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Rough Order of Magnitude (ROM): Understanding ROM Estimates

ProjectManager.com

No one needs to tell you that projects cost money. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs. But what is ROM and how can you calculate ROM estimates?

Estimate 356
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

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 416
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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Google Sheets helps with collaboration but it isn’t a true project management software.

Budget 337
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Batch Production: Examples, Advantages and Disadvantages

ProjectManager.com

Manufacturers have a handful of processes they use to make their products. Let’s take a closer look at the last one, batch production. First, we’ll define batch production and list examples of industries that use it to manufacture their products. What Is Batch Production?

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How to Create a Timeline in Excel (Free Templates Included)

ProjectManager.com

Excel is a versatile spreadsheet tool that can create a variety of graphs, charts and forms, including timelines for projects. Why Should You Create a Project Timeline in Excel? Once you create this Excel project timeline, you can use this template to estimate future project timelines using project tasks and due dates.

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Free Google Sheets Timeline Template: Create Plans Online

ProjectManager.com

When managing teams, it’s essential to create timelines to track their progress as they execute their tasks. Project management software is the most efficient way to create timelines to plan, assign and track their tasks. More powerful than Google Sheets is project management software.

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How to Prioritize Work When Everything Is #1

LiquidPlanner

All projects—especially large, complex projects—need clear priorities. You can count on technical projects, no matter how well-planned, to involve change orders, re-prioritization and the regular appearance of surprises. Related: How to Better Prioritize Work and Projects. Identify urgent vs. important.