Rebel’s Guide to PM

MARCH 10, 2022

In this article, I’ll explain what Estimate at Completion is for project managers, how to use it (because there are 4 different ways) and give you examples. Estimate at completion (EAC) in project management tells you how much the project will cost when the work is finished. What is the formula for estimate at completion?

Estimate 424

Estimate Software Review Budget Cadence 424

Scrum.org

APRIL 11, 2024

Zombie Estimation is where a team mechanically assigns story points to tasks without a true understanding or engagement in the purpose and method of estimation. This process becomes a ritual devoid of meaningful discussion, insight, or reflection on the complexity, effort, and risks involved in completing a task.

Estimate 169

Estimate Executing Risk Process 169

ProjectManager.com

JUNE 15, 2022

Software development estimation is an essential part of many projects. Even before the planning stage , it’s critical to create an accurate forecast of the project’s duration, costs and more. Despite its importance, software development estimation is often overlooked. What Is Software Development Estimation?

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Software Development Software Developers Estimate Software Review 324

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 Innovation Budget 602

ProjectManager.com

DECEMBER 9, 2019

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

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Risk Risk Management Estimate Project Life Cycle 463

Project Risk Coach

DECEMBER 4, 2022

Risk identification is an integral part of project risk management. It is essential for any project manager to know what risks might affect a project and navigate them. This article will examine the five techniques for risk identification. Techniques for Risk Identification 1. Out of sight, out of mind.

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Risk Risk Management Budget Engineering 395

ProjectManager.com

JANUARY 12, 2024

One way to make sure you’re supporting your team and project alike is with workforce planning. Workforce planning is important and we’ll show you why. Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. What Is Workforce Planning?

Planning 362

Planning Estimate Risk Management Budget 362

ProjectManager.com

JUNE 6, 2024

Having a control plan helps production achieve these goals. To do this, manufacturers must understand what a control plan is, the different types of control plans and the steps to make a control plan for manufacturing. What Is a Control Plan? Get started with ProjectManager today for free. Let’s explain each below.

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Manufacturing Controlling Planning Software Review 394

ProjectManager.com

OCTOBER 20, 2023

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.

Construction 343

Construction Planning Risk Management Estimate 343

ProjectManager.com

JANUARY 2, 2024

Tactical planning is the practical counterpoint to strategic planning, which describes the overall direction of an organization. Tactical planning tells you how to get there. Let’s dive a bit deeper into the subject and explain how it differs from other types of planning, its benefits and more. What Is Tactical Planning?

Planning 371

Planning Manufacturing Executing Risk Management 371

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.

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Estimate Technical Review Project Cost Governance 328

ProjectManager.com

MAY 16, 2024

This is called scenario planning. To better position a business to be prepared to respond to the unknown, learn what scenario planning is and what the different types of scenario planning are. What Is Scenario Planning? Scenario planning is different from forecasting. All have advantages and disadvantages.

Planning 362

Planning Software Review Underperforming Technical Team Risk Management 362

Project Risk Coach

MAY 3, 2021

Do you ever feel like the Lone Ranger when working on cost estimates? Let's explore how to engage your team members and subject matter experts to improve your cost estimates. So, let's look at three techniques to use with your teams: Brainstorming Delphi Technique Nominal Group Technique 3 Team Techniques to Improve Cost Estimates 1.

Estimate 370

Estimate Finance Budget Risk Management 370

Scrum.org

MAY 22, 2024

Estimates are notoriously bad. In the world of agile development, inaccurate estimates can lead to missed deadlines, blown budgets, and frustrated teams. But why is estimation so challenging? Estimates are predictions, and predictions are inherently uncertain. This approach leads to better decision-making.

Estimate 185

Estimate Underperforming Technical Team Agile Software Development 185

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. 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. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

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Risk Technical Review Risk Management Estimate 332

ProjectManager.com

FEBRUARY 15, 2024

A Gantt chart is a horizontal bar chart that’s commonly used in project management as a means to visually represent the project plan and schedule over time. ProjectManager’s construction Gantt charts help you plan, manage and track projects in real time. On the left, there’s a typical spreadsheet.

Construction 379

Construction Software Review Planning Estimate 379

ProjectManager.com

JANUARY 24, 2023

Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. There are many project management templates that are designed to help you identify, respond to and track those risks. Learn more 3.

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Risk Management Risk Software Review Monitoring 313

Project Risk Coach

NOVEMBER 9, 2020

Let us explore ways to compress project schedules and manage the associated risks. The project manager and the project team develop a project management plan that includes the project schedule. One risk is that we may fail to identify activities. Another risk is that we may fail to sequence the activities properly.

Risk Management 397

Risk Management Risk Construction Estimate 397

MPUG

SEPTEMBER 20, 2024

Introduction Reverse planning involves a mature organization starting with the project’s end date state and working backward in time. Bottom line: you want to focus on what you want to achieve, then use that to build a last-to-first plan of action. So, the resulting estimate should be based on real views of the work packages.

Planning 103

Planning Estimate Innovation PMI 103

Musings on Project Management

JANUARY 30, 2023

First comes the planningYou've followed all the standard protocols for setting up your risk management program.You've put slack in your cost estimates, and you've put slack-buffers in your schedule plan.All good.Risks have been listed, prioritized, and the minor ones to be 'unmanaged' set aside (minimize distractions)Otherwise, mitigation planning (..)

Risk Management 186

Risk Management Risk Estimate Planning 186

Musings on Project Management

SEPTEMBER 7, 2023

First comes the planningYou've followed all the standard protocols for setting up your risk management program.You've put slack in your cost estimates, and you've put slack-buffers in your schedule plan.All good.Risks have been listed, prioritized, and the minor ones to be 'unmanaged' set aside (minimize distractions)Otherwise, mitigation planning (..)

Risk Management 150

Risk Management Risk Estimate Planning 150

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 379

Planning Project Life Cycle Defining Controlling 379

Scrum.org

FEBRUARY 13, 2024

Estimation is a complementary practice Scrum Teams use in Product D evelopment. The purpose of estimation is to provide a rough idea of how much effort, time, and budget are needed to complete specific features or PBI- Product Backlog Item of the product.

Estimate 166

Estimate Underperforming Technical Team SCRUM Innovation 166

Rebel’s Guide to PM

MARCH 23, 2023

Recently I audited the Fundamentals of Project Planning and Management course from University of Virginia Darden Business School. I’ve put together this Fundamentals of Project Planning and Management course review to answer all your questions so you can save time deciding whether it is right for you.

Technical Review 481

Technical Review Planning Certification Risk Management 481

ProjectManager.com

SEPTEMBER 28, 2020

Plan for project risks with this risk register template for Excel. Define risk priority and the potential impact for each. Risk is going to happen, but with this free risk tracking template handy, you can prepare for it and have a response already thought out and in place. Every project has risk.

Risk 301

Risk Software Review Risk Management Underperforming Technical Team 301

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 337

Planning Software Review Risk Management Estimate 337

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.— Learn More!

Planning 440

Planning Software Review Artificial Inteligence Underperforming Technical Team 440

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 390

Agile Planning Software Review Defining 390

Kiron Bondale

OCTOBER 26, 2022

Back in July, while planning for the campaign, I’d written a series of articles on the approach I’d taken to manage this project. In my final article, I’d covered the delivery and outcome risks I’d identified and addressed and will provide an update on these as well as to share what I learned through the experience.

Risk 316

Risk Transportation Risk Management Leadership 316

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 307

Planning Estimate Budget Project Cost 307

ProjectManager.com

MARCH 7, 2023

Planning an event can range from a meeting at work to a convention and everything in between. Using planning templates can help you stay organized and keep to your budget and they allow you to schedule and create the kind of event that serves its purpose, whether that’s networking at a trade show or launching a team-building workshop.

Planning 299

Planning Software Review Budget Influencer 299

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 342

Planning Finance Underperforming Technical Team Software Review 342

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 216

Estimate SCRUM 2022 Agile 216

ProjectManager.com

JULY 16, 2024

Construction software is essential for general constructors to plan, manage and track projects. They’ll need to consult the list below to find construction software for Mac that works on Apple and sometimes both Mac and PC products, which gives companies the most flexibility to plan, manage and track their projects.

Construction 362

Construction Software Review Software Estimate 362

LiquidPlanner

MAY 24, 2023

Even the best-laid plans aren’t immune to disruption. That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. While you can’t account for everything, you can create a project plan that should prevent you from veering off course in the face of disruptions.

Risk Management 158

Risk Management Risk Technical Review Budget 158

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 371

Planning Manufacturing Underperforming Technical Team Budget 371

Project Risk Coach

JANUARY 15, 2018

Life is filled with risks. Some risks occur slowly. Let’s look at how to evaluate risk velocity and why it matters. What is Risk Velocity? Risk velocity is the time to impact. Think of velocity as an estimate of the time frame within which a risk may occur. Why Risk Velocity Matters.

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Risk Risk Management Estimate Executing 249