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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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AUGUST 21, 2024

Project management has moved from applying to only a few industries to being almost universally embraced. 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. It’s understandable.

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AUGUST 7, 2024

A work-in-progress (WIP) report is one of the tools used to track the budget. This then informs how the budget is managed and will be used to generate reports to track the percentage complete of the construction project. It allows them to see what percentage of the project has been completed and how much of the budget has been spent.

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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?

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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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JULY 4, 2024

Acumatica is online ERP software that businesses across industries use to help with their accounting, financial reporting and customer relationship management (CRM). Where it doesn’t directly serve these industries, it offers integrations beyond its core business efficiency service. What Is Acumatica?

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AUGUST 14, 2024

We’ve only mentioned two, one for projects and another for organizations, but at least a handful can be used to track progress and performance in many industries. KPIs can be measured at different levels of a plan, from an organizational level down to process levels. Here are some examples of different KPI dashboards.

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JULY 24, 2024

Project Management Project management is the process of planning, organizing and managing resources to deliver a project on time, within budget and meeting quality expectations. A program manager oversees this process. Program management is found in many industries, such as business, government and non-profit.

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DECEMBER 17, 2024

As the industry moved into the digital age, different types of project management software have been created to reflect those project management methodologies. These software solutions are designed to cater to specific use cases, industries and team structures. The same is true in terms of industries.

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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. This is true regardless of the size of the project or the industry in which it is being implemented. This includes risk that could potentially create extra costs.

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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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JUNE 20, 2024

Whether in manufacturing or construction, labor tracking is the process of monitoring the time and productivity of the workers on a project. For construction companies, labor tracking helps to keep projects within the budget, saving the general contractor’s profit margin by identifying potential cost overruns. What Is Labor Tracking?

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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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SEPTEMBER 11, 2024

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. Resource tracking is the process of monitoring and managing how resources are assigned and used throughout a project.

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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.

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NOVEMBER 14, 2024

The days of technical, scope, scheduling, budgeting, assigning resources and delivering deliverables on time have evolved to include soft skills such as conflict resolution, leadership, and even trends towards more business management skills such as business modeling and strategic analysis. Here’s a shot of the whiteboard for your reference!

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MARCH 21, 2024

Manufacturing is an ongoing process. This is true in other industries where maintenance planning is essential to successful projects and productivity. Maintenance planning is a process to determine which assets or facilities need to be kept up, where this needs to happen and with what frequency. What Is Maintenance Planning?

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MARCH 6, 2025

Well get to that and the industries that use a pilot plan before initiating big, expensive and complex projects. A pilot project is a small-scale, preliminary study or test run of a new concept, process, product or service before full-scale implementation. Learn more What Industries Execute Pilot Projects?

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NOVEMBER 18, 2024

Then, for the project scope, there are project management KPIs that allow monitoring the progress of the project team to ensure that the tasks outlined in the project plan are completed on time, under budget and meeting the corresponding quality standards. You want to keep a close eye on your labor cost to see, are you over budget?

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OCTOBER 24, 2024

But not all construction projects are the same and not all firms in the construction industry are the same. Some tools can assign general contractors with project planning , scheduling, budgeting, resource allocation, communication and documentation, which we’ll get to in more detail momentarily. They’re not.

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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. What Is a Change Champion?

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MAY 7, 2024

Next, we’ll outline the demand management process to learn how to implement this planning methodology and how software can facilitate that process. Demand management is the process of managing customer needs for a product that a company sells. To do this, though, requires a process. What Is Demand Management?

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DECEMBER 4, 2024

Delivering a project is a process, and organizing the activities in that process is how projects are successfully delivered. Then we’ll list some of the professionals who can benefit from the swim land process map, what should be included in one, and, finally, provide a free download of a swimlane chart.

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NOVEMBER 21, 2024

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. Finally, complex report overhauls and unnecessary process audits are time wasters.

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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. All projects have risks and a program roadmap is a tool that helps with the risk management process. Tracking these costs is essential to keeping to each project’s budget.

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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.

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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?

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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. What Is Change Management Communication?

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SEPTEMBER 4, 2024

They cover every phase of managing a project and can be used across industries. This is achieved through the simple process of vetting goals. When this process is complete, the goals collected will be specific, measurable, attainable, relevant and time-bound. SMART Goals Template Not all goals are created equal.

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AUGUST 23, 2024

In short, a post-implementation review is a process to evaluate whether the objectives of the project were met. The project might be over, but the post-implementation or post-project review process continues. Think of it as an ongoing step in your project closure process. That’s not best practice.

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NOVEMBER 12, 2024

They cover every aspect of managing a project across multiple industries. 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.

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JULY 17, 2024

Learn more When to Use a Stakeholder Register A stakeholder register is useful in nearly any industry, so anyone involved in project management will want to use a stakeholder register. Many industries use a stakeholder register such as professional services as these teams implement projects for clients and must manage their expectations.

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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.

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MARCH 25, 2021

To keep the project on schedule and within its budget, those changes have to be managed. But a contract change order can apply to many industries. The change order log also helps you choose which changes to initiate, and keeps that process organized by giving each change order a number. Try it free today!

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DECEMBER 3, 2024

These tools have various features that we’ll get to in a moment, but all of them are also found in project management software designed for larger businesses and different industries. Small businesses will want software that either has a free plan or is competitively priced to be affordable to the company’s budget constraints.

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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?

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