ProjectManager.com

DECEMBER 13, 2023

The project budget is developed during the planning phase of a project. It’s a document that captures the total costs required to complete a project over a specified timeframe. The more accurate your forecast for project costs, the more likely you’ll be able to deliver a successful project and make a profit.

Budget 386

Budget Construction Estimate Executing 386

ProjectManager.com

JULY 5, 2023

Construction costs are one of many metrics that a general contractor has to keep an eye on. But if the construction cost goes over budget, that’s coming out of the contractor’s pocket. That’s why construction cost management is so important. What Is Construction Cost Management?

Construction 320

Construction Estimate Monitoring Budget 320

ProjectManager.com

DECEMBER 14, 2023

In construction, there are many hats or hard hats as the case may be. One of the most important, but less heralded positions is that of the construction superintendent. One of the most important, but less heralded positions is that of the construction superintendent. What Is a Construction Superintendent? Many things.

Construction 407

Construction Monitoring Certification Engineering 407

ProjectManager.com

MARCH 8, 2024

An army of subcontractors each with their own specific discipline complete construction projects. An RFI in construction is a request for information. This construction document helps subcontractors understand what they need to do if they have any questions. What Is an RFI in Construction?

Construction 352

Construction Software Review Engineering Budget 352

ProjectManager.com

MARCH 22, 2024

Construction projects are often long and complicated endeavors. What’s included in the contractor payment schedule and the different types are a critical part of the professional relationship between the project owner and the general contractor. The construction payment schedule can be looked at as a sort of insurance.

Construction 348

Construction Software Review Budget Defining 348

ProjectManager.com

OCTOBER 24, 2024

Construction projects are more likely to succeed with online project management software. But not all construction projects are the same and not all firms in the construction industry are the same. Despite this list of construction management software for small contractors, there is no small job.

Construction 311

Construction Software Review Software Estimate 311

ProjectManager.com

APRIL 19, 2023

There’s more than one way to manage a construction project. From the world of manufacturing comes an approach called lean construction. But lean manufacturing and lean construction are two different things. Let’s explore lean construction, defining what it is and its key principles. What Is Lean Construction?

Construction 350

Construction Lean Manufacturing Engineering 350

ProjectManager.com

MAY 9, 2024

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. What Is Budget Variance?

Budget 319

Budget Estimate Software Review Project Cost 319

ProjectManager.com

JANUARY 27, 2022

It’s not easy for construction companies to make accurate budget forecasts. There are many variables to consider, from market to labor costs and always-fluctuating prices. But creating a detailed budget is key to successful construction project management. What are Hard Costs In Construction?

Construction 339

Construction Certification Project Life Cycle Software Review 339

ProjectManager.com

AUGUST 4, 2022

Construction delivery methods matter. They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction project management, which is why knowing the best construction delivery method is so important. What Is a Construction Delivery Method?

Construction 328

Construction Risk Management Risk Closing 328

ProjectManager.com

APRIL 23, 2021

No matter the project or the team, it is important to outline expectations. This is especially true of construction projects. Construction projects often require outside specialists to complete aspects of the work, and construction contracts bridge the gap between contractors who they hire so everyone knows what is required.

Construction 302

Construction Budget Closing Risk Management 302

ProjectManager.com

JULY 13, 2022

Whether you call it a material takeoff, quantity takeoff, construction takeoff or simply takeoff, the reference remains the same. Material takeoff is part of a detailed and effective construction cost estimate. The more accurately you can forecast your construction project cost, the better. Learn more.

Construction 318

Construction Estimate Monitoring Budget 318

ProjectManager.com

APRIL 26, 2023

Construction companies have to do some heavy lifting, and that’s not just the steel and concrete they use to erect buildings, bridges and other structures. There are many different types of materials and labor that go into their work that requires their contracts to have construction specifications.

Construction 301

Construction Software Review Estimate Executing 301

ProjectManager.com

JUNE 29, 2022

Construction project management covers a massive number of projects and there are all sorts of builds associated with it. Most people think of the housing market when they think of construction, especially single-occupancy homes, but that’s only a small fraction of the industry. What Is Commercial Construction Management?

Construction 256

Construction Software Review Retail Engineering 256

ProjectManager.com

JULY 21, 2022

There are different ways to deliver a construction project. The elements of any construction project delivery include design, planning, construction and financing. Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity.

Construction 309

Construction Risk Management Risk Infrastructure 309

ProjectManager.com

MAY 30, 2023

The general contractor is responsible for all the construction contracting activities that occur on a construction site. These general conditions in construction are varied and costly. If you’re a general contractor working in construction project management, you’ll need to know about general conditions.

Construction 259

Construction Infrastructure Estimate Defining 259

ProjectManager.com

OCTOBER 9, 2024

This is where an estimate template can help set a project up for success. Download these free estimate templates to deliver projects on time, within budget, and according to stakeholders’ expected quality standards. Use these estimate templates for projects, contractors, budgets and many more. Learn more 2.

Estimate 357

Estimate Software Review Construction Budget 357

ProjectManager.com

MARCH 20, 2024

Construction projects are structured with schedules, budgets and resource allocation. Many people work on them, from general contractors overseeing subcontractors to architects and, of course, the project owner. Everyone involved in the construction planning should attend the preconstruction meeting.

Construction 366

Construction Software Review Estimate Underperforming Technical Team 366

ProjectManager.com

JANUARY 25, 2024

Projects cost money. 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. That process is called project cash flow. We’ll look at project cash flow, what it is and how to calculate and manage it.

Construction 389

Construction Project Cost Budget Monitoring 389

ProjectManager.com

JUNE 19, 2024

However, to oversee fully-fledged projects, complete with complex schedules, resources allocations and detailed task data required integration. It has over 10,000 customers throughout the world, including in construction, distribution, manufacturing, retail and professional services.

Construction 408

Construction Manufacturing Finance 2008 408

ProjectManager.com

MAY 12, 2021

Before you decide on how to pay for the services related to your next project, take a moment to look into what a time and materials contract is and when it’s advisable to use one. What Are Time and Materials on a Construction Project? All tasks in a construction project use some material and take time to execute.

Construction 453

Construction Estimate Executing Monitoring 453

ProjectManager.com

OCTOBER 5, 2023

Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. This is why in project management and business in general cost control is so important. What Is Cost Control? It’s as simple as that. Seek it out.

Controlling 369

Controlling Manufacturing Construction Underperforming Technical Team 369

ProjectManager.com

DECEMBER 12, 2023

Construction project management relies on good planning, experienced contractors and powerful construction project management software. While Procore is a known name in construction project management, many construction managers are looking for a Procore alternative. Procore falls short in many ways.

2024 399

2024 Construction Software Review Estimate 399

ProjectManager.com

NOVEMBER 6, 2024

Architects are one of the large group of professionals who are part of the construction project management process. Like the general contractor, engineer or field crew, their work is made more efficient by the use of project management software. But is there project management software for architects?

Software Review 281

Software Review Software Construction Engineering 281

ProjectManager.com

MAY 28, 2024

Buildertrend is construction project management software used by residential builders, from custom builders to specialty contractors and remodelers. This cloud-based solution helps to manage projects, reduce errors and increase customer satisfaction. Plan with dependencies, track baselines and filter for the critical path.

2024 352

2024 Software Review Construction Estimate 352

ProjectManager.com

NOVEMBER 5, 2024

Accounting project management software integrates project management features with financial and accounting tools to provide a well-rounded approach to delivering successful projects. This improves financial oversight by providing a clear view of project costs and financial performance.

Software Review 329

Software Review Software Technical Review Budget 329

ProjectManager.com

MARCH 14, 2024

However, organizations use project strategy for more complicated strategic projects rather than operational projects. The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. That’s the project scope.

Budget 409

Budget PMO Defining Estimate 409

ProjectManager.com

MARCH 1, 2024

On the left side, there’s a list of project tasks and details such as due dates, duration and assignee. On the right side, there’s a stacked bar chart that uses bars to represent project tasks on a timeline. When managing a project you don’t want your hands tied with inferior tools.

Software Review 365

Software Review Construction Monitoring Budget 365

ProjectManager.com

JANUARY 17, 2024

Tracking labor costs in projects or business operations progress is important to ensure you’re not overspending. This might cause you to go over your project budget or affect the profitability of your business, especially in labor-intensive industries such as construction or manufacturing.

Retail 383

Retail Manufacturing Construction Software Review 383

ProjectManager.com

AUGUST 15, 2023

When a contractor bids on a project or a manufacturer takes on a job, they need to have an accurate forecast of the price for the project to make a profit, which is why job costing is so important. We’ll go over all, plus explain when to use job costing and provide an example of job costing to make sure the definition is clear.

Manufacturing 286

Manufacturing Construction Estimate Project Cost 286

ProjectManager.com

MARCH 2, 2020

There are many tools that can mitigate risk in a project, but it also takes skill in something called project controls. Like the name implies, project controls are about controlling the project and keeping it from exceeding budgets and deadlines. In fact, it works throughout the entire life cycle of a project.

Controlling 413

Controlling Underperforming Technical Team Estimate Risk Management 413

ProjectManager.com

OCTOBER 16, 2024

Resources include the needed people, equipment, raw materials and so on to execute project tasks. From manufacturing to construction, these free resource management templates add consistency and efficiency to processes to result in better project outcomes. But it’s not a one-and-done activity. Learn more 2.

Software Review 283

Software Review Estimate Construction Budget 283

ProjectManager.com

JULY 30, 2024

Program managers can also use the program roadmap to track progress to ensure that all projects are staying on schedule, budget and keeping to quality standards. This visual representation lays out the projects in a program in a digestible way. Project Milestones Project milestones mark important dates, deliverables or events.

Software Review 370

Software Review Monitoring Budget Risk Management 370

ProjectManager.com

NOVEMBER 7, 2024

ProjectManager has over 100 free project management templates for Excel and Word that can be downloaded now. There are over a dozen templates that can help during the construction bidding process. Project Proposal Template Another versatile document is this free project proposal template for Word.

Construction 299

Construction Software Review Estimate Budget 299

ProjectManager.com

OCTOBER 19, 2022

No one needs to tell you that projects cost money. But how much they’ll cost is an open question. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough order of magnitude (ROM) can help you better estimate project costs.

Estimate 382

Estimate Software Review Budget Project Cost 382

ProjectManager.com

JANUARY 10, 2024

PMOs can use project management software to review and decide on whether to accept, reject or defer the request. ProjectManager is award-winning project management software that estimates project costs and creates budgets to show the viability of the request. Project management is all about efficiency, after all.

Process 386

Process PMO Software Review Estimate 386

Rebel’s Guide to PM

NOVEMBER 8, 2021

It does help with projects though. Making an educated guess about project tasks is a good skill to have. In this article I’ll share estimating techniques for schedules and budgets: the kind of things we need to know to get projects done. We create estimates mainly for project budgets and project schedules.

Estimate 400

Estimate Budget Technical Review Software Review 400