ProjectManager.com

JANUARY 27, 2023

A risk is an uncertain event or condition that can have affect the outcome of a project. The term “project risk” refers to the sum of all individual project risks that might affect a project. Controlling risk is one of the most important areas of project management. What Is Project Risk?

Risk 399

Risk Risk Management Project Life Cycle Software Review 399

ProjectManager.com

SEPTEMBER 10, 2021

It’s an extremely detailed work contract that defines the terms and conditions agreed upon between parties and lays the groundwork for the project plan. There is always plenty of paperwork to create, have approved, file and finally archive. Try it free today! What Is a Statement of Work (SOW) in Project Management?

Software Review 402

Software Review Defining Project Life Cycle Closing 402

ProjectManager.com

MAY 19, 2021

It can often feel like a lot of work for possibly no return, but there’s a way to make a construction bid that doesn’t break the bank and sets your organization apart from the competition. Managing the construction bidding process and expanding your customer base without breaking the bottom line is a delicate art. Is a Construction Bid an Estimate?

Construction 403

Construction Software Review Estimate Executing 403

ProjectManager.com

JUNE 27, 2023

This could be a sticky point in construction, which is why a lien waiver is used in that industry. A lien waiver form between the payer and counterparty, which is just a fancy way of saying the seller, is commonly used in the construction industry. What Is a Lien Waiver Form? The lien waiver form is essentially a receipt for payment.

Construction 269

Construction Engineering Defining Risk Management 269

Project Risk Coach

OCTOBER 23, 2021

The PMBOK® Guide defines risk as "an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives." Some people define risks as uncertain events or conditions that has negative affects on project objectives only. b) The probability and/or impact is increased. True or False?

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

OCTOBER 3, 2023

Walkthrough The walkthrough is the term used to describe when the general contractor , architect and construction team inspect the structure during the final inspection. There’s paperwork to sign off on, teams to be released and more administrative loose ends to tie up. What is post-construction?

Construction 391

Construction Closing Software Review Certification 391

ProjectManager.com

SEPTEMBER 12, 2023

To better understand process manufacturing, let’s first define the term and explore the different types of process manufacturing. There are also specific conditions that process manufacturing must follow in regard to heat, time and pressure. These conditions result in thermal or chemical changes that are irreversible.

Manufacturing 377

Manufacturing Process Controlling Closing 377

ProjectManager.com

SEPTEMBER 21, 2023

You’ve heard the term, general contractor, but let’s first define what a general contractor is, what the general contractor license is and detail what a general contractor does. In terms of payment, general contractors tend to work with the project owner under a lump sum or stipulated sum contract. What Is a General Contractor?

Construction 344

Construction Software Review Engineering Retail 344

ProjectManager.com

AUGUST 31, 2023

You should have a list of conditions or capabilities that must be met by the project’s final delivery. It is a term that comes from working in an agile, iterative environment. A project backlog is a list of project tasks that are prioritized for a specific period of time in the project. Dashboards and reports also help track progress.

Transportation 308

Transportation Agile Defining Closing 308

ProjectManager.com

MARCH 19, 2024

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. Projects need resources, often consistently. Suppliers and contractors deliver those products and services that help fulfill the project.

Manufacturing 354

Manufacturing Construction Transportation Budget 354

Project Risk Coach

JANUARY 21, 2019

Risk - an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Risk - an uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Uncertain event or condition. Minimizing the use of the term risk.

Risk 331

Risk Risk Management Defining Planning 331

ProjectManager.com

DECEMBER 19, 2023

In terms of administration , construction timesheets make payroll easier. Construction sites aren’t manned by workers from one company, but there are many specific trades, such as plumbing, electrical and heating, ventilation and air conditioning (HVAC), working shoulder-to-shoulder who come from distinct contracting companies.

Construction 384

Construction Software Review Software Executing 384

Rebel’s Guide to PM

SEPTEMBER 2, 2021

Summary: Kickoff is a free project management training course from PMI. It will take you 45 minutes to complete and includes useful templates. It comes in two flavors: Agile and Waterfall and you can earn a badge for both. Are you looking for free project management training ? But what does getting started really mean? Let’s go!

PMI 319

PMI Agile Influencer Planning 319

ProjectManager.com

APRIL 24, 2024

Ordering a product and getting it delivered has become commonplace. While order processing seems to work fast and without issue, a lot is going on in the background to ensure the seamless management of placement, picking, sorting, packing and shipping. Plus, we’ll throw in some free templates to help streamline order processing.

Process 250

Process Software Manufacturing Logistics 250

ProjectManager.com

DECEMBER 6, 2023

If you haven’t heard the term before, we’ll begin with a definition of strategic project management and explain how strategic projects differ from operational projects. They are, after all, temporary and create a deliverable when completed. But this is a short-sided view that misses the big picture. What Is Strategic Project Management?

Planning 398

Planning PMO Manufacturing Logistics 398

Scrum.org

MARCH 14, 2024

They must balance short-term gains with long-term vision. Navigating Complexity and Uncertainty: The Product Owner needs to manage the complexities of product development by constantly assessing and responding to changing market conditions, technological advancements, and consumer trends.

2024 191

2024 Innovation Risk Management Defining 191

Rebel’s Guide to PM

MAY 7, 2023

OPAs and the PMP exam Let’s face it: I first came across the term OPA while reviewing PMP exam training material. You might have landed here for the same reason: studying for the PMP exam and wondering how to make sense of this nothing-y term. But what is an organizational process asset (OPA)? What are Organizational Process Assets?

Process 422

Process Technical Review Software Review Influencer 422

ProjectManager.com

MAY 21, 2021

The two parties come to an agreement on what the work will be, how long it will take and how much it is worth. These details are outlined and solidified in an official document; a contract. But what exactly goes into creating these documents? Drawing up a contract is not as simple as two parties sitting down and having a conversation.

Process 453

Process Construction Finance Initiating 453

ProjectManager.com

APRIL 29, 2022

The term project governance refers to the set of activities and guidelines that determine how a project will be planned, executed and managed. The government runs a nation and project governance in the same fashion runs the project. It might not be involved in the details, but it’s has an overview that is just as important. Structure.

Governance 370

Governance Government PMI Defining 370

ProjectManager.com

MAY 13, 2021

This includes deliverables, deadlines, and the terms and conditions of the contract. Managing a project is complex. Project managers are trained to plan schedules and allocate resources to meet deadlines and stay within budgets. Companies employ contract managers to manage this often-complicated contract process.

Software Review 235

Software Review Technical Review Logistics Budget 235

Project Risk Coach

OCTOBER 5, 2020

Let's clarify what we mean by the term risk. PMBOK® Guide An uncertain event or condition that, if it occurs, has a positive or negative effect on one or more project objectives. Why are many project managers confused over risks? Why do some project managers include positive risks in risk management and others do not? Provide examples.

Risk 418

Risk Prince2 Risk Management Governance 418

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. If you think about it in terms of a Kanban board, the Expedition moving to its next Basecamp is the Epic. But agile transformation isn’t a black art. But what if that doesn’t work?

Agile 131

Agile Governance Government Executing 131

ProjectManager.com

APRIL 5, 2023

There can be major or minor site changes depending on the condition of the plot. A site plan also called a plot plan, is a drawing made by the architect, urban planner or engineer that illustrates the existing and proposed conditions for the construction site. What Is a Construction Site? What Is Site Planning?

Construction 298

Construction Software Review Planning Infrastructure 298

ProjectManager.com

MAY 26, 2021

Both parties must adhere to its terms and conditions. Term, where the contract specifies a time period and level of effort the contractor must achieve. That’s why contracts vary from fixed-price contracts, in which the quoted price is final, to others with more flexibility. What Is Meant By Cost Reimbursement on a Project?

Risk Management 331

Risk Management Budget Risk Defining 331

Rebel’s Guide to PM

NOVEMBER 2, 2023

Managing resources in professional services firms is crucial for maintaining sustainability and achieving anticipated employee performance goals. But unfortunately, many resource managers have to rely on approximation and guesswork because they don’t have the right tools and techniques. What is an example of resource forecasting?

Underperforming Technical Team 299

Underperforming Technical Team Technical Review Software Review Estimate 299

Rebel’s Guide to PM

AUGUST 8, 2023

The strong correlation between excellent service and brand loyalty is also a driver for long-term business success, as the 9 trends explored below explain. Companies may reduce customer churn and create long-term client connections by concentrating on providing excellent customer experiences. year on year [iii]. year on year [iii].

Underperforming Technical Team 297

Underperforming Technical Team Artificial Inteligence Software Review 2011 297

ProjectManager.com

DECEMBER 7, 2022

All businesses have assets, and if you want to stay in business, you need to know what those assets are. To start, you have to do an equipment inventory and make an equipment inventory list. That’s not as easy as it might sound. There are many items to track in your equipment inventory. What Is an Equipment Inventory? Learn more.

Software Review 308

Software Review Manufacturing Controlling Software 308

ProjectManager.com

OCTOBER 17, 2023

But there are major differences that are important to understand. Construction phases have different names and require different documentation to begin with. We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. What Are the 5 Construction Phases?

Construction 339

Construction Process Project Life Cycle Software Review 339

ProjectManager.com

AUGUST 23, 2023

Learn more Why Project Risks Can Be Good We’ve all been conditioned to think of risks as negative. Types of Positive Risk Figuring out what is a positive risk (which can take a number of forms) can be hard because our brains are so conditioned to think of risks as bad. Risk is thought of as negative and in many cases it is.

Risk 341

Risk Risk Management Monitoring Project Cost 341

Scrum.org

MARCH 1, 2023

In the quest for short-term gains and rapid productivity, organizations are sacrificing their long-term agility and adaptability, just like the Titanic did. In the quest for short-term gains and rapid productivity, organizations are sacrificing their long-term agility and adaptability, just like the Titanic did.

Technical Review 188

Technical Review Finance Agile SCRUM 188

ProjectManager.com

MARCH 8, 2024

An RFI in construction is a process for getting clarification about documents, drawings, specifications or other project conditions when there are questions or confusion about what to do. This construction document helps subcontractors understand what they need to do if they have any questions. What Is an RFI in Construction?

Construction 318

Construction Software Review Engineering Budget 318

Rebel’s Guide to PM

OCTOBER 1, 2022

I looked for: Writing style and whether they were engaging and easy to follow Contents — how much did the book provide in terms of things you could repeat yourself at work? Here’s my list of top change management books for leaders. See this list (and some extras) on Amazon. Short on time? Buy Leading Change by John P.

Change Management 449

Change Management 2023 2012 Prince2 449

ProjectManager.com

APRIL 3, 2024

There’s also short-term storage in a warehouse or distribution center involved. What is order fulfillment and how does it differ from order processing and order management? We’ll explain that, the order fulfillment process and list the different types of order fulfillment models. What Is Order Fulfillment?

Process 377

Process Logistics Manufacturing Transportation 377

Kiron Bondale

JUNE 28, 2020

A sufficiently material unknown-unknown risk is realized whose impact cannot be absorbed leading to the first condition above. Doing this requires not only courage but also a sufficient level of psychological safety within the team to reduce the likelihood of team members choosing short-term conflict avoidance over long-term pain.

Planning 289

Planning 2011 Risk Management Risk 289

ProjectManager.com

NOVEMBER 17, 2023

Our unlimited file storage means that you can attach the SLA to a task card and include all pertinent information in the description of that card, including assigning it to a team member responsible for ensuring that the vendor is keeping to the terms of the agreement. What Is a Service Level Agreement (SLA)?

Software Review 350

Software Review Monitoring Defining Logistics 350

Rebel’s Guide to PM

JANUARY 30, 2024

Yes, there is a drive to get more people back in the office: the great power shift is seeing the presence of more and more employees being requested back in the office, but spending at least some of your week in the spare room or at the kitchen table is here to stay. And plenty of other jobs fit the same model.

2018 305

2018 Risk Management Energy Risk 305

ProjectManager.com

AUGUST 18, 2021

Aggregate planning is most often focused on targeted sales forecasts, inventory management and production levels in the mid-term (3-to-18-month) future. As stated, the goal of aggregate planning is figuring out the level of production, inventory and workforce required to respond to fluctuating demand in the medium term.

Planning 358

Planning Underperforming Technical Team Manufacturing Budget 358