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. Short Glossary of Project Risk Management.

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Risk Management Risk Process Underperforming Technical Team 104

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. What is a SWOT analysis?

Artificial Inteligence 100

Artificial Inteligence Underperforming Technical Team Technical Review Development Team Review 100

ProjectManager.com

AUGUST 22, 2023

What qualifications do you need to land a project management job? What Are Project Management Qualifications? Being qualified for a position as a project manager means you have the skills, experience and temperament for the job. Qualified project managers need the right tools for the job.

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Certification Leadership Risk Management Budget 357

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that.

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Controlling Manufacturing Construction Underperforming Technical Team 331

ProjectManager.com

OCTOBER 19, 2022

No one needs to tell you that projects cost money. But how much they’ll cost is an open question. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs.

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Estimate Software Review Budget Project Cost 349

ProjectManager.com

MARCH 20, 2024

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.

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Construction Software Review Underperforming Technical Team Estimate 328

ProjectManager.com

OCTOBER 18, 2022

A production schedule template is an essential part of your supply chain management. It helps you manage your resources effectively and even supports the sales team as they know when products will be delivered and available for sale. Gantt charts have been essential project management tools for over a century.

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Manufacturing Software Review Risk Management Underperforming Technical Team 325

ProjectManager.com

OCTOBER 21, 2022

In project management, a program is a set of related projects that are executed simultaneously by organizations to make the most out of their resources and maximize their return on investment (ROI). Program management requires company-wide collaboration and lots of planning. A program manager oversees this process.

Certification 387

Certification Risk Management PMI Leadership 387

ProjectManager.com

APRIL 28, 2021

In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money. Seven Tips for Better Cost Control.

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Controlling Risk Management Estimate Budget 307

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 407

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.

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Budget Technical Review Software Review Executing 343

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?

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Project Life Cycle Software Review Infrastructure Risk Management 362

Rebel’s Guide to PM

AUGUST 29, 2021

Risks matter. Stuff happens on projects, and if the worst happens, it’s better to know about it in advance. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. What’s a risk again? Internal risks.

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Risk Technical Review Risk Management Estimate 320

ProjectManager.com

SEPTEMBER 28, 2023

Then we’ll explain what a project metrics dashboard is and why it’s one of the essential project management software features. What Are Project Metrics? Project metrics are data pulled from the performance of the project. Project management software makes gathering and calculating project metrics easier.

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Budget Risk Management Software PMI 326

LiquidPlanner

AUGUST 23, 2018

” As project managers, we’re driven by dates. Customers, senior managers and stakeholders all want to know how long it will take to complete a project. And as project management professionals, we’re also measured by our ability to predict the future and be right about our predictions—despite the many unknowns.

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Software Review Estimate Budget Defining 158

ProjectManager.com

MARCH 2, 2020

If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their time planning in order to avoid negative risk and its potential impact. In fact, it works throughout the entire life cycle of a project.

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Controlling Underperforming Technical Team Estimate Risk Management 413

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Everything!

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Monitoring Risk Management Controlling Technical Review 499

ProjectManager.com

NOVEMBER 28, 2023

There are many things that are needed when managing a project. These organizational process assets are critical to a project’s success and its operations. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations.

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ProjectManager.com

JUNE 7, 2023

There are many factors that must be considered, and project managers use a cost breakdown structure to help them determine the cost of that product. Using a cost breakdown is essential to developing a sound cost breakdown analysis and selling that product or delivering the project at a profit.

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Manufacturing Estimate Project Cost Influencer 248

ProjectManager.com

NOVEMBER 15, 2022

Similar to a journey, projects have a beginning and an end. Just like a trip, most projects wouldn’t set off without first having an itinerary. In project management, the equivalent of an itinerary is a creative brief. But not all projects use a creative brief; they’re found only in specific disciplines.

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Budget Executing Defining Planning 342

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. Develop Estimating Plan: Assemble a cost-estimating team, and outline their approach.

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Estimate Technical Review Project Cost Governance 312

ProjectManager.com

FEBRUARY 21, 2023

A PMO, or project management office, can be an internal department or an external group or agency that defines and maintains the standards for a company’s project management. However, all three can use PMO templates to support project programs and portfolios. All will have their specific expectations.

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PMO Software Review Risk Management Risk 246

Resource Guru

SEPTEMBER 7, 2023

Capacity planning plays a key role in agency profitability. Safe to say, there’s a lot riding on agency capacity planning. So from strategies to best practices, we’re here to help. We’ll cover: What is agency capacity planning ? Project-based Agencies may plan their capacity on a project-by-project basis.

Technical Review 52

Technical Review Web Development Planning Software Review 52

Wrike

SEPTEMBER 3, 2023

In today’s competitive business landscape, organizations are increasingly turning to Professional Services Automation (PSA) projects to streamline their operations, improve efficiency, and enhance customer satisfaction. However, embarking on a PSA project requires careful planning, strategic alignment, and adherence to best practices.

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Artificial Inteligence Technical Review Underperforming Technical Team Innovation 36

Binfire

DECEMBER 11, 2023

It needs accurate planning, execution, and monitoring so the result will be accurate and trusted. 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.

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Development Team Review Technical Review Software Review Monitoring 78

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

Wrike

SEPTEMBER 2, 2023

In project management, one of the key factors that contributes to the successful completion of a project is a well-structured and comprehensive budget plan. Understanding the importance of a project budget plan is crucial for project managers and stakeholders.

Budget 36

Budget Controlling Planning Technical Review 36

LiquidPlanner

JUNE 14, 2023

If there’s one thing that my career as a project manager has taught me, it’s that while the fundamentals of delivering a good project don’t change much, the environment in which we have to do the delivery is constantly changing. Here are five project management trends that have been top of mind for me.

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Techno-PM

SEPTEMBER 22, 2020

Procurement Management Procurement involves coordinating with suppliers to acquire (or lease) goods or services for the project. By definition, these relationships are contractual and as with anything in project management, the process begins with planning and incorporating the plan into a statement of work.

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Planning Technical Review Closing Estimate 66

Teamweek

JANUARY 22, 2024

Knowing how to monitor and manage project resources can make or break that project. One common technique that helps project managers handle resources efficiently is resource leveling. Project teams use resource leveling to adjust project timelines, address resource constraints, and avoid overloading.

Critical Chain 59

Critical Chain Estimate Risk Management Consulting 59

Project Pulse Journal

MARCH 22, 2024

By: Hajime Estanislao, PMP, CSM Are you struggling to effectively manage your projects amidst evolving requirements and stakeholder expectations? Project management involves various critical functions, from ensuring seamless coordination to task deadlines, articulating clear objectives, and managing resources.

Governance 52

Governance Government Technical Review Initiating 52

The Strategic Project Manager

FEBRUARY 16, 2023

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. Here are some thoughts on a few: Products – I’m thinking here of sales and product management.

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ProjectManager.com

SEPTEMBER 26, 2019

Before you can plan for your project you have to have the right tools to collect the data you need in order to formulate a strategy—and project management Excel templates are a great place to start. Are you interested in free project management Excel spreadsheets? Action Plan Template.

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2019 Risk Management Budget Monitoring 209

Project Pulse Journal

MARCH 7, 2024

What is A System for Value Delivery in Project Management Hajime Estanislao, PMP, CSM Are you a project manager looking to improve your project management skills and help your organization grow? Take the next step towards mastering the value delivery system and project management.

Governance 52

Governance Government Technical Review Sustainability 52

Teamweek

FEBRUARY 2, 2023

Are your project profits slowly evaporating? We often plan a project with this overly optimistic mindset — never considering the myriad of project risks out there. Before you know it, you’re mid-project and starting to feel the heat. Source Most projects “fail” for similar reasons.

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Risk Estimate Risk Management ChatGPT 95

Velociteach

APRIL 11, 2023

The project charter is a foundational deliverable created during the project’s initiation phase. The charter documents the project’s purpose, planned direction, and what is initially known. Regardless of the format, articulating the project’s intent is invaluable and harder than expected.

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Underperforming Technical Team Risk Management Estimate Risk 77

Teamweek

APRIL 15, 2024

Bad accountants raise financial and compliance risks. Not having any accounting expertise on your team leaves you at risk of losing control of your finances. Given the risks, it’s not hard to see why elite business accountants are always in demand. Don’t fall into that trap. What does a business accountant do?

Technical Review 59

Technical Review Finance Software Review 2024 59