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Stakeholder Mapping 101: A Quick Guide to Stakeholder Maps

ProjectManager.com

Map your stakeholders and keep them in the loop with ProjectManager.com’s project management features. A stakeholder map is a visual, four-quadrant influence-interest matrix used to identify stakeholders and categorize them in terms of their influence and interest in the project. Try it for yourself today!

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

ProjectManager.com

The price for the product or service is then developed by using a cost breakdown analysis to figure out how much the product or service costs and then adds the profit margin. This is further broken down into direct and indirect costs. For one, a resource breakdown structure is a list of resources, not costs.

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Project Controls: A Quick Guide

ProjectManager.com

Think of project controls as the mechanism that keeps a project on schedule when planning and executing, keeping costs within budget. This means saving the project and the organization time and money. Furthermore, project controls help to answer important questions about the project. Project Implementation.

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How to Create a Performance Measurement Baseline for Your Projects

ProjectManager.com

The whole project is part of a performance measurement baseline, but it’s broken up by project scope, project schedule and project cost baselines. The schedule baseline is made up of project activities and the cost baseline is the budget allocated to those activities.

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

As such, you may have a bit more influence on these if appropriate actions are taken early. Once common risk is lack of support from a key project sponsor. As the excitement of a project fades, you might see sponsors stop attending meetings, not making key decisions, or not showing much interest in the project’s success.

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10 Project Constraints That Endanger Your Project’s Success

ProjectManager.com

One of the biggest challenges of every project manager is project constraints. They limit a project, and they can quickly endanger your project’s success. Hence, it’s important to know all possible constraints, their influences on each other and the project management tools that address those constraints.

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Creating a Project Budget in 7 Steps

Teamweek

Cost estimation isn’t simple — but creating a project budget that works for you and your client is practically an art form. It drives your decisions, influences your clients’ opinions, and is at the back of your mind almost every turn. What is a project budget? What should a project budget include?

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