Remove Examples Remove Finance Remove Governance Remove Project Cost
article thumbnail

Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

Projects and operations are both necessary for businesses to succeed, but they require different approaches. When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects vs operations is not a battlefield and you can navigate the tightrope to keep them both balanced.

Retail 405
article thumbnail

Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

Monitor construction costs in real time with ProjectManager’s live dashboards.— Hard Costs in Construction Examples. Hard costs are building materials associated with the actual building of your construction project. Soft Costs in Construction Examples. There are many soft costs in construction.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

A capital improvement plan (CIP) is used by organizations to make smart budgeting decisions on which large projects or purchases to pursue. This is a tool used more often by public entities such as local governments for major public expenditures. This is usually a multi-year project, often four to six years. Financial Analysis.

Planning 323
article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

For example, the kanban method doesn’t require you to have a specific team structure or hold meetings. Get your free Kanban Board Template Use this free Kanban Board Template for Excel to manage your projects better. You don’t have to reset the kanban board as you move through the project.

SCRUM 411
article thumbnail

How to Create a Project Assumptions List: Examples and Template Included

Project Bliss

And in this post I’ll go over the following items: The benefit of identifying and creating a list of project assumptions. Different types of project assumptions – including examples. How to identify and manage project assumptions. What are Project Assumptions? This is an extreme example (but true).

article thumbnail

Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

” This doesn’t mean every project or program manager needs to be an accounting whiz but having a handle on project finances is indeed a make or break, “You have to try to keep within your numbers to deliver successfully,” Sol adds. 5 Tips for Managing a Project Budget. Explaining ‘Run Rate’.

Budget 359
article thumbnail

14 Common Project Risks (+ more)

Rebel’s Guide to PM

Some examples of internal risk are: 1. Once common risk is lack of support from a key project sponsor. As the excitement of a project fades, you might see sponsors stop attending meetings, not making key decisions, or not showing much interest in the project’s success. External risk examples: 4. Governance risk.

Risk 319