating for success Maybe best of all, Moore talks about range-based estimates – a topic I’m very interested in.

PMO 349

PMO Estimate Initiating 2016 349