Project Management Update

5 Steps To Create An Investment Plan

Productivity Land

APRIL 24, 2023

Investing is a popular way to generate wealth, but every investor has a unique portfolio with distinct financial goals. Building an effective portfolio requires a well-thought-out plan. Therefore, having an investment plan is crucial, especially when you need to make tough decisions about adding or dropping investments.

Planning

Planning Finance Risk Management Monitoring

How to create a project budget

Rebel’s Guide to PM

FEBRUARY 5, 2024

What does creating a project budget involve? Creating a project budget involves: being able to identify all the items that are going to cost money, including staff costs building a complete picture of what you need to spend getting approval for that amount. It covers all the (approved) expenses required to deliver the project.

Budget

Budget Project Cost Estimate Finance

Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

NOVEMBER 23, 2023

In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized.

Budget

Budget Technical Review Software Review Executing

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

NOVEMBER 30, 2023

We’ll also discuss the importance of an IT budget, who’s involved in making one and what’s included so you don’t miss any crucial steps. Planning and managing these resource costs in an IT budget can be facilitated by project management software. ProjectManager’s Gantt charts help you plan, manage and track IT costs.

Budget

Budget Software Review Infrastructure Monitoring

Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

But today, dashboards and visualizations have become table stakes. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.

2013

What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

MARCH 7, 2024

That doesn’t happen without an organizational strategy to plan for the organization’s long-term success. Organizational strategy is the long-term planning a company does to achieve some goal in the future. It’s not only communicative but helps management develop strategic plans so the company can accomplish its goals.

Underperforming Technical Team

Underperforming Technical Team Initiating Defining Leadership

Project Financial Management: Managing Project Financials

ProjectManager.com

NOVEMBER 21, 2023

There’s a lot of planning, managing and tracking involved. To do this requires planning, estimating, budgeting, funding, managing project expenses and billing. That’s because it balances the investment in the project with the expected return on that investment. It’s more than just keeping up with costs.

Finance

Finance Estimate Budget Risk Management

How to Build a Risk Culture in Your Team

ProjectManager.com

AUGUST 22, 2023

Having a risk management plan won’t reduce risk, but can reduce its negative impact on an organization. Building a risk management culture is important because the more a team is part of the risk culture, the more they’re invested in the project. Follow these four steps to build a risk culture in your organization.

Risk

Risk Risk Management Defining Executing

10 common resource management problems and how to fix them

Rebel’s Guide to PM

APRIL 22, 2024

I mentor project managers, and the types of problems that people come up with on calls are not technical issues for the most part. Mostly, people want to chat about other people. Or “resources” as we unkindly call people in project management. Why is effective resource management difficult? That’s it really – the challenges aren’t rocket science.

Technical Review

Technical Review PMO Risk Management Software Review

Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

NOVEMBER 22, 2023

When governments or corporations make large investments, they don’t do so without serious planning. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. We’ll end with a few examples of capital projects to make the concept more understandable.

Budget

Budget Software Review Planning Construction

How to Manage Project Cash Flow

ProjectManager.com

JANUARY 25, 2024

It’s part of the financial planning for a project or an organization’s upcoming projects. You can track your planned vs. actual costs to make sure you’re keeping to your budget. Those funds have a life cycle of their own and project managers must understand how those costs come in and out of the project and organization.

Construction

Construction Project Cost Budget Monitoring

How to Make a Maintenance Schedule (Template Included)

ProjectManager.com

APRIL 5, 2024

Learn how to create a maintenance schedule and download a free maintenance schedule template to get started. Read about the benefits of an effective maintenance schedule and see how a maintenance plan can help a diverse group of industries. Maintenance is an essential part of industries from construction to manufacturing.

Manufacturing

Manufacturing Construction Software Review Healthcare

What Is Lean Portfolio Management? A Quick Guide

ProjectManager.com

DECEMBER 13, 2022

You need to strategize and plan your resource allocation to ensure that every project has what it needs when it needs it. In so doing, the portfolio of investments is managed over its investment life cycle through agile development and business strategy. Having many projects to manage in a portfolio can be daunting.

Lean

Lean Software Review Manufacturing Governance

Order Processing: Steps, Example & Software

ProjectManager.com

APRIL 24, 2024

Throughout the project, track the order to ensure it’s delivered on time and monitor costs and planned versus actual progress to stay on schedule. Ordering a product and getting it delivered has become commonplace. That’s only an overview of order processing and there’s a lot more to it, which we’ll get to in greater detail.

Process

Process Software Manufacturing Logistics

Build, Excite, Equip: How to Simplify Change Adoption in Your Projects

Rebel’s Guide to PM

DECEMBER 28, 2022

Build, Excite, Equip (BEE) is a simple 3-step methodology backed by neuroscience for making sure change management is woven into your projects. BEE is formed of 3 phases, each split into 3 areas, so you’ve only got 9 steps to review and implement. Excite: Create, Inform, Market. Nicola Graham. What is BEE? So how does it work?

Software Review

Software Review Certification Change Management Closing

Best Cost Control Techniques

ProjectManager.com

OCTOBER 5, 2023

To understand cost control, let’s first define it and then we’ll show the steps you can take to implement cost control. Once you’ve set a baseline on our Gantt chart, the live dashboard automatically collects project costs and displays them in an easy-to-read graph that shows the actual, planned and budgeted costs.

Controlling

Controlling Manufacturing Construction Underperforming Technical Team

Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

Rebel’s Guide to PM

MARCH 29, 2024

We start with the 5 easy steps to plan and write your budget proposal. A project budget is meant to guide you step-by-step throughout the project phases, and is meant to be changed and adapted (within limits, of course) to what happens during the project itself. Do you need to write a budget proposal report?

Budget

Budget Planning Estimate Consulting

A Quick Guide to Project Charters: Definition, Steps & Key Elements

ProjectManager.com

FEBRUARY 3, 2022

A project charter is a project planning document that sells the project to stakeholders and sponsors. If you’re able to show its viability and return on investment, the work will get the green light to move forward. How are you planning to reach and achieve these goals and objectives? How to Create a Project Charter.

Risk Management

Risk Management Budget Defining Software Review

How to Write a Business Case (Template Included)

ProjectManager.com

JULY 5, 2022

A business case is an important project document to prove to your client, customer or stakeholder that the project you’re pitching is a sound investment. Below, we illustrate the steps to writing one that will sway them. Once your business case is approved by the project stakeholders, you can begin the project planning phase.

Underperforming Technical Team

Underperforming Technical Team Project Life Cycle Risk Management Governance

How to Make a Production Order for Manufacturing

ProjectManager.com

NOVEMBER 16, 2023

We’ll also throw in some free production planning templates. If they are not in stock, then a requisition order will be created to acquire them. At this point, planned costs for the order will also be determined as well as capacity requirements for work centers. What Is a Production Order?

Manufacturing

Manufacturing Software Review 2024 Executing

Benefits Management for Projects: How to Make a Benefits Management Plan

ProjectManager.com

MAY 11, 2021

Having a benefits management plan lets project managers maximize these outcomes for the organization and stakeholders, and it’s part of any successful project management plan. Benefits management is the method of investing time and resources in order to drive positive change in a project. What Is Benefits Management?

Planning

Planning Monitoring Risk Management Technical Review

Organizational Resources Basics: Managing Company Resources

ProjectManager.com

DECEMBER 29, 2023

Resource planning, resource allocation and resource utilization are all under the umbrella term of organizational resources. ProjectManager is award-winning project management software with resource management features to plan, manage and track organizational resources in real time. What Are Organizational Resources?

Manufacturing

Manufacturing Monitoring Finance 2024

How to Start a Project in 10 Steps

ProjectManager.com

AUGUST 22, 2023

10 Simple Steps to Start a Project Projects can seem complicated and they certainly can be. But even the most complex project can be broken down into simple steps to help make it more manageable. ProjectManager is award-winning project management software that empowers teams to plan, manage and track projects in real time.

Estimate

Estimate Budget Defining Risk Management

What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

JULY 5, 2022

It’s not uncommon for organizations to have more plans than they have funds. That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan?

Planning

Planning Finance Underperforming Technical Team Software Review

How to Write a Business Case

ProjectManager.com

DECEMBER 19, 2019

A business case is the way you prove to your client, customer or stakeholder that the product you’re pitching is a sound investment. Below, we illustrate the steps to writing one that will sway them. There are four steps necessary to write a business case, which are as follows: Research your market, competition and alternatives.

Underperforming Technical Team

Underperforming Technical Team Project Life Cycle Leadership Initiating

10 Effective Strategies to Save Time and Boost Productivity

Project Risk Coach

JUNE 9, 2023

Prioritization enables you to separate urgent tasks from less critical ones, ensuring you invest your energy where it matters most. Plan and Organize Developing a comprehensive plan and organizing your day is crucial for saving time. A well-structured plan reduces distractions, keeps you on track, and maximizes your efficiency.

Energy

Energy Risk Management Planning Risk

7 Hidden dangers of project management (Or why even well-planned projects sometimes fail)

Rebel’s Guide to PM

APRIL 12, 2023

Despite your efforts to clearly define the scope, time and resources necessary to successfully complete the projects, things simply don’t always go according to plan. Maja Mrsic Here are 3 examples of projects that didn’t go to plan. So why do some projects crash to their doom? This is where the problems begin.

Planning

Planning Underperforming Technical Team Technical Review 2010

Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

SEPTEMBER 12, 2023

The process manufacturing production method is commonly used in bulk production and follows sequential steps. When doing process manufacturing, it’s important to follow specific steps. One step must be completed before starting the next step. What Is Process Manufacturing?

Manufacturing

Manufacturing Process Controlling Closing

Do Structured and Disciplined Agile Transformations Exist?

Leading Agile

APRIL 17, 2024

Understanding that creating the conditions for teams, backlogs, and working tested product to exist is the real work of the transformation is critical. It can be planned, tracked, and measured. It’s a model where we meet an organization where it is and take a planned, iterative, and incremental approach to change.

Agile

Agile Governance Government Executing

What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

MARCH 9, 2022

A stakeholder can be a wide variety of people impacted or invested in the project. A shareholder, though, is someone who has invested in a corporation. They have invested capital in the business and want a return on that investment. Stakeholders are important to every project. But what is a stakeholder? Learn More!

Software Review

Software Review Influencer Governance Government

7 Budget Templates for Business & Project Budgeting

ProjectManager.com

DECEMBER 13, 2023

The project budget is developed during the planning phase of a project. There are some industry-specific budgeting templates, too, but all of them will help you forecast costs, which is the first step in running a tight budget and delivering a successful project. This is why our free budget proposal template for Excel is so important.

Budget

Budget Construction Estimate Executing

Cost Benefit Analysis for Projects – A Step-by-Step Guide

ProjectManager.com

OCTOBER 15, 2020

From that you can calculate the return on investment (ROI), internal rate of return (IRR), net present value (NPV) and the payback period. Cost benefit analysis gives you options, and it offers the best approach to achieve your goal while saving on investment. When managing a project, one is required to make a lot of key decisions.

Risk Management

Risk Management Consulting Risk Budget

What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

JANUARY 31, 2024

Once you’ve made a balanced scorecard, you’ll need project management software to fulfill the strategic goals and the plan to get you there. ProjectManager is award-winning project management software that helps you plan, manage and track your projects to meet your strategic goals on time and within budget by monitoring real-time data.

Performance Measurement

Performance Measurement Governance Government Initiating

What Is Quality Planning & Why Is It Important?

ProjectManager.com

SEPTEMBER 15, 2021

To avoid this, focus on quality planning. Create a quality plan before you start your project to consistently meet the expectations of your stakeholders. What Is Quality Planning? Quality planning is the method of deciding what’s most important to the project. The quality plan itself includes: Objectives.

Planning

Planning Software Review Monitoring Budget

Continuous Improvement: A Quick Guide

ProjectManager.com

AUGUST 31, 2023

Project management software can help you plan for continuous improvement in your projects. That’s the initials for each of the four steps in that process: plan, do, check and act. Plan To begin, brainstorm with your team and identify areas for improvement. But what is it and how can it be applied to your business?

Manufacturing

Manufacturing Lean Monitoring Consulting

Order Fulfillment: Process, Models & Documentation

ProjectManager.com

APRIL 3, 2024

Order Processing Order fulfillment is the larger process of which order processing is one of the more critical steps. Order processing is the workflow that helps manufacturers plan their production schedule to ensure that customer orders are prepared and delivered to the right place. What Is Order Fulfillment?

Process

Process Logistics Manufacturing Transportation

Construction Cost Management: Managing Construction Costs

ProjectManager.com

JULY 5, 2023

It begins with the planning and design and goes hand-in-hand with estimating and even on-site specialty contractors, change orders and the finished product. Get all construction costs accounted for when planning with our powerful Gantt chart. Construction costs are one of many metrics that a general contractor has to keep an eye on.

Construction

Construction Estimate Monitoring Budget

Project Alignment: Aligning Your Project To Business Strategy

ProjectManager.com

SEPTEMBER 6, 2023

Project alignment is when the project being planned and executed fits with the larger strategic goals of the organization running the project. This creates value for the organization and makes it more competitive in the marketplace. But few mention the importance of having project alignment. What Is Project Alignment? Learn more.

Software Review

Software Review Risk Management Initiating Risk

The Production Process: Steps & Types

ProjectManager.com

AUGUST 22, 2023

Another way to look at the production process is as a series of detailed steps that take you from one point to the next until you’ve completed the process. There are many production methods and types of production, but before explaining those steps, it’s important to understand the term. What Is a Production Process?

Process

Process Manufacturing Monitoring Budget

Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

JANUARY 4, 2024

In turn, they must create their budgets based on the allocations. Whichever of the two budgeting approaches you choose, you’re going to need to plan and track those costs throughout the year. ProjectManager is award-winning project management software with budgeting tools to help you plan, manage and track your budget in real time.

Budget

Budget Software Review Estimate Executing

What Is Rolling Wave Planning?

ProjectManager.com

OCTOBER 28, 2021

Sometimes the whole picture isn’t clear when you’re planning a project. Others still prefer forms of agile software development where they have room to adjust their project plan. Others still prefer forms of agile software development where they have room to adjust their project plan. What Is Rolling Wave Planning?

Planning

Planning Software Developers Software Development Monitoring

10 Free Marketing Templates for Excel, Word and More

ProjectManager.com

NOVEMBER 30, 2022

Marketing plans manage research, design and copywriting, digital and print production, plus so much more. They’ll help you from the planning stage and budgeting to tracking your campaign to ensure you stay on schedule and within your budget. Marketing Plan Template. Managing all those marketing assets is challenging.

Project Life Cycle

Project Life Cycle Budget Executing Planning

Exploring the Benefits of an Agile Application Modernization Approach

Leading Agile

FEBRUARY 29, 2024

You have multiple versions, releases, and code bases, creating a support nightmare. This constantly creates options about which capability to tackle next. The steps become: Develop an understanding of the capabilities the solution provides. Maybe this system is used internally as a critical part of operating your business.

Technical Review

Technical Review Software Review Agile Governance

10 Free Product Management Templates for Excel, Word and More

ProjectManager.com

FEBRUARY 28, 2023

It helps you manage every step of the process that sees your product go from concept to market. As you might imagine, having project management software helps plan, manage and track this work, but if you’re not using such tools, there are product management templates that can help you steer the course.

Software Review

Software Review Development Team Review Budget Agile

5 Steps To Create An Investment Plan

How to create a project budget

Trending Sources

Capital Budgeting: Definitions, Steps & Techniques

What Is an IT Budget? IT Budgeting Basics (Template Included)

Monetizing Analytics Features: Why Data Visualizations Will Never Be Enough

What Is Organizational Strategy in Business? (Examples Included)

Project Financial Management: Managing Project Financials

How to Build a Risk Culture in Your Team

10 common resource management problems and how to fix them

Capital Projects: Capital Planning, Budgeting and Funding

How to Manage Project Cash Flow

How to Make a Maintenance Schedule (Template Included)

What Is Lean Portfolio Management? A Quick Guide

Order Processing: Steps, Example & Software

Build, Excite, Equip: How to Simplify Change Adoption in Your Projects

Best Cost Control Techniques

Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

A Quick Guide to Project Charters: Definition, Steps & Key Elements

How to Write a Business Case (Template Included)

How to Make a Production Order for Manufacturing

Benefits Management for Projects: How to Make a Benefits Management Plan

Organizational Resources Basics: Managing Company Resources

How to Start a Project in 10 Steps

What Is a Capital Improvement Plan & How to Create One

How to Write a Business Case

10 Effective Strategies to Save Time and Boost Productivity

7 Hidden dangers of project management (Or why even well-planned projects sometimes fail)

Process Manufacturing: Definition, Benefits and Examples

Do Structured and Disciplined Agile Transformations Exist?

What Is a Stakeholder? Definitions, Types & Examples

7 Budget Templates for Business & Project Budgeting

Cost Benefit Analysis for Projects – A Step-by-Step Guide

What Is a Balanced Scorecard? (Example & Template Included)

What Is Quality Planning & Why Is It Important?

Continuous Improvement: A Quick Guide

Order Fulfillment: Process, Models & Documentation

Construction Cost Management: Managing Construction Costs

Project Alignment: Aligning Your Project To Business Strategy

The Production Process: Steps & Types

Bottom-Up vs. Top-Down Budgeting Approaches

What Is Rolling Wave Planning?

10 Free Marketing Templates for Excel, Word and More

Exploring the Benefits of an Agile Application Modernization Approach

10 Free Product Management Templates for Excel, Word and More

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