ProjectManager.com

MAY 16, 2024

Then we’ll explore scenario planning in business and project management before explaining the steps that must be taken to use this process. By using regular and consistent scenario planning, organizations can better allocate resources successfully, mitigate risk and decrease production costs. What Is Scenario Planning?

Planning 378

Planning Software Review Underperforming Technical Team Risk Management 378

ProjectManager.com

JUNE 26, 2024

To quickly adjust to change and lessen its negative effects requires understanding what change impact assessment is and then knowing how to conduct a change impact analysis. Change impact assessment is a key part of managing any organization or project. What Is Change Impact Assessment? Get started with ProjectManager today for free.

Risk Management 319

Risk Management Estimate Risk Monitoring 319

ProjectManager.com

JANUARY 24, 2023

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

Risk Management 315

Risk Management Risk Software Review Monitoring 315

ProjectManager.com

JUNE 15, 2022

Software development estimation is an essential part of many projects. Despite its importance, software development estimation is often overlooked. Maybe that’s because it’s difficult to estimate properly. Let’s explore how software development estimation works and its techniques and tools. Learn more.

Software Developers 326

Software Developers Software Development Estimate Software Review 326

Inloox

NOVEMBER 16, 2021

Risk analysis with the FMEA method The abbreviation FMEA stands for Failure Mode and Effects Analysis. The FMEA method is therefore much more than just a risk management method. In project management, this tool is mainly used in quality assurance and risk management.

Risk Management 264

Risk Management Risk Software Developers Software Development 264

Rebel’s Guide to PM

SEPTEMBER 8, 2021

What is a method in project management? We have a ton of project management methods – some you probably don’t spend much time thinking about at all. Types of project management methods. Project management uses lots of methods. But there are some specific project management methods. Earned value analysis.

Underperforming Technical Team 450

Underperforming Technical Team Estimate Software Review Risk Management 450

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? Project Integration Management.

Risk Management 512

Risk Management Monitoring Controlling Estimate 512

Project Risk Coach

MARCH 26, 2016

Often times, risks occur and project managers lack adequate schedule reserves. Once burned, many project managers start a bad habit – padding their project schedules. If a project is estimated at 120 days, the project manager may add a 10% pad, an additional 12 days. Analyzing the Highest Risks.

Risk 218

Risk Underperforming Technical Team Risk Management Estimate 218

ProjectManager.com

AUGUST 6, 2024

Projects are made or broken by how time is managed. Planning, scheduling, monitoring and controlling are all key elements of project management that work to ensure the time spent and progress made over the life cycle of the project is as efficient as possible. Why Use Time Management Templates?

Software Review 387

Software Review Technical Review Estimate Monitoring 387

ProjectManager.com

OCTOBER 29, 2024

Project cost management software is an essential tool from construction to IT and professional services. What Is Project Cost Management Software? Project cost management software is a tool designed to help project managers and teams plan, estimate, budget and control costs throughout the project life cycle.

Project Cost 347

Project Cost Software Review Software Estimate 347

Rebel’s Guide to PM

MARCH 11, 2021

Where is artificial intelligence taking project management? AI has turned up in the project management trends articles over the past few years and it’s now most definitely here to stay. The impacts of artificial intelligence in project management. PWC predicts that 80% of project management work will be eliminated by 2030.

Artificial Inteligence 513

Artificial Inteligence 2030 Technical Review Underperforming Technical Team 513

Project Risk Coach

MARCH 18, 2016

How can we better your quantitative risk analysis? What is Quantitative Risk Analysis? In the project world, a project manager says she is afraid that the team will not complete a testing activity on time — a qualitative statement. The Importance of Quantitative Risk Analysis. Click To Tweet.

Risk 210

Risk Estimate Risk Management Budget 210

Online PM Courses

APRIL 7, 2024

Basic risk analysis is easy to understand. But there's one pitfall that too many Project Managers fail to avoid: estimating likelihood. The post Risky Analysis: Pitfalls and Good Practices in Estimating Likelihood appeared first on OnlinePMCourses.

Estimate 158

Estimate Risk Management Risk 158

ProjectManager.com

SEPTEMBER 14, 2021

What is a Risk Register? A risk register is a tool in risk management and project management. It is used to identify potential risks in a project or an organization, sometimes to fulfill regulatory compliance but mostly to stay on top of potential issues that can derail intended outcomes.

Risk 415

Risk Software Review Technical Review Risk Management 415

Rebel’s Guide to PM

OCTOBER 26, 2020

Weddings — in fact, event planners are excellent at managing fixed date projects because every event has a fixed date on which it will take place and the project to deliver the event has to be done on time. LeRoy Ward, PMP , PgMP, and PMI Eric Jenett Project Management Excellence Award winner, when I asked him for his view.

Telecoms 482

Telecoms 2010 Estimate Prince2 482

Project Risk Coach

DECEMBER 11, 2022

You are a project manager and have to make decisions on the fly. And this can be particularly difficult when estimating the cost and the timeline of complex, volatile projects. In this article, I will share what you need to know about Monte Carlo risk analysis , how it works, and an overview of when it should be used.

Estimate 195

Estimate Risk Management Risk Budget 195

ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 433

Risk Risk Management Project Life Cycle Software Review 433

ProjectManager.com

AUGUST 23, 2024

You can also use it to see how effectively the project was managed. It’s a post-project review or post-implementation review, which is part of your project management responsibilities. To answer those and more questions, you need to follow a process, which is much easier with project management software. Download Word File 5.

Software Review 393

Software Review Underperforming Technical Team Closing Project Life Cycle 393

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

Rebel’s Guide to PM

JUNE 25, 2020

Are you biased as a project manager? In this article we’ll talk about the different types of bias in project management. A project manager is the linchpin of a successful project. Let’s look at what heuristics and biases exist in management and what we can do to reduce their impact on our projects.

Technical Review 492

Technical Review 2007 Finance Estimate 492

Project Risk Coach

JUNE 22, 2020

Poor estimates are often a major factor in these projects. So, let's look at 7 ways to improve project estimates. Define the project work One of the top reasons for poor estimates is poor project definition. How can project managers help overcome this problem? Have the subject matter experts estimate the work.

Estimate 195

Estimate Underperforming Technical Team Risk Management Defining 195

ProjectManager.com

SEPTEMBER 4, 2024

There are over 100 free project management templates for Excel and Word available to download right now on our site. They cover every phase of managing a project and can be used across industries. Project management software is more conducive to sharing strategic plans. SWOT Analysis Template You can’t set goals blindly.

Underperforming Technical Team 343

Underperforming Technical Team Software Review Construction Executing 343

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 464

Underperforming Technical Team 2009 Controlling Risk Management 464

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. This is why in project management and business in general cost control is so important. Learn how cost control can help you better manage construction or manufacturing projects. The lower your costs, the higher your profits.

Controlling 369

Controlling Manufacturing Construction Underperforming Technical Team 369

ProjectManager.com

OCTOBER 14, 2024

Organizations are continually looking for leadership team that’s experienced in business process management (BPM). Let’s look at business process improvement (BPI), define it, explore strategies and then note the business and project management tools that can help implement and analyze progress in your company.

Process 410

Process Technical Review Software Review Manufacturing 410

ProjectManager.com

JULY 3, 2024

When managing projects, change management helps to avoid its negative effects, and a change readiness assessment is one of the ways how it does this. Being prepared for change helps to mitigate the risks associated with those changes. It might be a cliche, but those who ignore it are doomed to learn a lesson the hard way.

Software Review 312

Software Review Risk Management Risk Governance 312

ProjectManager.com

DECEMBER 5, 2019

A PERT chart can help you manage your project. But what is a PERT chart and how does it assist project managers when they’re working on larger, more complex projects? A PERT chart is a tool that can help project managers schedule, organize and coordinate tasks in their projects. What Is a PERT Chart? History of PERT Charts.

Estimate 487

Estimate 2019 Software Review Controlling 487

Project Risk Coach

OCTOBER 23, 2021

Some project managers have a defensive mindset. 3 Is an Opportunity a Risk, Really? Project managers may use qualitative and quantitative risk analysis to evaluate opportunities. Consequently, these project managers and team members fail to take advantage of these upside risks. Table Of Contents.

Underperforming Technical Team 363

Underperforming Technical Team Risk Management Project Life Cycle Risk 363

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). It’s used by PMOs to manage the requests they get from the many projects they’re overseeing. PMOs can use project management software to review and decide on whether to accept, reject or defer the request. That’s normal.

Process 386

Process PMO Software Review Estimate 386

Rebel’s Guide to PM

APRIL 21, 2021

What makes a bad project manager? And how can you be a good project manager? A Bad Project Manager offloads the overall responsibility on others , claiming that they are just there to “oversee” things. A Bad Project Manager is a bystander, not a leader. They perform competitor analysis and evaluate alternatives.

2021 485

2021 PMO Executing Risk Management 485

ProjectManager.com

JANUARY 12, 2024

Finally, we’ll see how project management software allows you to better manage your workforce. Strategic workforce planning is used by an organization or its project management office (PMO) to achieve its long-term plans. Both of these are ways to measure resource management and are interrelated.

Planning 378

Planning Estimate Risk Management Budget 378

ProjectManager.com

DECEMBER 5, 2024

Project portfolio management (PPM) is the centralized management of all projects within an organization to ensure that they align with the overall strategic goals, deliver value, and are executed efficiently. Our software has tools to plan, manage and track programs, portfolios, resources and more. Learn more 2.

Software Review 248

Software Review Risk Management Estimate Executing 248

ProjectManager.com

APRIL 16, 2024

Once you create this Excel project timeline, you can use this template to estimate future project timelines using project tasks and due dates. Get your free Timeline Template Use this free Timeline Template for Excel to manage your projects better.

Software Review 402

Software Review Estimate Executing Monitoring 402

ProjectManager.com

NOVEMBER 21, 2023

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management? What Is Project Financial Management?

Finance 370

Finance Estimate Budget Risk Management 370

ProjectManager.com

MARCH 21, 2022

Whether you’re a numbers person or not, as a project manager, ownership of a budget is usually a key part of your job responsibilities. Creating and managing a project budget can be a daunting task, but it can be easy if you use the right project budgeting software. ProjectManager has real-time dashboards to monitor project costs.—

Budget 341

Budget Software Review Software Estimate 341

Rebel’s Guide to PM

SEPTEMBER 3, 2021

You wouldn’t believe the number of project managers I speak to on mentoring calls who struggle to get their budget approved. This article will explain project contingency, how to calculate contingency and how to manage it within the scope of your projects. So risk is critical to understanding contingency: that’s the first step.

Technical Review 307

Technical Review Software Review Estimate Risk Management 307

ProjectManager.com

SEPTEMBER 16, 2020

There’s never enough time when managing a project. Project managers don’t have the luxury to quote poems to stakeholders when going off track. Changes in a project are common, but it’s the project manager’s responsibility to make sure that those changes don’t produce a negative impact on the project schedule. It’s a trade off.

Software Review 520

Software Review Budget Risk Management Controlling 520