ProjectManager.com

FEBRUARY 22, 2023

Whether you’re a big or small business and no matter what product you manufacture or service you provide, you’re always looking to deliver the highest quality and greatest value for your customers. One way to achieve these goals is through operations management. Learn what operations management is and its key functions.

Software Review 323

Software Review Technical Review Manufacturing Logistics 323

Rebel’s Guide to PM

AUGUST 2, 2022

Earlier this year, searches for “project management” reached an all-time high on Google , and these searches are widespread, reaching the far corners of the globe. The surge in project management is creating a career path for changemakers. Here’s what those career benefits of project management look like.

2030 463

2030 PMI Infrastructure Certification 463

TechEmpower - Project Management

MARCH 4, 2024

In testing, AI can simulate a multitude of scenarios, predicting performance outcomes and potential failures before they occur, which reduces the risk and cost associated with physical prototyping. In corporate finance , generative AI is a transformative force, enhancing decision-making and operational efficiency.

Generative AI 118

Generative AI CTO Hire Fractional CTO Healthcare 118

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. Google Sheets helps with collaboration but it isn’t a true project management software.

Budget 327

Budget Estimate Software Review Executing 327

The Lazy Project Manager

FEBRUARY 18, 2020

Project Business is an industry just like Retail and Manufacturing because projects are their primary business function. The same goes for a Manufacturing Business. It doesn’t matter what products you make, if you manufacture it, you are a Manufacturing Business. It doesn’t matter what goods you sell. They’re not.

Retail 344

Retail Manufacturing 2002 Construction 344

ProjectManager.com

JUNE 7, 2023

Manufacturing a product or constructing a building is a complicated process, which in turn makes determining the price for that product equally difficult to discern. There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product.

Manufacturing 246

Manufacturing Estimate Project Cost Influencer 246

Scrum.org

MARCH 16, 2024

Like the manufacturer of the JAS 39E Saab Gripen fighter, a handful of players are relying on Scrum to radically improve their economic competitiveness. That's more than 5,000 a year, while a traditional manufacturer makes at best two to four a year. However, not all is lost.

Agile 139

Agile Technical Review Manufacturing Innovation 139

Scrum.org

SEPTEMBER 27, 2023

Some organizations are in finance, others in consumer packaged goods or manufacturing. But one challenge unifies them all: managing a Product Backlog. It is crucial that the Product Owner understands the value of the Product Backlog and has practical techniques to manage it. Why is the Product Backlog so important?

SCRUM 172

SCRUM Finance Manufacturing 2020 172

Inloox

OCTOBER 19, 2022

A big step towards today's ERP systems was then made with MRP II (Manufacturing Resource Planning). Now, it was possible to specifically coordinate modules such as contract management, purchasing or work time tracking. The focus is on the management and automation of business processes in a wide variety of areas.

Logistics 213

Logistics Manufacturing Software Review Infrastructure 213

ProjectManager.com

DECEMBER 27, 2023

It can be used to communicate what’s needed in the project, the costs associated with the activities and the management of payments. But what is a schedule of values and why is it such an essential construction project management document? ProjectManager’s Gantt charts manage your human and nonhuman resources.

Construction 363

Construction Estimate Budget Monitoring 363

Rebel’s Guide to PM

MARCH 20, 2022

Managing international project teams requires cultural sensitivity and an awareness of what makes us different — and the same. Many of us do manage international teams now. Having an open mind about the challenges of managing an international project is essential. That can be hard for senior managers to accept.

Underperforming Technical Team 366

Underperforming Technical Team Finance Budget Leadership 366

ProjectManager.com

NOVEMBER 23, 2023

In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital is money.

Budget 341

Budget Technical Review Software Review Executing 341

Rebel’s Guide to PM

FEBRUARY 5, 2024

There are several ways of categorizing project cost for your project budget: Direct costs Indirect costs Capital costs (capex) Operating costs (opex) Project deliverable costs Project management costs And your organization may have other standard ways of thinking about cost categories. Let’s look at each of those in turn.

Budget 307

Budget Project Cost Estimate Finance 307

ProjectManager.com

JUNE 28, 2018

There has been some backlash against Six Sigma over the recent years, some of which is warranted and will be discussed, but overall the process proves a valuable tool in reducing defects in product manufacturing, especially when paired with Agile thinking, lean manufacturing and capable project management tools.

Lean 417

Lean Manufacturing Transportation Sustainability 417

NimbleWork

MARCH 20, 2024

Whether it’s recognizing bottlenecks in workflow, uncovering areas for process optimization, or identifying potential risks, these insights gleaned from retrospectives empower teams to proactively address challenges and capitalize on opportunities, ultimately enhancing their overall performance and productivity.

Manufacturing 103

Manufacturing Healthcare Software Developers Software Development 103

ProjectManager.com

JULY 18, 2019

Supply chain management (SCM) is the discipline that manages supplies and processes through all of the stages of a project, product or business deliverable. Getting through these various stages efficiently requires control—that’s where supply chain management comes in. What is Supply Chain Management?

Manufacturing 234

Manufacturing Logistics Information Technology Retail 234

ProjectManager.com

JUNE 1, 2022

Project management is methodical, but change is not. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. A change control board includes representatives of the relevant functional areas of the project in addition to the project manager.

Controlling 294

Controlling Process Technical Review Software Review 294

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.

Risk 320

Risk Technical Review Risk Management Estimate 320

Productivity Land

JANUARY 5, 2024

Understanding REITs With the help of real estate investment trusts (REITs), investors can make large-scale, income-producing real estate investments without having to handle the financing, management, or purchase of individual properties. Types of REITs REITs come in various forms, each tailored to specific real estate sectors.

Retail 63

Retail Finance 2023 Influencer 63

Project Bliss

NOVEMBER 30, 2020

This list of project management job titles can help if you need to find other names for the role. When you’re thinking about moving into a project management career, you’re likely looking for jobs with the title “project manager.” My first real project management job title was Project Coordinator.

Healthcare 156

Healthcare Construction Manufacturing Executing 156

MPUG

OCTOBER 17, 2022

Our company got a re-engineering project from a Fortune 500 company, and I was designated as the project manager. The project was sponsored by the finance department of the client’s organization. In essence, we answered to the finance department. In fact, the assigned IT manager was not supportive in the beginning at all.

Technical Review 105

Technical Review Finance Influencer Software Review 105

Productivity Land

MAY 31, 2023

They are employed across diverse sectors such as technology, finance, healthcare, and e-commerce. As a statistician, you can work in various fields such as healthcare, government agencies, market research, finance, and academia. Data scientists are pivotal in driving innovation and solving complex business problems.

Healthcare 69

Healthcare 2021 Finance Transportation 69

NimbleWork

MARCH 20, 2024

Whether it’s recognizing bottlenecks in workflow, uncovering areas for process optimization, or identifying potential risks, these insights gleaned from retrospectives empower teams to proactively address challenges and capitalize on opportunities, ultimately enhancing their overall performance and productivity.

Manufacturing 52

Manufacturing Healthcare Software Developers Software Development 52

Wrike

SEPTEMBER 3, 2023

Enterprise Resource Planning (ERP) refers to a suite of integrated software applications that enable organizations to manage and automate various functions across their entire enterprise. These functions typically include finance and accounting, human resources, supply chain management, customer relationship management, and more.

Manufacturing 36

Manufacturing Finance Logistics Risk Management 36

The Strategic Project Manager

NOVEMBER 23, 2021

The post explores the origins of the Experience Curve, important nuances to consider, and how it can be useful for a strategic project manager. The decrease in costs typically occurred in aggregate across all costs that could be assigned to the unit cost – administration, marketing, distribution, and manufacturing costs.

Technical Review 98

Technical Review Underperforming Technical Team Manufacturing Sustainability 98

Project Bliss

OCTOBER 14, 2019

Quality project managers work with teams to ensure the success of quality improvement projects. I asked if he works with project managers and he laughed and said, “Of course!”. I was eager to hear more about quality projects and get another perspective of how project managers are valuable in this work.

Engineering 120

Engineering Manufacturing 2027 Risk Management 120

Herding Cats

MARCH 17, 2017

It was clear many years later, he was a good development manager and waited for the appropriate time to coach and mentor us. A Scrum of people works very well when doing Scrum , but operations, finance, and accounting are not the same as writing software for money. It's a Value at Risk thing in my opinion. .

Finance 32

Finance Software Manufacturing Estimate 32

Wrike

JANUARY 30, 2024

There is so much fierce competition, as people will fight tooth and nail to maintain their finances and reputations. Let’s take a look at some examples that illustrate the link between these two concepts: Scenario: A manufacturing firm Process improvement initiatives seek to enhance your productivity, efficiency, and customer satisfaction.

Process 60

Process Lean Manufacturing Technical Review 60

Wrike

MAY 20, 2023

Agile methodology: Adopting a flexible and iterative approach to project management, allowing businesses to quickly adapt to changing market conditions. Initially, it involved automating manual processes such as record-keeping and inventory management.

Technical Review 36

Technical Review Artificial Inteligence Retail Healthcare 36

The Strategic Project Manager

JANUARY 9, 2024

This post digs into this ambitious career objective, the required skills and attributes, strategy and project management as steppingstones to the CEO role, and attractive alternative career objectives. The role of a CEO is multifaceted, requiring a diverse skill set to effectively lead and manage an organization.

Fractional CTO 52

Fractional CTO CTO Hire Underperforming Technical Team Leadership 52

Herding Cats

MAY 10, 2019

Risk Management is essential for development and production programs. Risk issues that can be identified early in the program, which will potentially impact the program later, termed Known Unknowns and can be alleviated with good risk management. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003.

Risk Management 38

Risk Management Risk Technical Review 2002 38

Epicflow Blog

AUGUST 5, 2021

But with changes come challenges: as the smart technology becomes mainstream, it becomes clear that it will reduce the number of workers required for certain tasks both in manufacturing and in other sectors of human employment. Jobs that are at high risk for being replaced by AI. Jobs that are at low risk for being replaced by AI.

Artificial Inteligence 98

Artificial Inteligence 2025 Technical Review Software Review 98

Rebel’s Guide to PM

JULY 22, 2019

There are several ways of categorising project cost: Direct costs Indirect costs Capital costs Operating costs Project deliverable costs Project management costs. You’ll need to buy manufacturing equipment and raw materials. Capital can be managed as a different type of expense on the balance sheet but opex hits your bottom line.

Budget 293

Budget 2014 Project Cost Finance 293

TrustRadius Project Management

OCTOBER 27, 2022

The bigger you are the harder you fall–unless you have a powerful management structure for your team of course. If you want to ensure that your team can manage their complex projects and operations, ERP software may be the solution. An ERP goal is to make your team’s workload easier to manage with a robust set of tools.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

TrustRadius Project Management

OCTOBER 27, 2022

The bigger you are the harder you fall–unless you have a powerful management structure for your team of course. If you want to ensure that your team can manage their complex projects and operations, ERP software may be the solution. An ERP goal is to make your team’s workload easier to manage with a robust set of tools.

Software Review 62

Software Review Software Technical Review Artificial Inteligence 62

The Lazy Project Manager

JUNE 22, 2017

If you think about CEO’s being most often fired for mismanaging change then it is a ‘no-brainer’ you would have thought if your portfolio is a significant one and – based on Challenge 1 – Invest in the right portfolio management – it is often more significant than you might think (see previous blog).

PMO 130

PMO 2014 Finance Leadership 130

Project Pulse Journal

APRIL 25, 2024

A Project Management Office (PMO) isn't just about oversight; it's about empowering your projects to deliver real value. With the PMO structure, you can achieve higher success rates, better resource management, and improved stakeholder satisfaction. What is a Project Management Office?

PMO 52

PMO Governance Government 2014 52