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.

Risk 452

Risk Risk Management Estimate Project Life Cycle 452

LiquidPlanner

NOVEMBER 1, 2018

Dear Elizabeth: I work in a technical team as a project manager. 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. If the tasks are too chunky, it will be too challenging to come up with anything like a realistic estimate.

Estimate 602

Estimate Risk Management Innovation Budget 602

Rebel’s Guide to PM

MARCH 10, 2022

There is a project management formula that will help answer those questions. 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. What is EAC in project management? What is the formula for estimate at completion?

Estimate 409

Estimate Software Review Budget Cadence 409

ProjectManager.com

JANUARY 8, 2021

The more accurate your estimates, the more likely you’ll keep to your budget and deliver a project on time. Using a project estimate template is the perfect way to get your project planning on the right track. Download the Project Estimate Template. Download the Project Estimate Template. When to Use an Estimate Template.

Estimate 382

Estimate Budget Executing Monitoring 382

ProjectManager.com

JANUARY 16, 2024

When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. We’ll get to that in a moment as well as define project pipeline management. ProjectManager’s roadmaps help you manage your project pipeline.

Software Review 350

Software Review Software PMO Monitoring 350

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

WorkOtter

MAY 18, 2023

Risks are common in business. These risks carry uncertainties which pose potential threats to the financial health of the organization. Projects help the business reach objectives and goals, and with each project comes its own set of risks. Importance of Risk Analysis in Project Management What is a risk in project management?

Risk Management 78

Risk Management Risk Underperforming Technical Team Software Review 78

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. Projects bring risks, and risks bring unexpected costs.

Estimate 315

Estimate Technical Review Project Cost Governance 315

MPUG

SEPTEMBER 4, 2023

In this article, we’re addressing a common question in modern project management: Do we need risk management in agile projects? Do agile projects have risks associated with them? And do we want to let those risks run wild without any effort to contain them? Why is Risk Management in Agile Projects Even a Question?

Risk Management 98

Risk Management Risk Agile Technical Review 98

LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

Risk Management 158

Risk Management Risk 2003 2007 158

ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. Without a plan, projects are in trouble. Why Use Project Planning Templates?

Planning 364

Planning Software Review Risk Management Budget 364

Rebel’s Guide to PM

NOVEMBER 21, 2022

Teamhood is a Kanban project management system for teams. It’s a visual, flexible tool that is perfect for small and medium businesses who want to improve how they manage projects. The software is aimed at firms who want to add agility to improve time to market. Managing items. Let me show you how! Product: Teamhood.

Software Review 393

Software Review Software Agile Estimate 393

Project Risk Coach

JANUARY 9, 2024

In the intricate world of project management, where each decision can lead to a myriad of outcomes, the ability to forecast and manage potential risks is invaluable. How to Perform Decision Tree Analysis Here's a step-by-step guide on how to perform decision tree analysis for quantitative risk analysis.

PMI 221

PMI Estimate Risk Management Risk 221

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 287

Risk Software Review Risk Management Underperforming Technical Team 287

Rebel’s Guide to PM

APRIL 22, 2024

I mentor project managers, and the types of problems that people come up with on calls are not technical issues for the most part. Or “resources” as we unkindly call people in project management. Why is effective resource management difficult? I’m sure you can think of some poor resource management examples.

Technical Review 280

Technical Review PMO Risk Management Software Review 280

Epicflow Blog

JUNE 10, 2022

Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact people’s safety and, to make matters worse, come down to considerable financial losses. . What are the most typical risks associated with aerospace engineering projects, and how to manage them effectively?

Aerospace 98

Aerospace Risk Management Engineering Risk 98

Scrum.org

JANUARY 29, 2024

Explanation: Software development is an evolving process. Objection: "We can't accurately estimate delivery timelines with incremental delivery." Explanation: Traditional project management often struggles with accurate timeline estimations. Objection: "There's too much overhead in managing incremental releases."

Software 187

Software Estimate SCRUM Risk Management 187

ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free. Learn more.

Construction 325

Construction Planning Risk Management Estimate 325

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. This is done by using a project management maturity model. What Is Project Management Maturity?

Underperforming Technical Team 337

Underperforming Technical Team Risk Management Software Review Budget 337

ProjectManager.com

APRIL 16, 2024

Once you create this Excel project timeline, you can use this template to estimate future project timelines using project tasks and due dates. Get your free Timeline Template Use this free Timeline Template for Excel to manage your projects better.

Software Review 367

Software Review Estimate Executing Monitoring 367

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 335

Finance Estimate Budget Risk Management 335

Rebel’s Guide to PM

FEBRUARY 12, 2024

As a project manager, you are expected to have all-round skills encompassing the technical fields of project management like planning and scheduling, through to the interpersonal skills like communicating up and influencing others. Learn how to help your team manage risk so you can split the work between you.

Finance 319

Finance Risk Management Budget Risk 319

ProjectManager.com

APRIL 4, 2024

Choosing the best kanban software for your team might be overwhelming, especially if you’re not sure of what features to look for. That’s why we’ve reviewed Trello’s kanban board and identified its key features, pros and cons to help you better understand how it compares to other kanban software. Does Trello Have a Kanban Board?

Software Review 358

Software Review 2024 Estimate Software 358

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 364

2024 Construction Software Review Technical Review 364

ProjectManager.com

AUGUST 15, 2023

Project management is all about solving problems before they happen. Let’s look at 15 project management challenges and how to deal with them. 15 Project Management Challenges You Should Prepare for Here are the most common challenges project managers face in their day-to-day lives.

Estimate 317

Estimate Software Review Monitoring Risk Management 317

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

JUNE 28, 2023

Projects are divided into phases to make them more manageable. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. There are five phases in the project management process: initiation, planning, execution, monitoring and controlling and closing.

Monitoring 293

Monitoring Controlling Software Review Risk Management 293

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects. The lower your costs, the higher your profits.

Controlling 334

Controlling Manufacturing Construction Underperforming Technical Team 334

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. Some of the items that are included in an IT budget are hardware, software, personnel, outsourcing, disaster recovery and any occupancy costs associated with the support of the IT in the organization.

Budget 345

Budget Software Review Infrastructure Monitoring 345

ProjectManager.com

FEBRUARY 6, 2024

Then, you can estimate their costs and add them to determine how much money you’ll need to finance your business operations. Google Sheets helps with collaboration but it isn’t a true project management software. Online templates can be helpful, but ProjectManager makes it easier to track budgets in our software.

Budget 332

Budget Estimate Software Review Executing 332

ProjectManager.com

MARCH 12, 2024

Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them. What Are Resource Requirements in Project Management? Knowing one’s resource requirements will also help project managers to get the most out of their resources.

Software Review 337

Software Review Estimate Defining Budget 337

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

Planning 343

Planning Estimate Risk Management Budget 343

Project Risk Coach

APRIL 26, 2021

Think about it for a minute – what have you done in the last six months to improve your cost management? Let's look at some practical ways to actually improve your cost management. Consider John, a savvy project manager, who was asked to manage a project aimed at replacing a dated network system. We zigzag, don't we?

Estimate 397

Estimate Risk Management Budget Controlling 397

Planview

JULY 29, 2021

Risk management is one of the core project knowledge areas, an essential and ongoing process which can be described as the methodical process of identification, analysis and response to project risks involving several major phases which are similar to all projects. The Risk Analysis Process in Project Management.

Risk Management 78

Risk Management Risk Process Influencer 78

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? What Is Scrum?

SCRUM 412

SCRUM Manufacturing 2001 Agile 412

MPUG

JUNE 6, 2022

But, how does all of this fit into Risk Management? Risk Managers don’t toss coins or calculate heads/tails in an experiment. Probability Distribution and Risk Management. With the above basics, let’s consider another example to understand probability distribution from the perspective of risk management.

Risk Management 64

Risk Management Risk Estimate 2019 64

ProjectManager.com

FEBRUARY 15, 2024

Gantt charts have been a fundamental project management tool for over a century, and it’s easy to understand why. The only difference from a Gantt chart used in any other industry is that it manages construction tasks. ProjectManager’s construction Gantt charts help you plan, manage and track projects in real time.

Construction 360

Construction Software Review Planning Estimate 360