Epicflow Blog

AUGUST 10, 2021

So, we need a certain reference point to be able to track the project’s progress and make sure that the project hasn’t taken the wrong turn. Also, schedule baseline makes it possible to monitor the project’s progress as long as you can compare the delivered work over a certain period of time with what has been planned.

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ProjectManager.com

JANUARY 21, 2022

The scope baseline is used as a reference to monitor project progress and compare actual versus planned results. Here’s a shot of the whiteboard for your reference! Create a scope management plan to monitor scope and avoid common issues such as scope creep. Thanks for watching!

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ProjectManager.com

AUGUST 23, 2023

To understand what project health is let’s define it and the areas that should be monitored to make sure your project is healthy. Project health refers to the status of one’s project in terms of its overall functionality and whether it’s progressing as planned towards a successful delivery. What Is Project Health? Learn more.

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Monitoring Risk Management Budget Risk 294

Rebel’s Guide to PM

APRIL 10, 2023

He recommends being pragmatic with monitoring. Practical advice I’ll refer to again The only point I disagreed with was that late on in the book, when Moore is discussing adaptive project management, he describes Wikipedia as a project. Why force project managers to record a whole lot of figures that you then do nothing with?

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Project Risk Coach

MARCH 28, 2023

How will the team identify, evaluate, develop risk response plans, and monitor risks? These higher risks are sometimes referred to as urgent risks. Domain 5: Monitor Risks and Close Lastly, we monitor risks and close them, when appropriate. Monitoring risks involve periodic risk reviews. mitigate, transfer).

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ProjectManager.com

OCTOBER 17, 2023

The construction budget will also be referred to as well as the larger construction plan. According to the Project Management Institute (PMI), a project life cycle “consists of five distinct phases including initiation, planning, execution, monitoring and closure that combine to turn a project idea into a working product.”

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ProjectManager.com

MARCH 1, 2024

Set Baselines to Compare Planned vs. Actual Effort With Real-Time Progress Shading It’s critical to monitor your baseline if you want to stay on schedule and within your budget. Resource Utilization: Assign tasks to team members, track their work hours and monitor their workload.

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Rebel’s Guide to PM

OCTOBER 1, 2023

It’s the process of monitoring and checking quality. Either way, if you have internal quality standards, you can reference them or link to the intranet page where readers can find out more. If you don’t have anything you can reference to save yourself a job, here’s what to include. Link to any standard operating procedures.

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ProjectManager.com

AUGUST 23, 2023

Time refers to the project schedule, which organizes tasks with start dates and end dates. There is no difference between them other than what they’re referred to. ProjectManager is award-winning project management software that gives you the tools to monitor and control your project scope, time and budget.

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ProjectManager.com

AUGUST 31, 2023

The Continuous Improvement Process The continuous improvement process is sometimes referred to as the PDCA cycle. Check Monitor and test the results of the plan to prove that it is in fact improving whatever was targeted for improvement. That’s the initials for each of the four steps in that process: plan, do, check and act.

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ProjectManager.com

JANUARY 11, 2024

The Project Management Body of Knowledge (PMBoK), published by the Project Management Institute (PMI) refers to resource smoothing as “a technique that adjusts the activities of a schedule model such that the requirements for resources on the project do not exceed certain predefined resource limits.”

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Project Risk Coach

OCTOBER 18, 2021

If you review the Reference Materials in the PMI-RMP Pilot Content Outline , you will see that PMI refers us to two resources (among others): PMBOK® Guide, 6th Edition The Standard for Risk Management in Portfolios, Programs, and Projects (2019) Therefore, expect to see risk management questions for portfolios and programs, as well as projects.

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ProjectManager.com

AUGUST 16, 2023

Here’s a shot of the whiteboard for your reference! Monitoring the health and happiness of your team may not seem like a priority, but if you want to have a successful project you have to do just that. You can monitor the status of your work and make sure you’re staying on track.

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ProjectManager.com

FEBRUARY 22, 2024

It was invented in the 1910s as a means to visualize the project schedule, manage and monitor the project tasks and resources more efficiently. They will serve project managers throughout the life cycle of the project, while teams likely won’t reference them. Gantt charts have come a long way in the 100+ years of their existence.

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Project Risk Coach

SEPTEMBER 12, 2022

New PMI® Standards The new PMI-RMP® Exam Content Outline and Specifications (March 2022) includes Reference Materials. Domain Percent of the Exam Risk Strategy and Planning 22% Risk Identification 23% Risk Analysis 23% Risk Response 13% Monitor and Close Risks 19% And these are different than the previous set of domains.

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ProjectManager.com

MARCH 19, 2024

It’s sometimes referred to as an invitation for bid (IFB). ProjectManager is award-winning project and portfolio management software with robust Gantt charts to monitor resources to ensure they’re aligned with the terms and conditions of the contract. To do that you need project management software.

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ProjectManager.com

MARCH 7, 2024

Defines How Your Business Will Operate The functional aspect of organizational strategy refers to how each part of the business will operate. Organizational Culture: This refers to how an organization conducts itself as a whole in a different way from how others do.

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ProjectManager.com

AUGUST 22, 2023

Project planning is the second stage in project management, after initiation and before execution, monitoring and controlling and closing. It also involves monitoring the team and their workload to make sure they’re working at capacity without being overburdened. The goal is team building, which leads to a more effective project team.

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ProjectManager.com

OCTOBER 10, 2023

Manufacturing cycle time, also referred to as throughput time, is the amount of time spent working on an item from raw materials to finished product. Project management software can help manufacturers plan, track and monitor their cycle time. Another way to refer to it is time from order to dispatch.

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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. She also references the emotional response to closing out a big piece of work and how to manage that, which is something we think about for the people affected by the change, but not for the change makers themselves.

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ProjectManager.com

FEBRUARY 27, 2024

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. That’s why using our free project budget template for Excel is such a vital part of any project planning template offering.

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ProjectManager.com

DECEMBER 13, 2021

Here’s a screen shot of the whiteboard for your reference! Project managers are in charge of managing teams during the initiating, planning, scheduling, monitoring and closing phases of a project. Monitor all the project management knowledge areas of a project, such as task, resource and time management.

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Project Life Cycle Prince2 Certification PMI 414

ProjectManager.com

AUGUST 16, 2022

Business processes refer to any activity or set of activities used to help accomplish an organization’s enterprise goals, across systems, employees, customers and partners. That requires knowing the five stages of the BPM lifecycle: design, model, execute, monitor and optimize. Create and Monitor Visual Workflows for Teams.

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ProjectManager.com

MAY 21, 2021

into a written form that is easy to understand and refer back to. This means no more jumping between different tabs and windows to refer back to key documents and correspondences. When all your documents live in one place, you also can refer to project plans, schedules and more as the contract is being written.

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ProjectManager.com

JULY 13, 2022

Whether you call it a material takeoff, quantity takeoff, construction takeoff or simply takeoff, the reference remains the same. This refers to the number of individual items that you require. Now you have the tools to monitor your resources, including monitoring and balancing your crew’s workload to keep them working at capacity.

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ProjectManager.com

MAY 12, 2021

The term “time and materials” refers to the amount of time and construction materials that a contractor or subcontractor requires to execute the project. Time and materials are often referred to by the shorthand T&M. Plan, monitor and report on your project. What Are Time and Materials on a Construction Project?

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Rebel’s Guide to PM

MAY 3, 2022

Reference the business case and any prior documentation. It’s always easier to reference other documents than try to reproduce them in here. In this part of the document include or at least make reference your product breakdown structure, and Work Breakdown Structure if you have them, major deliverables, or other products.

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ProjectManager.com

NOVEMBER 27, 2019

Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing. This process is monitored, analyzed and reported on to identify and control any changes or problems that might occur. Project Cost Management.

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ProjectManager.com

DECEMBER 13, 2023

Every project has five phases: initiation, planning, executing, monitoring and controlling, and, finally, closure. Labor estimates refer to the human resources who execute the tasks. Monitor Labor Costs With Timesheets One of the budgetary costs that can quickly get out of control is your labor costs.

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ProjectManager.com

AUGUST 23, 2022

It serves the task management plan, which is a process to monitor your team’s tasks from start to finish. Percent complete is one way a project manager can track progress, which is one of the most important aspects of a project to monitor. The percent complete, again referring to our example above, is 50 percent.

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ProjectManager.com

AUGUST 22, 2023

A project leader, also referred to as a project lead, is the driving force for the team, offering everything from assignments to conflict resolution. They need to monitor the work of the team to make sure that everyone is following the schedule and not exceeding budgetary constraints.

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Project Risk Coach

JUNE 4, 2023

A proactive approach to risk management, including risk identification, assessment, mitigation planning, and regular monitoring, is essential to minimize their impact on project outcomes. Scope Creep and Change Mismanagement Scope creep refers to uncontrolled and unauthorized changes to project scope.

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ProjectManager.com

JULY 5, 2022

Think of the business case as a document that is created during the project initiation phase but will be used as a reference throughout the project life cycle. Project governance refers to all the project management rules and procedures that apply to your project. Monitor in real time with ProjectManager’s live dashboard.

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Project Risk Coach

APRIL 26, 2021

Furthermore, you may wish to set aside some money for the risks that no one knows about , sometimes referred to as unknown, unknown risks. But you must monitor your expenses as compared to the budget baseline regularly. Wise project managers identify risks, estimate the cost for these risks, and create a contingency reserve.

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ProjectManager.com

AUGUST 9, 2023

Timesheet management is the monitoring of employee timesheets and the analyzing of those timesheets for time-tracking purposes. This allows managers to monitor their work and make sure they’re proceeding on schedule. Save Timesheets for Future Reference All timesheets should be archived for a couple of reasons.

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ProjectManager.com

JUNE 24, 2020

In project management, float, sometimes also referred to as “slack,” is a number that indicates the amount of time a task can be delayed without impacting subsequent tasks or the project’s overall completion. To start, monitoring a project’s total float (TF) is crucial to ensuring that the overall project is going to be delivered on time.

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ProjectManager.com

MARCH 8, 2022

In order to manage your resources, you have to monitor and track their performance throughout your project. These are the tools that project managers use to apply resource management techniques to plan, use and monitor project resources. This quick guide will how you just how to do that. Resource Management Tools.

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