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 help you master that process, we’ll even provide a link to download a free resource analysis template.

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ProjectManager.com

JUNE 6, 2023

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. What Is a Budget?

Budget 382

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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. That is, define what the communication should accomplish.

Change Management 457

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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.

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ProjectManager.com

AUGUST 14, 2024

To define those KPIs, use SMART goals, which are specific, measurable, achievable, relevant and time-bound. Project managers use the KPI dashboard to review progress, access pending tasks, review budgets, visualize team capacity, improve results, make better decisions and improve communication and alignment across departments.

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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. To understand what a WIP report is, we’ll first look at what work in progress is in construction, define the WIP report and how to make one, and then list the components of a thorough WIP report. This will eat into a general contractor’s profit margin.

Construction 474

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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.

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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.

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Budget Technical Review Software Review Executing 459

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. Or some other criteria as defined in your project management process internally, that specifies what Red means for you. If you’re running over budget, you need approval to increase your budget.

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ProjectManager.com

FEBRUARY 6, 2024

A budget is a document that’s mainly used to break down the costs of executing a project or running the operations of a business for a period of time and define a maximum spending limit for the procurement of resources. Online templates can be helpful, but ProjectManager makes it easier to track budgets in our software.

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ProjectManager.com

NOVEMBER 12, 2024

Templates help maintain uniformity across projects, ensuring that coding standards, documentation and processes are followed. That’s because it provides a structured framework for development processes and outlines phases, tasks and timelines. It also includes resource allocations, budgeting, risk management and more.

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ProjectManager.com

DECEMBER 4, 2024

Delivering a project is a process, and organizing the activities in that process is how projects are successfully delivered. Before getting into how a swimlane flowchart works, we’ll first define it and explain when to use it. This improves communication by organizing process steps by role or department.

Manufacturing 370

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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.

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ProjectManager.com

DECEMBER 5, 2023

Excel project budget templates are one of the most popular tools to create a project budget. However, Excel isn’t the best tool for project budgeting as it doesn’t allow project team members to collaborate online, sharing files among team members it’s a time-consuming process, among other productivity drawbacks.

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ProjectManager.com

SEPTEMBER 3, 2024

Kanban boards, on the other hand, are perfect for managing the various stages of a workflow or process. Estimate Task Duration and Define Due Dates Once project tasks are identified, the next step is to estimate their duration as this allows you to set due dates for their completion.

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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. Capital planning is the process of budgeting for resources that will be used in the future to fulfill long-term plans. What Is Capital Budgeting? What Is a Capital Project? What Is Capital Planning?

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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. The best way to respond to resistance to change is by having a well-defined plan that gets one from where they are to where they want to be. What Is Resistance to Change?

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ProjectManager.com

JANUARY 9, 2024

There are so many different subcontractors and all have to work together to deliver the project on time and within budget. There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management. What Is Construction Resource Management?

Construction 468

Construction Process Estimate Monitoring 468

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.

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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.

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ProjectManager.com

JANUARY 10, 2024

However, problems occur when requests are submitted without a standardized process. To avoid that, you need an intake process. A project intake process is beneficial for an organization. We’ll also outline the project intake process, what should be included and who’s responsible for overseeing the process.

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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 370

Construction Software Review Estimate Budget 370

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. For those unfamiliar with what a change champion is, first, we’ll define the terms and then explain their importance in organizational change management. They need a change champion to help them make that change.

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ProjectManager.com

NOVEMBER 28, 2023

Some of these are called organizational process assets. These organizational process assets are critical to a project’s success and its operations. To make sure you understand what organizational process assets are, first, we’ll define the terms and explain their importance. What Is an Organizational Process Asset?

Process 448

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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. They help with the following.

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ProjectManager.com

NOVEMBER 21, 2024

One is the impact effort matrix, which we’ll define shortly. Helps Establish Selection and Prioritization Criteria for Projects Using an impact and effort matrix can significantly enhance the selection and prioritization criteria during the project intake process by providing a clear framework for evaluation.

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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 538

Risk Management Risk Process Monitoring 538

ProjectManager.com

JULY 18, 2024

Businesses need to plan and organize their resources to improve both the employees’ and customers’ experiences, a process called service design. A service blueprint is a mapping tool used in that process. Let’s start by defining what a service blueprint is and the elements that are included in one.

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ProjectManager.com

JULY 30, 2024

To understand how that works, first, we’ll define what a program roadmap is and go into the many benefits of using one. 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.

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ProjectManager.com

JULY 17, 2024

The stakeholder register should be created early in the project’s planning process but it’s a living document that must be reviewed and updated throughout the life cycle of the project. This is a major part of the project plan as it defines their importance and influence on the project.

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ProjectManager.com

SEPTEMBER 4, 2024

This is achieved through the simple process of vetting goals. The second column asks a series of questions to help define that goal as related to a specific SMART goal. The second column asks a series of questions to help define that goal as related to a specific SMART goal. That’s where the SMART part comes into play.

Underperforming Technical Team 457

Underperforming Technical Team Software Review Construction Executing 457

ProjectManager.com

MARCH 6, 2025

Clearly defining roles, expectations and reporting structures helps maintain accountability and transparency within the team. Collaborate with the team, too, by inviting them into the project planning process. This process touches on many different teams, from sales to customer relations.

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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 369

Software Review Software Construction Engineering 369

ProjectManager.com

MARCH 6, 2025

A pilot project is a small-scale, preliminary study or test run of a new concept, process, product or service before full-scale implementation. Whether used to test a new software system, launch new infrastructure or develop a new process before full adoption, it still requires project management software to reap all those benefits.

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Risk Management Manufacturing Construction Telecoms 332

ProjectManager.com

FEBRUARY 15, 2023

As a business grows, it needs to look at new processes or ways to improve the processes it has in place. Whatever the objectives, process implementation is how they achieve these goals. If you’re looking to improve your business processes , you need to know what process implementation is and why it’s so important.

Process 416

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ProjectManager.com

JUNE 18, 2024

Production tracking is a method of monitoring, controlling and managing the production process. The objective of production tracking in manufacturing is to have a real-time overview of the production process. Project management software can facilitate this process. What Is Production Tracking?

Manufacturing 468

Manufacturing Monitoring Process Estimate 468

ProjectManager.com

DECEMBER 12, 2024

Now you can sit back and watch the process unfold. Its the application of careful planning and processes with an emphasis on practicality. Kanban board tools are ideal for projects that have clear workflows with well-defined stages. The cost baseline acts as a time-phased budget that estimates the projects total costs.

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