ProjectManager.com

SEPTEMBER 16, 2020

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

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ProjectManager.com

AUGUST 13, 2021

There is heavy equipment, crews working in precarious situations and complicated logistics to manage. How do you meet your deadline while managing all that risk? The answer is construction risk management. It can be mind-bogglingly complex, which is you should make a detailed construction risk management plan.

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ProjectManager.com

JUNE 6, 2023

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget.

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ProjectManager.com

MAY 16, 2023

An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. We’ll explain that and go into what should be included in your operating budget.

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ProjectManager.com

APRIL 25, 2023

Whether you’re running a company or a project, you’re going to have to deal with a budget. A budget is the spending plan that you forecast using estimates of income and expenses. To ensure you’re keeping to that ever-important operating budget, you’ll be making a regular budget report as well as referencing financial statements.

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ProjectManager.com

OCTOBER 20, 2021

There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. It’s no wonder so much of project management is focused on risk! What is a Project Risk? Negative risk?

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LiquidPlanner

MAY 24, 2023

That’s why effective project management should go beyond theory, and expand to include risk factors – both internal and external. A practical project risk management strategy accounts for team member miscommunications and mistakes, scope creep and shifting client expectations, and any technical difficulties along the way.

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ProjectManager.com

DECEMBER 3, 2019

You identify them, record them, monitor them and plan for them: risks are an inherent part of every project. Some risks are bound to become problem areas—like executing a project over the holidays and having to plan the project timeline around them. But first, what is risk management? What is Risk Management?

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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.

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The IIL Blog

FEBRUARY 28, 2024

By Jorgelina Bross-Puglisi February 28, 2024 Project Managers Have One Key Goal: Project Success By integrating risk management into project management processes, project managers can anticipate and respond to potential challenges, increasing the likelihood of project success. So why not ask AI to give us a hand?

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The IIL Blog

JULY 24, 2024

By Rick Lemieux – Co-Founder, DVMS Institute July 24, 2024 Cybersecurity project managers manage risk and threats in cybersecurity projects. Benefits of Effective Project Management in Cyber Security Risk Management Effective project management can benefit organizations in the cybersecurity risk management industry.

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ProjectManager.com

JUNE 26, 2024

Change impact assessment is a key part of managing any organization or project. After a change impact assessment and change impact analysis, organizations can make better decisions, allocate resources more effectively and reduce risks to the organization or project. Stakeholders get an overview of everything on the calendar view.

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ProjectManager.com

AUGUST 7, 2024

A work-in-progress (WIP) report is one of the tools used to track the budget. This is an essential part of managing a construction project as it helps the general contractor calculate the progress of all ongoing work, allowing them to see what’s done and what’s outstanding. This will eat into a general contractor’s profit margin.

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ProjectManager.com

SEPTEMBER 11, 2024

When you initially learn about resource tracking, you might wonder how it differs from project management. While there are similarities between the two, resource tracking helps support the project management process. Without resource tracking projects can quickly become out of scope, over budget and behind schedule.

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LiquidPlanner

MAY 24, 2022

If project management were an off-road 4×4 expedition, where teams had to plot a course through the unknown, cost and schedule contingency would be akin to the number of spare fuel cans you can carry successfully to complete the trip. Risk is not solved with a calculation. Are there unexpected risks now emerging?

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LiquidPlanner

FEBRUARY 14, 2022

Risk and uncertainty are inherent parts of all project work, making project risk management an important topic for teams to address. When studies tell us that easily half of all IT projects run over budget and past deadline , we see how easily risk turns into real trouble for projects and their organizations.

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The IIL Blog

SEPTEMBER 13, 2023

By Alan Zucker We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Our risks were identified, but a response strategy was never created.

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ProjectManager.com

AUGUST 22, 2024

Risks are a bit different than issues; risks are issues that haven’t happened yet. By identifying what risks are probable, you can prepare for them and have a response in place if and when they show up in your project. That’s called risk or issue management. Risks are the potential problems lurking in your project.

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ProjectManager.com

AUGUST 27, 2024

It gives managers an instant status report to see if the project is progressing as planned, if costs are aligned with the budget and other metrics to help stay on track. ProjectManager has real-time project and portfolio management dashboards that work better than templates. It captures various key performance indicators (KPIs).

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ProjectManager.com

OCTOBER 30, 2024

Finally, we demonstrate how upgrading to project management software adds efficiency to the process. That’s why professional services firms use project management software. ProjectManager is award-winning project and portfolio management software with multiple project planning and scheduling tools.

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ProjectManager.com

FEBRUARY 27, 2024

Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project planning templates are part of project management. That’s how you deliver on time and within budget.

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Project Risk Coach

JANUARY 1, 2019

Thank you for being a part of the Project Risk Coach Community. In this article, I'm sharing my most popular blog posts of 2018. So, just how many of you came to the Project Risk Coach website in 2018? Hopefully, you've gained further insights for identifying, evaluating, responding to and controlling your risks.

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ProjectManager.com

SEPTEMBER 10, 2024

This means that resource analysis in project management is the process that project managers use to help them determine the availability of resources, allocate those resources effectively and identify potential constraints. To better understand resource capacity, project managers will evaluate capability analysis and workload capacity.

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ProjectManager.com

AUGUST 23, 2023

When managing a project, there will inevitably be changes or other issues that impact the project. To prevent going off schedule or overspending, project managers are always balancing the project management triangle, which is made up of the three main project constraints. What Is the Project Management Triangle?

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Project Risk Coach

JUNE 4, 2023

In the world of project management, troubled projects can be a source of frustration, stress, and disappointment for both teams and stakeholders. These projects often fail to meet their objectives, experience delays, exceed budgets, or even result in complete failure.

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ProjectManager.com

JANUARY 23, 2024

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

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ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

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ProjectManager.com

OCTOBER 20, 2023

The construction phase plan is a critical construction project management document that helps to ensure a safe project. At the end of the blog, we’ll provide links to some related construction project management templates that can help you with your construction phase plan. Get started with ProjectManager today for free.

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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.

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ProjectManager.com

JULY 24, 2024

Projects help execute those strategic plans, and organizational project management is the framework that aligns that work to the organization’s objectives. Let’s start by digging deeper into the definition of organizational project management and the various components that make it up. What Is Organizational Project Management?

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ProjectManager.com

SEPTEMBER 17, 2024

Whether you’re a developer, general contractor, manufacturer, professional services provider or IT director, keeping track of those changes is essential to managing project assets. Version control in project management is the process that manages and tracks those changes. What is version control in project management ?

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ProjectManager.com

JUNE 28, 2023

Projects are divided into phases to make them more manageable. Project monitoring and control is how a project manager ensures the plan they’re implementing with the project team goes off without a hitch. There are five phases in the project management process: initiation, planning, execution, monitoring and controlling and closing.

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Project Risk Coach

JANUARY 2, 2017

So much so, I’ve decided to leave the corporate world to help more project managers than ever. Approximately 42,000 visitors came to The Project Risk Coach in 2016, up from 33,000 visitors in 2015. Top Blog Posts for 2016. How to Determine Project Budget Reserves – 3,091. It’s been a great year.

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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?

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ProjectManager.com

JULY 17, 2024

Being able to identify them and their relationship to the project informs how to manage their expectations. There’s also a free stakeholder register template to download and use when managing stakeholders. Project management software can take a stakeholder register to the next level. What is a stakeholder register?

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ProjectManager.com

JUNE 12, 2024

In this blog, we’ll review the main pros and cons of making a Gantt chart in Google Docs. ProjectManager is award-winning project and portfolio management software with powerful Gantt charts that have features to create a visual project schedule, assign work to your team members, monitor their progress and much more.

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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. Cost control as a process begins with budgeting.

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