Epicflow Blog

AUGUST 31, 2021

Reduction of project costs and at least avoiding significant cost overrun is one of the high priority tasks for a project manager. However, it usually becomes challenging due to a great number of factors: underestimation of project costs, uncontrolled changes, poor resource allocation, etc.

Project Cost 98

Project Cost Underperforming Technical Team Software Review Budget 98

ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. It’s essential to keep projects successful for any organization to thrive.

Underperforming Technical Team 330

Underperforming Technical Team Risk Management Software Review Budget 330

ProjectManager.com

NOVEMBER 23, 2023

The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.

Budget 340

Budget Technical Review Software Review Executing 340

Rebel’s Guide to PM

JANUARY 31, 2024

Everyone wants their projects to be “quality” but I often get asked about how to manage project quality in real life. What does it mean to “do” project quality? You probably already know that you need a quality management plan , and that management, assurance and control are the pillars of doing it right.

Software Review 330

Software Review Technical Review Budget Defining 330

ProjectManager.com

APRIL 26, 2023

Then we’ll go a step further by offering free templates and software that can help with construction project management. Construction specifications are the products, materials and work that are defined in a construction contract between a construction owner and the construction manager hired to deliver the project.

Construction 280

Construction Software Review Estimate Executing 280

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start?

Project Life Cycle 358

Project Life Cycle Software Review Infrastructure Risk Management 358

PM Basics

SEPTEMBER 8, 2022

I’ve been managing software development projects for more than 11 years. Risk management is arguably the most crucial piece in my project management approach. Therefore, I spent lots of time and effort creating a practical risk management process. So, let’s dive in!

Risk Management 104

Risk Management Risk Process Underperforming Technical Team 104

ProjectManager.com

OCTOBER 18, 2022

In order to accomplish those goals and meet a tight deadline and an even tighter budget, you need these 10 free manufacturing Excel templates. A production schedule template is an essential part of your supply chain management. Gantt charts have been essential project management tools for over a century.

Manufacturing 319

Manufacturing Software Review Risk Management Underperforming Technical Team 319

ProjectManager.com

JULY 26, 2023

Before you can start a project — even before you can plan it — you first need to define the project in detail. This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups.

Initiating 279

Initiating Software Review Prince2 Risk Management 279

ProjectManager.com

AUGUST 22, 2023

Knowing how to start a project is one of the most critical skills for any project manager. A large project (or a small one) starts with the small stuff and builds to something bigger and more complex. 10 Simple Steps to Start a Project Projects can seem complicated and they certainly can be.

Estimate 267

Estimate Budget Defining Risk Management 267

ProjectManager.com

SEPTEMBER 2, 2021

Most projects have stakeholders that expect a return on their investment. For that to happen, the project must meet its deadline and stay within budget. To create a project budget, you first need to create a cost baseline so you can compare planned spend to actual spend. Try ProjectManager free today!

Estimate 308

Estimate Software Review Budget Project Cost 308

ProjectManager.com

FEBRUARY 3, 2022

But there are a lot of elements to any successful project charter. If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. We’ve included a free project template charter to help as an example of what a project charter should include.

Risk Management 510

Risk Management Budget Defining Software Review 510

ProjectManager.com

JULY 5, 2018

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.

Technical Review 362

Technical Review Sustainability Software Review Risk Management 362

PM Basics

NOVEMBER 2, 2020

In this article, you’ll find the real-life project risk management plan example. It comes from my practical experience working on software development projects. Below the example, you’ll find all the required information and resources to create your Risk Management Plan quickly and for free.

Risk Management 105

Risk Management Risk Planning Technical Review 105

Rebel’s Guide to PM

APRIL 24, 2023

Projects and operations are both necessary for businesses to succeed, but they require different approaches. When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects change the business. The status quo is good but project managers keep changing things!

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Retail Governance Government Healthcare 405

Binfire

DECEMBER 11, 2023

This is the part where project management principles come into play. Companies can improve results and reduce risks by using project management principles in online assessments. This blog post will discuss how project management principles can improve online assessment results.

Development Team Review 78

Development Team Review Technical Review Software Review Monitoring 78

ProjectManager.com

JANUARY 6, 2020

It’s a timeless illustration of a communication breakdown—now imagine that happening over a year-long project. Even if you’ve built an airtight project plan, you’re not getting past your first milestone without proper communication management. What is Project Communication? Why is Communication Management Important?

Communications Management 250

Communications Management Software Review Risk Management Budget 250

Inloox

APRIL 16, 2024

SWOT analysis in the project management context Why should I conduct a SWOT analysis? How to perform a SWOT analysis Once the SWOT analysis is completed: 5 key approaches for strategy development Concrete example: SWOT analysis in a software development project Conclusion 1. Content What is a SWOT analysis?

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Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

ProjectManager.com

NOVEMBER 19, 2021

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups.

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Process Monitoring Controlling Software Review 306

ProjectManager.com

AUGUST 21, 2019

Many costs can appear over the life cycle of a project, and an accurate estimation method can be the difference between a successful plan and a failed one. Projects bring risks, and risks bring unexpected costs. Excluded costs. Independent reviews of estimates. Availability of valid data.

Estimate 310

Estimate Technical Review Project Cost Governance 310

Teamweek

AUGUST 1, 2022

You’ve billed a client for 50 hours of work, but the project is slowly creeping towards 75 hours. Research, meetings, and revision requests have taken longer than you bargained for. The project is spiraling out of control, scope creep is closing in, and you’re losing sleep because of all the stress.

Estimate 52

Estimate Project Cost Web Development Software Review 52

Project Pulse Journal

MAY 8, 2024

By: Hajime Estanislao, PMP, CSM Have you ever wondered how top project managers deliver complex projects on time, even when unexpected changes and challenges arise? Project scheduling is more than just plotting tasks on a calendar. What is Project Scheduling and Scope Creep?

Technical Review 52

Technical Review Software Review 2024 Estimate 52

nTask

DECEMBER 8, 2020

Resource Planning in project management has been gaining traction for a while now. These qualifications have evolved due to the challenges that are faced by the companies in the project management paradigm – and that too on daily basis. What is Resource Planning in Project Management?

Underperforming Technical Team 158

Underperforming Technical Team Planning Development Team Review Software Review 158

The IIL Blog

OCTOBER 17, 2023

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects.

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Development Team Review Project Life Cycle Underperforming Technical Team Estimate 148

ProjectManager.com

SEPTEMBER 23, 2020

Projects cost money. Being able to manage and track expenses is what keeps the project within a budget. Stakeholders are not likely to consider the project a success if it costs them too much. Remember the triple constraint: cost, scope and time. In Review: How to Track Expenses.

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Budget Software Review Controlling 2020 397

Wrike

JULY 29, 2021

Project planning is all about accuracy. With about 28% of projects failing due to imprecise cost estimates, it’s clear that your project plan deserves time and attention. What is the definition of cost overrun? What is the definition of cost overrun? Common reasons for cost overruns in projects.

Technical Review 36

Technical Review Software Review Estimate Budget 36

Teamweek

AUGUST 25, 2023

To help you avoid this, we’ve created this guide with tips and best practices for how you can create a solid project baseline that sets your project up for success. What is a project baseline in project management? A project baseline in project management is a clearly defined starting point for your project.

Estimate 98

Estimate Software Review Monitoring Project Cost 98

Resource Guru

JANUARY 17, 2023

We might think that “oh, I don’t need a project scope, I’ve done thousands of projects like this!”. As project managers, defining and planning projects is what we do. That means everything starts with creating a project scope. What is scope in project management? Manage project cost.

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Defining Technical Review Software Review Project Life Cycle 98

ProProfs Project Management

MAY 15, 2020

A project comprises thousands of elements, which makes tasks related to management tough. It is one of those reasons why businesses invest a big chunk of money to get a diligent project manager and executives on board. . Well, these 100+ project management statistics & facts will leave you stunned!

Software Review 105

Software Review Underperforming Technical Team Estimate Budget 105

Wrike

OCTOBER 4, 2023

Accurate construction cost estimates are crucial for successful project planning and execution. A well-developed budget lays a solid foundation for managing costs and ensures that projects are completed within financial constraints. Contingency funds: Account for unforeseen circumstances and potential risks.

Construction 36

Construction Estimate Budget Technical Review 36

Function Point

APRIL 12, 2023

But a lack of emphasis on the agency project management process can seriously derail your creative team’s best efforts. This is where a Project Management Checklist can help keep you on track. Even the most organized project managers need to take time to regularly reevaluate processes for efficiencies.

Underperforming Technical Team 98

Underperforming Technical Team Risk Management Technical Review Software Review 98

LiquidPlanner

OCTOBER 6, 2022

If this is the first time you’re implementing time tracking software, you are likely to experience some pushback from the team. Workers may cite that estimating and tracking their time is a menial task, that it takes too much time, or that it’s an unnecessary step in managing projects effectively. Manage scope creep.

Software Review 148

Software Review Estimate Leadership Project Life Cycle 148

nTask

MARCH 25, 2022

Another consequence that your company or team might face due to improper closure of a project is unofficial project hand-off. It is always promising to transfer all the documents and reports of the project to the client officially and transfer your responsibility. What were the risks and issues?

Software Review 88

Software Review Closing Estimate Risk Management 88

MPUG

MAY 15, 2023

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.

Technical Review 52

Technical Review Underperforming Technical Team Software Review Risk Management 52

Herding Cats

MAY 10, 2019

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

Risk Management 38

Risk Management Risk Technical Review 2002 38

Wrike

MARCH 23, 2023

In the world of enterprise financial services, project management has become a crucial part of any successful organization’s strategy. By implementing project management software, financial services professionals can streamline their processes, enhance collaboration, and improve efficiency.

Software Review 36

Software Review Software Sustainability Risk Management 36

Planio

OCTOBER 23, 2023

Ask a hundred project managers what one of their biggest sources of frustration is and at least half will tell you some variation of the same theme: resource allocation. Whether it’s people, raw materials, or cold hard cash, projects can’t function without resources. As you can see, resource management is full of pitfalls.

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Estimate Underperforming Technical Team Software Review Budget 88