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Tracking Budget Variance in Project Management

ProjectManager.com

Projects are planned, but those plans are rarely executed with changes. Those disruptions can play havoc on a project’s budget. Therefore, project managers are always tracking budget variance to deliver projects without breaking the bank. We’ll define project variance below as well as what a budget variance analysis is.

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10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. What is Project Execution? Project Execution Steps. Execute Project Scope.

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Enterprise Environmental Factors in Project Management

ProjectManager.com

Projects aren’t executed in a vacuum. It’s easy to get lost in the planning and execution as these are foundational processes that help deliver successful projects. These constraints include the cultural, political, legal and environmental landscape in which the project is being executed.

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PMO as a Service (PMaaS): Benefits, Disadvantages & Best Practices

ProjectManager.com

A project management office (PMO) as a service (PMOaaS) is a way for companies to execute their enterprise strategy. Using a PMO as a service is ideal for organizations with a lower project management maturity, or those that just execute projects sporadically and don’t need to establish an in-house PMO.

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How to Manage Stakeholder Expectations

ProjectManager.com

They are going to want to know how the project is progressing and whether it’s scheduled to deliver on time and within its budget. These are usually a combination of things, from the delivery of the final product or service meeting the quality expectations set up the stakeholders to finishing the project on time and within budget.

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7 Ways to Sell Agile to Project Stakeholders

LiquidPlanner

Whether you’re making the move to Agile project management in your development group or creating an Agile process for your in-house project management methodology, chances are you’re going to have to sell this change to executives in your organization. Frequently asked executive questions about the project team performance.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project. Here are some of the more common examples.

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