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Project Cost Management: What You Need to Know and Do

Online PM Courses

Project Cost Management is hard. But there's little your sponsor, client, or Finance Director care about more than your budget and how you control it. The post Project Cost Management: What You Need to Know and Do appeared first on OnlinePMCourses.

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Business Acumen for Project Managers [Free Checklist]

Rebel’s Guide to PM

It’s also something mentioned in the standards for professional project management bodies. Apparently, business acumen is something that project managers should have. In 2022, PMI updated the Talent Triangle to include business acumen. It really is a core skill for project professionals. What is business acumen?

PMI 386
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Most Common Project Management Roadblocks to Avoid for Better Outcomes

Project Bliss

Here are six of the most common project management challenges and what to do in order to achieve better outcomes for your team and your projects. Project Bidding Issues. Accurately estimating project costs for bidding is important for landing the project and making it profitable.

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

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. In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. Project Budget Risks. We have the solution!

Risk 320
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10 Knowledge Areas of project management (PPT & PDF included!)

Rebel’s Guide to PM

PMBOK 7 talks about the 8 project performance domains. Material on the Knowledge Areas can still be found in the PMI web guidance which members have access to, called Standards Plus. This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition.

PMI 205
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What Are the Benefits and Importance of Mass Customization?

The Strategic Project Manager

Michael Porter, in his talk to the PMI about strategy and project management , identified two types of benefits drivers for projects: cost savings and strategic. Mass Customization provides the opportunity for a hybrid type of project combining the two. Additional Resources. Mass Customization , by Investopedia.

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What is ROM and how to calculate it (with example)

Rebel’s Guide to PM

A rough order of magnitude estimate is used to give you a very high level view of potential project costs. Ideally, you’d be able to provide a definitive estimate, carefully created from loads of input from subject matter experts and plenty of research on past projects and their budgets. What is a ROM estimate?

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