MPUG

JULY 16, 2021

Please find below a transcription of the audio portion of Walter Stinnett’s session, Monitoring and Controlling Requirements, being provided by MPUG for the convenience of our members. This presentation, we’ll be discussing, monitoring and controlling requirements. Secondly, what is requirements traceability?

Monitoring 52

Monitoring Controlling Underperforming Technical Team Technical Review 52

ProjectManager.com

JANUARY 16, 2024

Work in Progress As the project moves into the execution, monitoring and controlling phase, you’ll need to keep track of the progress and performance of your team to make sure that the project is on schedule and staying within the budget. You need to monitor these resources and allocate them wisely.

Software Review 346

Software Review Software PMO Monitoring 346

ProjectManager.com

NOVEMBER 23, 2023

Net Present Value When looking at the net present value of a project, you’re viewing the excess of cash inflows beyond cash outflows, adjusting both streams for the time value of money. Internal Rate of Return Use this capital budgeting technique to find the discount rate that’ll bring a project’s net present value to zero.

Budget 343

Budget Technical Review Software Review Executing 343

ProjectManager.com

JANUARY 25, 2024

ProjectManager is award-winning project management software that can monitor resource utilization with real-time dashboards. Establish the Profitability of the Project The profitability of the project is important to project cash flow because it presents the value of future cash flows and initial project investments.

Construction 352

Construction Project Cost Budget Monitoring 352

Leading Answers

MARCH 29, 2019

I learned this week that two of my presentation submissions for the Agile 2019 conference in Washington D.C. It will be a fast-moving presentation recapping the rise, role, and results of agile approaches before moving onto emerging trends. This allowed us to review and monitor for issues before spreading approaches to more teams.

2019 78

2019 Agile Technical Review Development Team Review 78

ProjectManager.com

AUGUST 29, 2023

Change control The term for a process to systemically monitor and approve or reject any change requests made to a product or project. Modern project management software applications can streamline finding your project’s critical path to help you manage scope and monitor the project.

Software Review 391

Software Review Underperforming Technical Team Lean Event Chain 391

ProjectManager.com

MAY 19, 2022

It is the phase where you will construct your deliverables and present them to your customer and key stakeholders. This also involves controlling the scope, which is part of the monitoring and controlling phase of a project. You need to monitor the project, recommended changes and take corrective action to stay on track.

Executing 497

Executing Project Life Cycle Software Review Technical Review 497

ProjectManager.com

JULY 5, 2023

The execution phase exists at the same time as the monitoring and controlling phase. The cost breakdown is one of the tools used in monitoring the project. Control Construction Costs During execution, there’s also the monitoring and controlling phase , which we touched on above.

Construction 305

Construction Estimate Monitoring Budget 305

ProjectManager.com

OCTOBER 24, 2023

It also monitors activities on the organization’s network and IT infrastructure, which can detect breaches of company policy. That improves visibility into operations by monitoring, securing and managing assets through one platform. IT service management ensures accountability through the standardization of services.

Process 326

Process Infrastructure Information Technology Monitoring 326

Proofhub

SEPTEMBER 9, 2019

Remote Employee Monitoring to Boost Employee’s Productivity Keeping a record of the remote employees’ work is now an easy game Working remotely is now the norm. Remote Employee monitoring is the answer to all these questions. There are several reasons why monitoring their every move can enhance their throughput.

Monitoring 60

Monitoring Technical Review 2027 2025 60

ProjectManager.com

AUGUST 22, 2023

They need to monitor the work of the team to make sure that everyone is following the schedule and not exceeding budgetary constraints. Being able to monitor the project team, its progress and performance, as well as responding to any issues that might arise over the course of the project’s life cycle is also essential.

Underperforming Technical Team 283

Underperforming Technical Team Leadership Monitoring Certification 283

ProjectManager.com

JULY 18, 2023

The project executive monitors the progress of the organization’s various projects and they’re responsible for evaluating the project team and staff. In terms of projects, the project executive will monitor their progress and ensure they’re when they should be according to the project timeline.

Executing 306

Executing Monitoring Software Review Budget 306

ProjectManager.com

NOVEMBER 28, 2023

They offer easy access to information, lower training costs by streamlining onboarding and support various learning styles by presenting information in a variety of formats. Project Reporting Guidelines Project reports are vital tools to monitor progress and performance during the project’s execution and keep stakeholders updated.

Process 364

Process Executing Controlling Defining 364

ProjectManager.com

OCTOBER 11, 2023

Monitor Progress With Real-Time Dashboards Site engineers have to track the work being done at the construction site. Our software is online and has a mobile app for iOS and Android users so site managers can even stay updated and manage their work on the go. But that’s not all our tool can do to help a site manager.

Engineering 336

Engineering Construction Sustainability Technical Support 336

ProjectManager.com

DECEMBER 6, 2023

They’ll lead that project in planning, executing, monitoring and controlling as well as closing the project. The only way to know if projects are performing as planned is to monitor them and track essential metrics, such as costs, timelines, budgets and other performance metrics. But that’s only the start.

Planning 394

Planning PMO Manufacturing Logistics 394

ProjectManager.com

NOVEMBER 2, 2023

They monitor work to ensure that it is being done on time and within budget. The construction foreman will also monitor the attendance of the construction crew, allocating general and daily responsibilities. They’ll analyze cost differences to determine which are best and then write up and present the project’s budget.

Construction 310

Construction Estimate Logistics Engineering 310

ProjectManager.com

NOVEMBER 1, 2023

However, PowerPoint isn’t project management software and therefore PowerPoint Gantt charts serve only one purpose, which is to provide a visual representation of your project for a presentation. Select “Blank” Layout Let’s get started by opening PowerPoint and creating a blank presentation. Here are some of its key features.

Software Review 343

Software Review Estimate Manufacturing Construction 343

Rebel’s Guide to PM

MARCH 29, 2024

This is key to doing a presentation to management. Note: If you are part of a consortium of organizations putting forward a bid for a project, remember to separate these estimates per company, as you will also need to present the budget broken down per company. So, how do you convince an evaluator that your idea will work?

Budget 317

Budget Planning Estimate Consulting 317

ProjectManager.com

FEBRUARY 27, 2024

It’s presented to the project sponsor in a neat, organized and easy-to-digest fashion. It can help you monitor project expenses and avoid cost overruns. There’s also a column to track the actual costs for each of these categories to monitor the budgeted versus actual costs.

Planning 360

Planning Software Review Risk Management Budget 360

Rebel’s Guide to PM

JUNE 22, 2021

Progress monitoring and reporting – helps through regular overview of project progress, accomplishments, path forward, and next steps. Based on feedback from the Monitor step, incorporate feedback and adapt the plan as needed. In this step the project manager seeks input from the team and stakeholders, along with feedback.

Communications Management 346

Communications Management Underperforming Technical Team Cadence Monitoring 346

Rebel’s Guide to PM

DECEMBER 28, 2022

For example, Nicola talks about the need for monitoring and KPIs to track success and the book includes a sample scorecard. I love this stuff – my very first conference presentation was on the creation of a corporate intranet and it took a ‘knowledge’ angle. Practical tools for change management. Developing a knowledge repository.

Software Review 395

Software Review Certification Change Management Monitoring 395

ProjectManager.com

JUNE 15, 2021

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. Monitoring Progress. Monitor and report on project progress. Define project schedules, allocate resources and monitor progress.

Certification 438

Certification Prince2 Monitoring PMI 438

Rebel’s Guide to PM

APRIL 5, 2024

10 Project Management Knowledge Areas from Elizabeth Harrin FAPM You can also download a PDF version of this presentation inside my project management resource library. Join the free resource library to receive the Knowledge Area presentation as a PDF. Let's look at each of those in a bit more detail.

PMI 205

PMI Risk Management Risk Technical Review 205

Rebel’s Guide to PM

APRIL 30, 2023

However, it’s worth knowing about especially if you have a big presentation coming up or a difficult meeting to navigate, so you can think through how you want to say your piece. I used to have a sticky note on my monitor in my first project management job that said ‘speak up’ because I was known for talking too quietly.

Technical Review 446

Technical Review Influencer Closing Controlling 446

ProjectManager.com

OCTOBER 7, 2021

Risk is always present in construction projects. You can apply the work you do on your present project as you plan future projects. The contractor life cycle goes: prequalification, pre-job task and risk assessment, contractor training and orientation, monitoring of job and post-job evaluation.

Risk Management 298

Risk Management Risk Construction Monitoring 298

ProjectManager.com

APRIL 22, 2021

There are four ways to manage your communication with stakeholders: Manage them closely, keep them satisfied, keep them informed or simply monitor them. Those who are low on both influence and interest need monitoring, of course, but probably only need to be informed of big steps in the project. How to Create a Stakeholder Map.

Influencer 340

Influencer Monitoring Closing Executing 340

ProjectManager.com

FEBRUARY 14, 2022

But more than just a list of issues, you can use this free issue tracking template for Excel to monitor progress as your team works to resolve the issue. Our free project dashboard template for Excel furthers your ability to monitor and track the work being done by your team to get those issues resolved. Monitoring Issues.

Monitoring 352

Monitoring Software Review Closing Defining 352

ProjectManager.com

JANUARY 26, 2023

The project life cycle is made up of five project stages: project initiation, project planning, project execution, monitoring & control and project closing. The monitoring and controlling project phase is very important to make sure the execution goes as planned in terms of schedule , scope and budget baselines.

Project Life Cycle 205

Project Life Cycle Monitoring Executing Controlling 205

ProjectManager.com

AUGUST 17, 2022

Project directors are responsible for the successful conclusion of the project by providing leadership, strategically managing risk, monitoring finances and making sure that each phase of the project starts and ends on schedule. Create budget and monitor finances to ensure you keep to the budget. Review, approve or deny proposals.

Finance 281

Finance Monitoring Technical Review Software Review 281

Rebel’s Guide to PM

JULY 22, 2023

Monitor outcome – monitor the impact of the decision on the project. Step 5: Monitor Outcome Once the best solution is implemented, monitor the impact on the project. You’ll have to present recommendations for major decisions to the project sponsor or project board, and they will normally make the final decision.

Software Review 303

Software Review Monitoring Risk Management Governance 303

Scrum.org

JANUARY 15, 2024

When people hear about projects there are a number of functions quickly jumping to mind including providing oversight and coordination, presenting objectives and feedback, facilitating and supporting, providing business direction and insight, providing resources and direction, maintaining governance, and more.

SCRUM 154

SCRUM Monitoring Construction Governance 154

Scrum.org

JANUARY 15, 2024

When people hear about projects there are a number of functions quickly jumping to mind including providing oversight and coordination, presenting objectives and feedback, facilitating and supporting, providing business direction and insight, providing resources and direction, maintaining governance, and more.

SCRUM 151

SCRUM Monitoring Construction Governance 151

ProjectManager.com

APRIL 13, 2022

Net Present Value. Net present value is the difference between the current value of cash inflow and the current value of cash outflow in the project. It’s always a positive and the one with the highest net present value is the best project to select. Constrained Optimization Methods.

Software Review 298

Software Review Project Life Cycle Manufacturing Executing 298

ProjectManager.com

AUGUST 11, 2022

This process can be broken down into five phases: information, creative, evaluation, development and presentation. The team should present their ideas and describe the advantages and disadvantages of each. Presentation Phase. The team now presents its winning solutions to management and stakeholders. Information Phase.

Engineering 321

Engineering Construction Manufacturing Software Review 321

ProjectManager.com

DECEMBER 20, 2019

You’re also going to need a review method in place to monitor the effectiveness of your communications. Now document what you’ve learned from this research and apply it to the present communication plan. Monitor Your Project Communications. What are you going to achieve with your communication plan? Well, begin with a list.

Planning 534

Planning Underperforming Technical Team Monitoring Defining 534

Rebel’s Guide to PM

AUGUST 7, 2023

Finally, implement your chosen solution and monitor its progress over time so that any necessary adjustments can be made as needed. But ultimately, the goal is for something positive (or at least neutral) to come out of the helpful process so that whatever challenge was initially presented can be effectively addressed.

Technical Review 327

Technical Review Monitoring Consulting Development Team Review 327

ProjectManager.com

AUGUST 12, 2020

Project managers are the ones tasked with planning, monitoring and managing the teams, but PM’s can’t manage it all alone. You will be responsible, among other things, for coordinating project activities, maintaining and updating the project schedule, managing assignments, monitoring progress and communicating to the project team.

Certification 278

Certification Monitoring Healthcare Estimate 278