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How to Calculate Total Manufacturing Cost

ProjectManager.com

Manufacturing isn’t free. Being able to make accurate estimates of your manufacturing costs is critical to a company’s profitability and competitive advantage. Before work hits the production line, one must know how to calculate manufacturing cost. Plus, we’ll explore how software can help.

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What Is a Sales Order? (Example & Template Included)

ProjectManager.com

The sales order process, which we’ll cover in a bit, needs management to ensure that vendors and customers get what they want. But first, it’s important to have software that can manage the sales order process to ensure that goods are delivered on time and paid for as determined in the sales order terms. What Is a Sales Order?

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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. What Is a Capital Project? Capital projects involve capital assets.

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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

Finally, we’ll offer links to a few free construction project management templates to help manage industrial construction projects. That is, industrial construction refers to the building of structures for a business that manufactures goods. But each of these sectors can be further subdivided into categories.

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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

Creating a schedule of values is important for the project owner, contractor and subcontractors alike. It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. The schedule of values is an itemized list of all the project activities.

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The Ultimate Guide to Manufacturing Project Management: Best Practices and Strategies

Epicflow Blog

How can manufacturers ensure the successful delivery of their complex projects under conditions of increasing uncertainty and a lack of required human resources? The solution lies in intelligent project and resource management. Increased use of technologies and related risks Industry 4.0

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How to Take Advantage of Adaptive Project Management

Project Pulse Journal

By: Hajime Estanislao, PMP, CSM Adaptive project management is a vital strategy in a world where project landscapes are shifting. This method is essential for anyone who aims to navigate the complexities of projects where changes occur at lightning speed. What is Adaptive Project Management?