Budget, Course and Process - Project Management Update

Using a Decision Flowchart in Project & Process Management

ProjectManager.com

DECEMBER 25, 2024

Whether managing a project or working to understand, analyze and improve the steps involved in a business process to achieve a specific goal, decisions need to be made. Once that course of action is clear, then project management software needs to be applied to schedule the tasks that will get one from where they are to where they want to be.

Process

Process Risk Management Budget Risk

Project Management for Professional Services Providers

ProjectManager.com

AUGUST 21, 2024

Project management software is encouraged, but for those not ready to upgrade, we’ll offer some templates to help with the processes involved in project management for professional services. This is done through project management processes, such as planning, scheduling, executing and monitoring projects. What Is Project Management?

Software Review

Software Review Monitoring Estimate Budget

7 Budget Templates for Business & Project Budgeting

ProjectManager.com

DECEMBER 13, 2023

The project budget is developed during the planning phase of a project. To help you get started, we have 7 free budget templates that you can download right now. 7 Budgeting Templates for Business and Project Budgeting Below are seven budget templates that you can use for estimating your project’s costs.

Budget

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

NOVEMBER 23, 2023

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget

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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

NOVEMBER 30, 2023

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? An IT budget consists of all the IT spending for an organization over one year.

Budget

Budget Software Review Infrastructure Monitoring

Change Champion: Key Roles & Responsibilities

ProjectManager.com

JULY 10, 2024

Of course, a change champion isn’t the whole picture in a change management process, but they’re vital for change. A change champion is a person who inspires, facilitates and leads the successful change management process from an organization’s current state to its future, desired state. It’s like turning a giant boat.

Change Management

Change Management Executing Monitoring Planning

Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

JANUARY 4, 2024

There are many ways to approach budgeting. Two of the more common approaches are bottom-up budgeting and top-down budgeting. Knowing which is right for you starts with understanding both of these budgeting approaches. Then we’ll show you how to make a budget using both so you can make an informed decision.

Budget

Budget Estimate Software Review Executing

How to Make a Change Management Communication Plan

ProjectManager.com

JULY 9, 2024

Change management communication is a key process to ensure that change is implemented properly by making sure everyone understands that change. Change management communication is a process used to get buy-in from stakeholders and have them support organizational change. Of course, that’s only the beginning.

Change Management

Change Management Planning Underperforming Technical Team Controlling

Best Project Cost Management Software

ProjectManager.com

OCTOBER 29, 2024

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. Of course, we will address price concerns and even collect impartial third-party reviews to round out our list. What Is Project Cost Management Software?

Project Cost

Project Cost Software Review Software Estimate

Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

NOVEMBER 22, 2023

Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. It’s not something that a business would want to sell over the course of its normal operations. What Is Capital Budgeting? What Is a Capital Project? But what is a capital asset?

Budget

Budget Software Review Planning Construction

Calculating the Production Budget (Formula & Example Included)

ProjectManager.com

NOVEMBER 3, 2023

There are financial constraints, of course, but there is also demand to think about. That’s why a production budget is essential. But what is a production budget and what should be included in one? We’ll answer those questions and then show you how to make a production budget so you’re always producing what your customers want.

Budget

Budget Manufacturing Software Review Estimate

Wicked Problem Solving Course Review (PMI)

Rebel’s Guide to PM

NOVEMBER 4, 2022

But do you really need a course on problem-solving? In this independent review, I’ll share: Whether the course is really worth it (I think so) Why it’s good for experienced project and change management practitioners Who shouldn’t do the course? The Wicked Problem Solving course. Who shouldn’t do this course?

PMI

PMI Technical Review 2021 Underperforming Technical Team

Real-life tips for managing Red projects and getting back to Green

Rebel’s Guide to PM

SEPTEMBER 1, 2024

Or some other criteria as defined in your project management process internally, that specifies what Red means for you. Escalating project status Generally, you’ll escalate the project status and flag it as Red through your normal reporting process. If you’re running over budget, you need approval to increase your budget.

Underperforming Technical Team

Underperforming Technical Team PMO Governance Government

The Risk Management Process in Project Management

ProjectManager.com

FEBRUARY 26, 2021

When you start the planning process for a project, one of the first things you need to think about is: what can go wrong? Project risk management is the process of identifying, analyzing and responding to any risk that arises over the life cycle of a project to help the project remain on track and meet its goal. It’s all about process.

Risk Management

Risk Management Risk Process Monitoring

What Is a Business Budget? Business Budgeting Basics

ProjectManager.com

JULY 11, 2023

Every business, even a not-for-profit business, needs a budget. A business budget can be looked at as the fuel that drives the business. To understand what that means, we first have to define what a business budget is, which we’ll do in a moment. What Is a Business Budget? There’s no setup required.

Budget

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Create & Manage a Project Budget Using Software

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. What Is a Project Budget? Learn More!

Budget

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8 Best Project Management Software for Architects

ProjectManager.com

NOVEMBER 6, 2024

Architects are one of the large group of professionals who are part of the construction project management process. Architectural project management software also provides transparency into project timelines, budgets and progress, which helps manage client expectations and builds trust.

Software Review

Software Review Software Construction Engineering

7 Free Resource Management Templates

ProjectManager.com

OCTOBER 16, 2024

From manufacturing to construction, these free resource management templates add consistency and efficiency to processes to result in better project outcomes. Download this free resource plan template for Excel to integrate with the project schedule and budget to keep on track and not overspend when in the execution state.

Software Review

Software Review Estimate Construction Budget

8 Best Project Management Software for Small Businesses

ProjectManager.com

DECEMBER 3, 2024

Small businesses will want software that either has a free plan or is competitively priced to be affordable to the company’s budget constraints. When projects veer off course deadlines are missed, costs increase and the project can expand beyond its original goals, as in scope creep.

Software Review

Software Review Software Budget Monitoring

10 Free Project Portfolio Management Templates for Excel and Word

ProjectManager.com

DECEMBER 5, 2024

This free project intake form template for Word formalizes that process to ensure that proposed projects align with organizational goals and objectives. PPM Resource Capacity Planning Template Capacity planning is one of the pillars of project portfolio management, which is simply the process of managing resources, time, teams and work.

Software Review

Software Review Risk Management Estimate Executing

How to create a project budget

Rebel’s Guide to PM

FEBRUARY 5, 2024

What is a project budget? A project budget is a financial document that lays out what you think you’ll spend on a project. ” The project budget might be phased over multiple quarters or years. What does creating a project budget involve? What is included in a project budget?

Budget

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How to Create an Event Budget

ProjectManager.com

NOVEMBER 22, 2022

Having to make an event budget adds another layer of stress. But it doesn’t have to be a nightmare if you follow a few simple steps to creating an event budget. If you’re struggling with the event budget it can negatively impact the whole event. What Is an Event Budget? How to Create an Event Budget. Learn more.

Budget

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BEE Methodology Practitioner Course Review

Rebel’s Guide to PM

MARCH 11, 2024

I’ve taken lots of training courses over the years, but most of the project management classes haven’t focused on change management at all, so I’ve been basically making it up and learning on the job (and I’ve written before about how change management fits into projects ). Who is the BEE Methodology Practitioner course for?

Software Review

Software Review Technical Review Certification Change Management

The Order Management Process Explained (Free Templates Included)

ProjectManager.com

APRIL 10, 2024

We’ll explain what order management is and explore how an order management process is conducted. There are, of course, people behind the order management process. We’ll define those roles and link to some free templates to download, which will help users facilitate the order management process. What Is Order Management?

Process

Process Logistics Manufacturing Transportation

11 Project management skills employers expect you to have

Rebel’s Guide to PM

JULY 12, 2024

I don’t have the time (or the requirement) to take a certification course, but I’m always prepared to develop the project management competencies I need to succeed. A project manager’s primary responsibility is to complete the project’s objectives with the resources provided within the agreed budget and schedule.

Technical Review

Technical Review Underperforming Technical Team Software Review Influencer

7 Best Project Management Accounting Software

ProjectManager.com

NOVEMBER 5, 2024

We review the best accounting project management software and highlight the key features, pros and cons, and, of course, the various plans and costs for a subscription. By automating many financial processes, the best project management software for accounting firms reduces administrative overhead and increases efficiency.

Software Review

Software Review Software Technical Review Budget

How to Create Marketing Budget: A Quick Guide

ProjectManager.com

NOVEMBER 16, 2022

But that process isn’t cheap. A marketing budget is how marketers know how much they can spend on their campaign. Understanding how to create a marketing budget is a key element of any marketing plan. Once you’ve made the marketing budget, you have to track it to ensure you stay within your marketing budget.

Budget

Budget Software Review Estimate Software

Overcoming Resistance to Change: Causes & Solutions

ProjectManager.com

JULY 5, 2024

Resistance to change is simply a desire to not adapt to a new way of thinking, processes or environment, to name only a few examples. Plans can be shared and collaborated on, which involves everyone in the process, and a baseline can be set to keep track of the plan against the actual execution to ensure it remains on schedule.

Software Review

Software Review Construction Change Management Controlling

Project Management Process Groups: A Quick Guide

ProjectManager.com

NOVEMBER 19, 2021

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups. Initiating Phase. Selecting the team.

Process

Process Monitoring Controlling Software Review

The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

OCTOBER 17, 2023

From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget. The construction bidding process will also begin at this point. This includes the final drawings and specifications.

Construction

Construction Process Project Life Cycle Software Review

Black Friday Training Bundle 2024

Rebel’s Guide to PM

NOVEMBER 25, 2024

I'm often asked when I'm teaching so-and-so course again, and the truth is that I now have so many classes that at one a month, you could be waiting a while before I get inspired to deliver that training again. In these training sessions, you will learn: How to set up a simple process to prioritize projects once and for all!

2024

2024 Technical Review Finance PMI

IT Service Management (ITSM): Frameworks, Processes & Phases

ProjectManager.com

OCTOBER 24, 2023

Information technology (IT) involves the use of computers, digital storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange electronic data. IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them.

Process

Process Infrastructure Information Technology Monitoring

16 Bid Proposal Templates for Word and Excel

ProjectManager.com

NOVEMBER 7, 2024

There are over a dozen templates that can help during the construction bidding process. Project management software is better at forecasting the details of the project correctly and then executing that project to ensure it’s delivered on time and within budget. However, templates are static documents.

Construction

Construction Software Review Estimate Budget

Event Scheduling Basics: How to Make an Event Schedule

ProjectManager.com

FEBRUARY 13, 2025

Event scheduling refers to the process of planning, organizing and coordinating the timing and logistics of an event. Event scheduling is part of the larger event planning process, and plans have been known to change. Heres a short rundown of the typical event scheduling process. What Is Event Scheduling?

Software Review

Software Review Transportation Logistics Budget

Decision Tree Analysis in Project Management & Strategic Planning

ProjectManager.com

JANUARY 1, 2025

A decision tree analysis is a tool used in project management, strategic planning and other disciplines to help those in a position of authority to evaluate different courses of action based on possible outcomes and their associated risks. Next, list all the options, alternatives, possible decisions or courses of action that can be taken.

Planning

Planning Risk Management Risk Estimate

The Production Process: Steps & Types

ProjectManager.com

AUGUST 22, 2023

Getting a product from an idea to the marketplace is a long journey that’s mapped in the production process. Another way to look at the production process is as a series of detailed steps that take you from one point to the next until you’ve completed the process. What Is a Production Process?

Process

Process Manufacturing Monitoring Budget

Project Board in PRINCE2: Key Roles and Responsibilities

ProjectManager.com

MARCH 19, 2025

While the project board is there to help and guide the project, first there has to be an approved project, plan, schedule and budget. Project Assurance The project board is responsible for guaranteeing independent project assurance and verifying that processes, risks and controls are managed. What Is PRINCE2?

Prince2

Prince2 Technical Review Software Review Governance

5 Simple Reasons Why Processes Don’t Work

Rebel’s Guide to PM

SEPTEMBER 29, 2022

I bet you have plenty of project management processes, don’t you? The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them. But I’m a big believer in making sure everything is fit for purpose and processes are included in that. Processes are too informal. “Oh,

Process

Process PMO Risk Management 2017

Project Evaluation Process: Definition, Methods & Steps

ProjectManager.com

MAY 9, 2022

To do so, they go through what’s called the project evaluation process and make use of project management software to help them manage their team’s work, plan and evaluate their project performance. Project evaluation is the process of measuring the success of a project, program or portfolio. What Is Project Evaluation? Learn more!

Process

Process Software Review Underperforming Technical Team Project Life Cycle

Best Salesforce Project Management Tools

ProjectManager.com

NOVEMBER 27, 2024

Its key features are CRM, sales and marketing automation, analytics and reporting, workflow and process automation, collaboration and its ability to integrate with other tools. This means no timesheets, budgeting or financial tracking. It lacks resource management, budget tracking and advanced reporting tools. We could go on.

Software Review

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Financial Aspects in Agile Product Management

Scrum.org

NOVEMBER 12, 2024

To overcome this challenge, product managers and owners must engage in the financial decision-making process proactively. Financial Lifecycle The financial lifecycle in agile product development is an ongoing, adaptive process rather than a fixed, one-time plan. Yet, this reluctance overlooks the inherent benefits of dynamic budgeting.

Agile

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Manufacturing Process Planning: Steps, Types & Benefits

ProjectManager.com

MARCH 28, 2023

Manufacturers need to have a process by which to make or assemble their products. Before they go into production, therefore, they must engage in what’s called process planning. Learn what process planning is, including why it’s so important and the different types there are. What Is Process Planning?

Manufacturing

Manufacturing Process Planning Engineering

Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

Rebel’s Guide to PM

MARCH 29, 2024

Do you need to write a budget proposal report? We start with the 5 easy steps to plan and write your budget proposal. A proposal budget is similar to a project budget, but with a very different goal. A proposal budget is similar to a project budget, but with a very different goal. I’ll show you how.

Budget

Budget Planning Estimate Consulting

Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

AUGUST 12, 2024

I like the definition of risk management from the Sixth Edition, which defines it succinctly: Project risk management includes the processes of conducting risk management planning, identification, analysis, response planning, response implementation and monitoring risk on a project. Talk to them about the process for doing that.

Risk Management

Risk Management Risk Underperforming Technical Team Technical Review

Using a Decision Flowchart in Project & Process Management

Project Management for Professional Services Providers

Trending Sources

7 Budget Templates for Business & Project Budgeting

Capital Budgeting: Definitions, Steps & Techniques

What Is an IT Budget? IT Budgeting Basics (Template Included)

Change Champion: Key Roles & Responsibilities

Bottom-Up vs. Top-Down Budgeting Approaches

How to Make a Change Management Communication Plan

Best Project Cost Management Software

Capital Projects: Capital Planning, Budgeting and Funding

Calculating the Production Budget (Formula & Example Included)

Wicked Problem Solving Course Review (PMI)

Real-life tips for managing Red projects and getting back to Green

The Risk Management Process in Project Management

What Is a Business Budget? Business Budgeting Basics

Create & Manage a Project Budget Using Software

8 Best Project Management Software for Architects

7 Free Resource Management Templates

8 Best Project Management Software for Small Businesses

10 Free Project Portfolio Management Templates for Excel and Word

How to create a project budget

How to Create an Event Budget

BEE Methodology Practitioner Course Review

The Order Management Process Explained (Free Templates Included)

11 Project management skills employers expect you to have

7 Best Project Management Accounting Software

How to Create Marketing Budget: A Quick Guide

Overcoming Resistance to Change: Causes & Solutions

Project Management Process Groups: A Quick Guide

The 5 Phases of the Construction Process (Templates Included)

Black Friday Training Bundle 2024

IT Service Management (ITSM): Frameworks, Processes & Phases

16 Bid Proposal Templates for Word and Excel

Event Scheduling Basics: How to Make an Event Schedule

Decision Tree Analysis in Project Management & Strategic Planning

The Production Process: Steps & Types

Project Board in PRINCE2: Key Roles and Responsibilities

5 Simple Reasons Why Processes Don’t Work

Project Evaluation Process: Definition, Methods & Steps

Best Salesforce Project Management Tools

Financial Aspects in Agile Product Management

Manufacturing Process Planning: Steps, Types & Benefits

Planning a Budget for a Proposal in 5 Easy Steps (+ Example)

Project Risk Management: How-to guide (with tips)

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