INDUSTRY INSIGHTS YOUR PEERS ARE READING
Having the ability to allocate resources more effectively to every project and respond rapidly to changes in workload are key to maximizing employee utilization and increasing your billable hours without increasing headcount. MORE
Failure is an unavoidable part of any project process: it’s the degree of failure that makes the difference. But a systemic collapse will derail the whole project. Project managers can learn as much, if not more, from failed projects as they can from successful ones. MORE
is controlled by the people who run it “ This is certainly an appropriate meaning of the phrase when applied to corporate governance, but is not the most empowering vision for how projects need to be governed. Tagged: governance , project decision making , Project performance. MORE
Some organizations lack clarity about who approves the project change requests. On one project, the sponsor tells the project manager to make the decisions. On other projects, the sponsor makes the decisions. So, who should approve project change requests? MORE
Creating a project budget involves: being able to identify all the items that are going to cost money building a complete picture of what you need to spend getting approval for that amount. Types of Project Cost. Direct/Indirect Costs. Direct costs. MORE
Perhaps your subject matter expert has resigned or project costs have increased, whatever happens you need to be able to. "Nothing travels faster than light, with the possible exception of bad news, which follows its own rules" - Douglas Adams. MORE
Projects fail for many reasons, but I believe that the hardest one to handle and to dig out from is the one that is heading for financial ruin. As a project manager, you can gain time-sometimes just because your customer is slow to respond with approvals and so on, which happens all the time-but it's challenging to gain dollars. Here in part two of the article, I will examine the final three steps to turning around a financially failing project. Cost Management MORE
Today, the Mayor of London Sadiq Khan ordered an enquiry into the escalating costs of the former Olympic stadium site. However the escalating costs have raised more than a few eye brows. additional costs for the seating problem. How good is project sponsorship in your company? MORE
Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. But what are the right project controls and is there a single method to the implementation madness? MORE
What is a baseline, how is it use while creating project management plan? What is a project charter? Is project manager involved in the creation of a project charter? What is a project, how is it different from a program, and a portfolio? How many knowledge Areas are there in Project Management. Do you use all in your projects? What are project management methodologies? Which one did you used in your projects? Project Manager Skills. MORE
After publishing my article entitled Evaluating Risks Using Qualitative Risk Analysis , I received questions on how to determine project budget reserves. Project Budget Reserves: Questions and Answers. Imagine a project budget with no reserves. MORE
Sales professionals and project managers are professionally worlds apart. However, who could’ve thought that people in sales have the potential to actually turn into a really successful project manager? Carmichael Jordan, Project Manager. Project Management MORE
An abundance of information is created, transferred and stored over the life cycle of a project. Without a way of organizing all information a project is doomed to fail. That’s what PMIS comes in, which is an acronym for project management information system. MORE
Good cost estimation is essential for keeping a project under budget. 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. An Overview of Cost Estimation. MORE
When we talk specifically about IT project management, app development companies or DevOps teams are responsible for managing various software development projects. In this article, we specifically talk about the impact of AI in project management and its various pros and cons. MORE
When starting a project, it is difficult to know how much it will cost. Project managers are held to account for their budget estimates and with so much uncertainty in projects, it can be one of the project managers' greatest challenges. Cost Management MORE
Having been a project manager for all of my working life and now a teacher of project management skills for more than a decade, I always tell my students to follow sound project management principles and to manage risks proactively. What is Proactive Project Risk Management? MORE
How best to monitor and report on the performance of your projects and predict their future performance? PMBoK & PMP PMI Talent Triangle: Technical Project Management Project Cost Management Project Management Tools and Techniques Project Schedule Management cost management Earned Value MORE
Does remote project management work? Will remote project management work for your organization if you have a top-notch virtual project teams? There are advantages to establishing virtual project teams for remote project management. Some may include the following: Lower project costs due to technology advancements that bridge distance. Improved work/life balance for project team members. The answer, in general, is yes, it can. MORE
For Beginners, it is important to understand essential elements of Project Management. One has to understand associated attributes like team leadership aspect, Team formation with primary emphasis on the competencies and skills required for a successful project. What is a Project? MORE
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. Classic Project Management Constraints. Cost: How much money is available to achieve this outcome? MORE
In fact, just 77% of professional services projects are delivered on time. And as deadlines slip, so invariably costs mount, eating away at your profit. So far, so good. MORE
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) MORE
The Project Plan Checklist Have you left anything out of your project plan? Check out this project plan checklist to help you identify the baselines and plans that will be most helpful to each of your projects. I like to keep my project plans as simple as possible. MORE
The refining stage tends to kick in once you’ve been using LiquidPlanner long enough to focus on proactively managing project risk. When your projects have deadlines, you want to capture that as a deadline date in the project edit panel. Project Costing. MORE
Sometimes leading a team, project or organization goes well. Jennifer noted that whether you’re leading a team , project or organization, things are either going well or poorly. That took the team member away from the project to deal with a family emergency. MORE
If this is true, why is it that some project managers put so little time in developing a project management plan? One of the reasons is that project managers may not know what to include. Every project is different. Project Baselines. MORE
Project planning is one of the foundational pillars that supports the practice of project management. In Review – Project Planning for Beginners. Project planning is very important in any project, Jennifer said. Project Planning Basics. MORE
Having the ability to allocate resources more effectively to every project and respond rapidly to changes in workload are key to maximizing employee utilization and increasing your billable hours without increasing headcount. In this article we explore 5 quick wins for increasing employee utilization through effective project management. #1. Monitor employee utilization and project costs People costs are often the single largest part of project costs. MORE
Project Cost Management often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. Project Cost Management. MORE
It is an effort to equip project managers with today’s modern project environment. So, now the question is what modern project management is? Based on research by PMI®, the following are some highlights to see how project management profession has progressed: 1. MORE
Toronto,ON (April 1st, 2019) — Easy Projects, an enterprise work and project management software platform is featured on G2’s Spring 2019 Grid Report as best in class Project Management Software. About Easy Projects. Easy Projects. Easy Projects News MORE
Most projects dip into outside resources to achieve their objectives. The practice of vendor management enlists vendors—or businesses and individuals who provide essential goods and services—to help execute their project. Remember, vendors are but one arm of your project. MORE
The right project management tools can help managers become more organized while also reducing the costs involved with carrying out the project. Online tools can help make project cost management more affordable than it has ever been before. Zoho Projects. MORE
I sometimes hear of project management and project managers being challenged in much the same way … ‘what has project management done for us (the organisation)?’ One is to consider what would business life be like without project management in place. MORE
Keep Your Projects Financially Fit. How do projects fall below budget?” Let’s look for ways to monitor and control our cost more intentionally. 4 Ways to Control Cost and Keep Your Projects Financially Fit. Make Your Cost Visible. MORE
Learn about the difference between direct costs and indirect costs in project management with detailed examples and explanation. PMP Study Notes Project Cost Estimates MORE
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.) MORE
Your project idea is a good one. So, you need to write an effective Project Proposal or Business Case. The post Project Business Case: Write an Effective Project Proposal | Video appeared first on OnlinePMCourses. Now you need to get it funded. MORE
In fact, just 77% of professional services projects are delivered on time. And as deadlines slip, so invariably costs mount, eating away at your profit. The truth is that the only way to ensure profitability of a project is through rigorous, ongoing performance monitoring: using professional services project management software to not only track whether key stages are being delivered on time, but gaining a granular insight into the progress of every task. MORE
Profitable projects rely on understanding and sticking to the project scope that has been agreed to and signed off by a services business and a client. Planning Scope Management - A scope management plan is developed to provide guidance for the project as a whole. MORE
Project Cost Related Topics 
Online PM Courses
SEPTEMBER 3, 2018
Project Cost Management often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Project cost over-runs are common. Project Cost Management.
Project Risk Coach
MAY 28, 2019
After publishing my article entitled Evaluating Risks Using Qualitative Risk Analysis , I received questions on how to determine project budget reserves. Project Budget Reserves: Questions and Answers. Imagine a project budget with no reserves.
Online PM Courses
AUGUST 28, 2019
Your project idea is a good one. So, you need to write an effective Project Proposal or Business Case. The post Project Business Case: Write an Effective Project Proposal | Video appeared first on OnlinePMCourses. Now you need to get it funded.
Online PM Courses
FEBRUARY 24, 2019
How best to monitor and report on the performance of your projects and predict their future performance? PMBoK & PMP PMI Talent Triangle: Technical Project Management Project Cost Management Project Management Tools and Techniques Project Schedule Management cost management Earned Value
Project Risk Coach
JANUARY 30, 2017
Keep Your Projects Financially Fit. How do projects fall below budget?” Let’s look for ways to monitor and control our cost more intentionally. 4 Ways to Control Cost and Keep Your Projects Financially Fit. Make Your Cost Visible.
iZenBridge
JULY 24, 2019
It is an effort to equip project managers with today’s modern project environment. So, now the question is what modern project management is? Based on research by PMI®, the following are some highlights to see how project management profession has progressed: 1.
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iZenBridge
MAY 23, 2019
What is a baseline, how is it use while creating project management plan? What is a project charter? Is project manager involved in the creation of a project charter? What is a project, how is it different from a program, and a portfolio? How many knowledge Areas are there in Project Management. Do you use all in your projects? What are project management methodologies? Which one did you used in your projects? Project Manager Skills.
Deep Fried Brain
AUGUST 18, 2017
Learn about the difference between direct costs and indirect costs in project management with detailed examples and explanation. PMP Study Notes Project Cost Estimates
ProjectManager.com
AUGUST 21, 2019
Good cost estimation is essential for keeping a project under budget. 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. An Overview of Cost Estimation.
Project Smart
JULY 5, 2019
When starting a project, it is difficult to know how much it will cost. Project managers are held to account for their budget estimates and with so much uncertainty in projects, it can be one of the project managers' greatest challenges. Cost Management
Girl's Guide to PM
JULY 22, 2019
Creating a project budget involves: being able to identify all the items that are going to cost money building a complete picture of what you need to spend getting approval for that amount. Types of Project Cost. Direct/Indirect Costs. Direct costs.
|
LiquidPlanner
APRIL 25, 2019
The refining stage tends to kick in once you’ve been using LiquidPlanner long enough to focus on proactively managing project risk. When your projects have deadlines, you want to capture that as a deadline date in the project edit panel. Project Costing.
Moira Alexander
DECEMBER 10, 2015
Does remote project management work? Will remote project management work for your organization if you have a top-notch virtual project teams? There are advantages to establishing virtual project teams for remote project management. Some may include the following: Lower project costs due to technology advancements that bridge distance. Improved work/life balance for project team members. The answer, in general, is yes, it can.
Project Smart
JULY 5, 2019
Projects fail for many reasons, but I believe that the hardest one to handle and to dig out from is the one that is heading for financial ruin. As a project manager, you can gain time-sometimes just because your customer is slow to respond with approvals and so on, which happens all the time-but it's challenging to gain dollars. Here in part two of the article, I will examine the final three steps to turning around a financially failing project. Cost Management
Ron Rosenhead
NOVEMBER 2, 2016
Today, the Mayor of London Sadiq Khan ordered an enquiry into the escalating costs of the former Olympic stadium site. However the escalating costs have raised more than a few eye brows. additional costs for the seating problem. How good is project sponsorship in your company?
PMStudent
NOVEMBER 4, 2016
Perhaps your subject matter expert has resigned or project costs have increased, whatever happens you need to be able to. "Nothing travels faster than light, with the possible exception of bad news, which follows its own rules" - Douglas Adams.
ProjectManager.com
SEPTEMBER 4, 2019
An abundance of information is created, transferred and stored over the life cycle of a project. Without a way of organizing all information a project is doomed to fail. That’s what PMIS comes in, which is an acronym for project management information system.
Fix my Project Chaos
JANUARY 12, 2017
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.)
EasyProjects
MAY 21, 2019
Toronto,ON (April 1st, 2019) — Easy Projects, an enterprise work and project management software platform is featured on G2’s Spring 2019 Grid Report as best in class Project Management Software. About Easy Projects. Easy Projects. Easy Projects News
Keyedin
MARCH 8, 2019
Having the ability to allocate resources more effectively to every project and respond rapidly to changes in workload are key to maximizing employee utilization and increasing your billable hours without increasing headcount.
Fix my Project Chaos
JANUARY 12, 2017
Lately on the blog I’ve been exploring the ten skills that employers want from project managers. Effective leadership is one of the key skill that employers expect from project managers. While managing the project (costs, risks, issues, scope etc.)
ProjectManager.com
APRIL 1, 2019
Sometimes leading a team, project or organization goes well. Jennifer noted that whether you’re leading a team , project or organization, things are either going well or poorly. That took the team member away from the project to deal with a family emergency.
ProProfs Project Management
MAY 16, 2019
When we talk specifically about IT project management, app development companies or DevOps teams are responsible for managing various software development projects. In this article, we specifically talk about the impact of AI in project management and its various pros and cons.
Project Risk Coach
OCTOBER 3, 2016
Some organizations lack clarity about who approves the project change requests. On one project, the sponsor tells the project manager to make the decisions. On other projects, the sponsor makes the decisions. So, who should approve project change requests?
ProjectManager.com
OCTOBER 23, 2018
Failure is an unavoidable part of any project process: it’s the degree of failure that makes the difference. But a systemic collapse will derail the whole project. Project managers can learn as much, if not more, from failed projects as they can from successful ones.
Teamweek
DECEMBER 20, 2018
The right project management tools can help managers become more organized while also reducing the costs involved with carrying out the project. Online tools can help make project cost management more affordable than it has ever been before. Zoho Projects.
Keyedin
MARCH 8, 2019
In fact, just 77% of professional services projects are delivered on time. And as deadlines slip, so invariably costs mount, eating away at your profit. So far, so good.
ProjectManager.com
NOVEMBER 5, 2018
Project planning is one of the foundational pillars that supports the practice of project management. In Review – Project Planning for Beginners. Project planning is very important in any project, Jennifer said. Project Planning Basics.
Project Risk Coach
OCTOBER 17, 2016
The Project Plan Checklist Have you left anything out of your project plan? Check out this project plan checklist to help you identify the baselines and plans that will be most helpful to each of your projects. I like to keep my project plans as simple as possible.
ProjectManager.com
NOVEMBER 8, 2018
Most projects dip into outside resources to achieve their objectives. The practice of vendor management enlists vendors—or businesses and individuals who provide essential goods and services—to help execute their project. Remember, vendors are but one arm of your project.
Taskque
JULY 17, 2018
Sales professionals and project managers are professionally worlds apart. However, who could’ve thought that people in sales have the potential to actually turn into a really successful project manager? Carmichael Jordan, Project Manager. Project Management
Keyedin
APRIL 22, 2019
Having the ability to allocate resources more effectively to every project and respond rapidly to changes in workload are key to maximizing employee utilization and increasing your billable hours without increasing headcount. In this article we explore 5 quick wins for increasing employee utilization through effective project management. #1. Monitor employee utilization and project costs People costs are often the single largest part of project costs.
Kiron Bondale
FEBRUARY 26, 2017
is controlled by the people who run it “ This is certainly an appropriate meaning of the phrase when applied to corporate governance, but is not the most empowering vision for how projects need to be governed. Tagged: governance , project decision making , Project performance.
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. Classic Project Management Constraints. Cost: How much money is available to achieve this outcome?
Arras People
OCTOBER 3, 2017
Deltek is the latest member of the Arras People Software Directory , in this article they give a brief overview of how projects can be controlled and how software can help with this. But what are the right project controls and is there a single method to the implementation madness?
MavenLink
SEPTEMBER 10, 2019
Profitable projects rely on understanding and sticking to the project scope that has been agreed to and signed off by a services business and a client. Planning Scope Management - A scope management plan is developed to provide guidance for the project as a whole.
Project Risk Coach
MAY 21, 2018
If this is true, why is it that some project managers put so little time in developing a project management plan? One of the reasons is that project managers may not know what to include. Every project is different. Project Baselines.
MPUG
AUGUST 26, 2019
Having been a project manager for all of my working life and now a teacher of project management skills for more than a decade, I always tell my students to follow sound project management principles and to manage risks proactively. What is Proactive Project Risk Management?
Keyedin
APRIL 22, 2019
In fact, just 77% of professional services projects are delivered on time. And as deadlines slip, so invariably costs mount, eating away at your profit. The truth is that the only way to ensure profitability of a project is through rigorous, ongoing performance monitoring: using professional services project management software to not only track whether key stages are being delivered on time, but gaining a granular insight into the progress of every task.
The Lazy Project Manager
NOVEMBER 20, 2015
I sometimes hear of project management and project managers being challenged in much the same way … ‘what has project management done for us (the organisation)?’ One is to consider what would business life be like without project management in place.
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