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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. The scrum master is the team expert on the process, and they are instrumental in guiding the team to optimize the use of scrum in the project.

SCRUM 412
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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects vs operations The short answer to the question: “What’s the difference between projects and operations?” Projects change the business. The status quo is good but project managers keep changing things!

Retail 407
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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

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
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

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. This is usually a multi-year project, often four to six years. A financing plan will have to be created, estimating the overall cost of each project.

Planning 329
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What Is a Cost Breakdown Structure (CBS) In Project Management?

ProjectManager.com

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.

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10 Free Manufacturing Excel Templates

ProjectManager.com

But more than that, it then translates those columns of numbers into a visual timeline that you can color code to make it easy to see the different stages of your manufacturing process. The Gantt chart is the cornerstone of any project schedule. What you get is a high-level view of your manufacturing process whenever you want it.

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

The causes of risk vary by project, but the need to identify it is a constant where a project manager adds value. It’s our job to facilitate the discussion and extract those risks so they can be actively managed: that’s the risk management process. Plus, there should be a business case for the project! Reduced budget.

Risk 320