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What Is Job Costing? When to Use a Costing Sheet (Example Included)

ProjectManager.com

Job costing is a type of accounting method that helps identify project costs and track them to keep to your budget. It tracks all costs and revenue associated with a particular project and is commonly used in construction projects, but it can also be found in manufacturing, engineering, retail, logistics, healthcare and more.

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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Kanban and scrum are agile project management methodologies that can be used for similar purposes, but each has its unique pros and cons. As a project manager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?

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What is Project Management

MPUG

Project Management is a systematic and organized approach to planning, coordinating, and overseeing the work of a team to achieve a specific goal. It involves defining the project scope and objectives, creating a detailed plan, and identifying the resources and schedule required to complete the project.

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Risk Management Resources

Herding Cats

Risk Management is essential for development and production programs. Information about key project cost, (technical) performance, and schedule attributes is often uncertain or unknown until late in the program. Effective Risk Management 2 nd Edition , Edmund Conrow, AIAA, 2003. Risk Management Papers. “A

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The Basics: Artificial Intelligence for Strategic PM’s

The Strategic Project Manager

This post makes an initial attempt to describe what Artificial Intelligence is, where it might apply in the world, and the impacts to organizational strategy and project management. This can include things such as scientific research, sales, manufacturing, security, and logistics. So let’s go right to the source!

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How to Manage Procurement on Projects

MPUG

I was chatting recently with a couple of project managers developing vehicle products. The discussion turned toward supplier management, and I asked them how much travel is involved in their work, especially regarding supplier interactions. Managing procurement on projects comes in three main parts.

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A Compendium of Risk Management Resources

Herding Cats

This blog page is dedicated to the resources used to manage the risk encountered on software-intensive systems using traditional and agile development methods. Let's start with a critical understanding of the purpose of managing risk on software development projects. reducible and irreducible ? De Meyer, C.