The IIL Blog

APRIL 10, 2024

By Steven Briggs April 10, 2024 Introduction As the world of business management continues to evolve, the opportunities and interest in the field has grown exponentially. What Is Business Management? From planning to execution, and marketing to accounting, today there’s a growing demand for business managers in all fields.

2024 78

2024 Finance Certification Risk Management 78

ProjectManager.com

JANUARY 31, 2024

A balanced scorecard is a strategic management performance metric. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth.

Performance Measurement 399

Performance Measurement Governance Government Initiating 399

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. Planning and managing these resource costs in an IT budget can be facilitated by project management software. ProjectManager’s Gantt charts help you plan, manage and track IT costs.

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

Budget 332

Budget Estimate Software Review Executing 332

ProjectManager.com

AUGUST 17, 2022

The project manager is on the ground, running the team and keeping the daily operations of a project running smoothly. But who looks after the project manager? In project management, that position is called a project director. Project management tends to be a hierarchical methodology that has numerous tiers of command.

Finance 284

Finance Monitoring Technical Review Software Review 284

ProjectManager.com

JULY 19, 2022

While construction project management includes all plans and schedules for the project, without the goods and services provided by procurement in construction, it’s only an idea and not a structure. Let’s look at procurement in construction, the methods used and the role of the construction procurement manager. Learn more.

Construction 281

Construction Finance Underperforming Technical Team Logistics 281

ProjectManager.com

FEBRUARY 22, 2023

One way to achieve these goals is through operations management. Learn what operations management is and its key functions. Operations management can be applied to any industry and will help you better run every aspect of your business. What Is Operations Management?

Software Review 329

Software Review Technical Review Manufacturing Logistics 329

MPUG

APRIL 26, 2021

Risks were identified, then qualified, and risk responses planned. For implementation of these risk responses, a number of actions were needed. Some were taken, but most ignored or overlooked because of other projects and lack of understanding of risk management at an organizational level.

Governance 122

Governance Government Risk Management Risk 122

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 369

Construction Estimate Budget Monitoring 369

ProjectManager.com

FEBRUARY 1, 2024

Asana vs. Monday is a matchup made for project management professionals. Asana vs. Monday are both similar project management tools. They have features, such as project tracking, workflow automation and other standard project management software features. Not convinced that ProjectManager is a superior project management tool?

Software Review 357

Software Review Software 2024 2008 357

TechEmpower - Project Management

MARCH 4, 2024

It plays a crucial role in product development too, where generative AI speeds up design processes, streamlines testing, and tailors user experiences effectively. By processing and analyzing large datasets, AI can identify emerging trends, enabling companies to align their product strategies with future market demands.

Generative AI 118

Generative AI CTO Hire Fractional CTO Healthcare 118

Scrum.org

JULY 10, 2018

Often I hear people say that Scrum does not take care of risk: there is no risk log, risk is not on the agenda of the Sprint Review or Retrospective as a standard agenda-item. That's a risk right there! How is risk managed in Scrum? Scrum is all about risk management. Different types of risks.

Risk Management 120

Risk Management Risk Technical Review Underperforming Technical Team 120

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. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 346

Budget Technical Review Software Review Executing 346

Wrike

JUNE 11, 2023

Tracking business expenses is a vital aspect of managing finances. With the right tools and processes in place, businesses can efficiently monitor and control their expenses, ultimately leading to financial stability and growth.

Finance 36

Finance Software Review Budget Software 36

ProjectManager.com

JUNE 14, 2022

What is an exception report in project management and how do you use one? Let’s define the term and explain its use in managing projects that are veering off-track. We’ll show you some exception report examples and how project management software can keep you on schedule and within budget. What Is an Exception Report?

Finance 273

Finance Risk Management Software Review Controlling 273

Leading Agile

FEBRUARY 29, 2024

You are at risk of a data breach. Once you start losing customers, are threatened with lawsuits, there’s a breach, or you are about to lose a vital compliance certification, the risk to your company becomes existential. Assess each capability’s Business Value, Performance in Role, and Risk.

Technical Review 144

Technical Review Software Review Agile Governance 144

ProjectManager.com

JULY 5, 2022

Can project management software facilitate this work? The capital improvement plan is used to coordinate between community planning and fiscal management to determine the location, timing and financing of the capital improvement. Creating a long-term, substantial capital improvement plan is aided by project management software.

Planning 329

Planning Finance Underperforming Technical Team Software Review 329

Wrike

JANUARY 30, 2024

There is so much fierce competition, as people will fight tooth and nail to maintain their finances and reputations. For ambitious companies, the solution lies in process improvement, a method of bettering your processes and aligning them with your business growth strategy. So, what’s the answer to getting ahead of the others?

Process 60

Process Lean Manufacturing Technical Review 60

ProjectManager.com

OCTOBER 14, 2021

Managing a project is difficult. You need to be aware of the project environment and prepare for its influence on your project throughout the project management life cycle. A project environment is all the internal and external forces that exert on your project management. It’s sort of like managing risk in that way.

Closing 329

Closing Initiating Influencer Software Review 329

ProjectManager.com

DECEMBER 20, 2023

Finally, we’ll offer links to a few free construction project management templates to help manage industrial construction projects. Being able to manage all these elements, including scheduling and the costs involved in industrial construction requires project management software. The permitting process is also different.

Construction 348

Construction Transportation Manufacturing Energy 348

Rebel’s Guide to PM

APRIL 24, 2023

When it comes to managing them effectively, understanding the differences between projects and operations is key. Ops managers want (and seek) stability so they can manage process performance. The status quo is good but project managers keep changing things! Projects change the business.

Retail 407

Retail Governance Government Healthcare 407

Wrike

JULY 28, 2023

Risk management is an essential process for businesses to identify and mitigate potential risks that could impact their operations. Fortunately, there is a valuable tool that can greatly aid in this process – the risk assessment template.

Risk Management 36

Risk Management Risk Technical Review Finance 36

Techno-PM

SEPTEMBER 2, 2022

Managing a company comes with many responsibilities. To run your business successfully, you have to look over multiple operations simultaneously such as finance, marketing, human resources, technology, equipment, etc. Risk Management Framework (RMF) provides your business security, efficiency, and effectiveness.

Risk Management 36

Risk Management Risk Finance Governance 36

Wrike

SEPTEMBER 3, 2023

In today’s fast-paced business environment, organizations rely heavily on effective asset approval processes to ensure streamlined operations. Implementing efficient asset approval workflows is crucial for companies to effectively manage their resources, reduce delays, and mitigate risks.

Technical Review 36

Technical Review Process Software Review Artificial Inteligence 36

ProjectManager.com

APRIL 1, 2019

It’s one of the paramount actions that a leader, project manager or team leader is responsible for. Related: Top 10 Project Management Responsibilities. And always update these steps throughout the process. There must be status updates and a quick response to issues and risks as they arise in the project.

Executing 255

Executing Planning Software Review Monitoring 255

Rebel’s Guide to PM

MAY 3, 2022

Your project management plan is more than just a schedule of work. A project management plan is a document that sets out how you are going to do what you’re going to do. It’s a guide to how the project will be managed. So what does go in the project management plan ? That’s a comprehensive list!

Planning 322

Planning Software Review Risk Management Estimate 322

nTask

DECEMBER 26, 2021

Business process management has taken the front seat in recent years. Keeping in view the steady increase in business process management, it is estimated that the market will be worth $13 to $14 billion soon. Process management tools are your best option in this case. What Are Process Management Tools?

Software Review 78

Software Review 2022 Process Software 78

ProjectManager.com

AUGUST 4, 2022

That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. It’s a system for organizing and financing the design, construction, operations and maintenance services for the build on which you’re working, be it in a structure or facility.

Construction 304

Construction Risk Management Risk Closing 304

Productivity Land

MARCH 5, 2024

In the current climate of economic unpredictability, safeguarding a business’s financial health demands a proactive strategy, focusing mainly on effective cash flow management. This reserve can cover unexpected expenses or downturns in revenue without securing emergency financing.

Finance 52

Finance Software Review Closing Sustainability 52

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 249

Manufacturing Estimate Project Cost Influencer 249

Techno-PM

SEPTEMBER 27, 2022

Regardless of the status of your company — established or a start-up — you require a functional and well-maintained management framework to accomplish your goals. Every company requires a different approach, and primarily, there are two types of tools: business process management and project management.

Process 36

Process Finance Monitoring Sustainability 36

Wrike

OCTOBER 6, 2023

In the world of project management, uncertainty is an ever-present element that can greatly impact the success or failure of a project. It is essential for project managers to understand the nature of uncertainty and how it manifests in various forms. This uncertainty can impact project timelines and deliverables.

Risk Management 36

Risk Management Risk Technical Review Underperforming Technical Team 36

ProjectManager.com

JUNE 28, 2018

It can mean different things within various organizations or circumstances, but there is a way to broadly outline this business process improvement methodology and define its beginnings, its, rise, its use and its implementation. As noted, it’s a methodology used to improve the quality of an output in a process. What Is Six Sigma?

Lean 417

Lean Manufacturing Transportation Sustainability 417

MPUG

MARCH 20, 2023

The Project Manager (PM) must understand and articulate the goals and objectives. Engage stakeholders in the goal-setting process to ensure everyone is aligned and understands what is expected of them. Requirement management plan. Change management plan, is connected to baselines for scope, schedule, and costing.

Executing 110

Executing Finance Technical Review Software Review 110

Wrike

JUNE 11, 2023

The importance of risk management in IT cannot be overstated. However, with this reliance comes the inherent risks of cyber threats, data breaches, and operational disruptions. Once the risks have been identified and assessed, organizations must develop and implement strategies to manage and mitigate them.

Risk Management 36

Risk Management Risk Underperforming Technical Team Technical Review 36

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

ProjectManager.com

MARCH 8, 2018

If you’re looking for a program manager, then that means you’re looking for someone to manage a project portfolio. A program manager is just that, a person who is responsible for managing several projects at once, and they might even have to manage many programs.

Certification 233

Certification Finance Monitoring Software Review 233