Rebel’s Guide to PM

SEPTEMBER 22, 2021

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. From Accounting to Program Management. 5 Tips for Managing a Project Budget.

Budget 375

Budget 2015 Retail Governance 375

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 381

Budget Technical Review Software Review Executing 381

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. Google Sheets helps with collaboration but it isn’t a true project management software.

Budget 366

Budget Estimate Software Review Finance 366

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 341

Budget Software Review Software Estimate 341

ProjectManager.com

JULY 26, 2023

This allows the project manager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups. That’s why a project initiation document (PID) is so important. What Is a Project Initiation Document (PID)?

Initiating 285

Initiating Software Review Prince2 Risk Management 285

ProjectManager.com

NOVEMBER 27, 2019

What do you need to know to succeed at project management? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a project manager. What is PMBOK in Project Management? Project Integration Management.

Risk Management 512

Risk Management Monitoring Controlling Estimate 512

ProjectManager.com

JANUARY 27, 2023

Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it. What Is Project Risk? Get started for free today.

Risk 433

Risk Risk Management Project Life Cycle Software Review 433

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.

Budget 266

Budget Process Software Review Estimate 266

ProjectManager.com

NOVEMBER 14, 2024

Project leadership is in flux and a good manager knows never to become complacent. In Review: 7 Ways Project Manager Roles Are Changing As Jennifer said, project manager roles are changing. ” In short, you’re going to need strategic and business management skills to stay competitive. What do you do?

Underperforming Technical Team 397

Underperforming Technical Team Technical Review Artificial Inteligence Logistics 397

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?

PMO 370

PMO Software Review Logistics Governance 370

Rebel’s Guide to PM

MARCH 18, 2021

In this article we’ll look at the types of artifacts in project management, typical documents for each type. In project management, artifacts relate to documents: the project documentation you produce that defines and supports the work you are doing. For example: a project management artifact is the project closure document.

Logistics 511

Logistics Artificial Inteligence PMI Performance Measurement 511

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.

Software Review 446

Software Review Risk Management Risk Technical Review 446

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?

Underperforming Technical Team 371

Underperforming Technical Team Risk Management Software Review Budget 371

ProjectManager.com

SEPTEMBER 26, 2019

Before you can plan for your project you have to have the right tools to collect the data you need in order to formulate a strategy—and project management Excel templates are a great place to start. Visit our Templates Page and you’ll find Excel and Word templates for creating all the project documents you need to manage your project.

2019 209

2019 Risk Management Budget Monitoring 209

ProjectManager.com

JUNE 15, 2021

Project managers are the point person in charge of a specific project or projects within an organization. We regularly feature project management resources to help train PMs to land jobs in the industry or develop better skills in their current role. What Does a Project Manager Do? How Much Does a Project Manager Make?

Certification 476

Certification Prince2 Monitoring PMI 476

ProjectManager.com

SEPTEMBER 16, 2020

There’s never enough time when managing a project. Project managers don’t have the luxury to quote poems to stakeholders when going off track. Changes in a project are common, but it’s the project manager’s responsibility to make sure that those changes don’t produce a negative impact on the project schedule. It’s a trade off.

Software Review 520

Software Review Budget Risk Management Controlling 520

ProjectManager.com

NOVEMBER 19, 2024

Any project manager with even a little experience knows that rarely are plans executed without a hitch, which is why a project review process is an essential part of the monitoring and control phase of the project life cycle. We define the term and list the types before going into how to conduct a project management review.

Software Review 335

Software Review Process Project Life Cycle Risk Management 335

Rebel’s Guide to PM

SEPTEMBER 14, 2020

Scope creep in project management is where additional requirements are added to the project, beyond what was originally agreed and these additions are not formally authorized. Scope creep is caused by lack of requirements management. The project manager is responsible for letting scope creep affect the project.

Underperforming Technical Team 464

Underperforming Technical Team 2009 Controlling Risk Management 464

ProjectManager.com

FEBRUARY 17, 2020

Of course, the work plan won’t be written and initiated by a single person. A work plan is essentially a project management plan by another name. It’s usually best suited for large projects and initiatives, but can really be used on any level. From what department will the budget be allocated? What is a Work Plan?

Planning 379

Planning Risk Management Budget Risk 379

ProjectManager.com

APRIL 29, 2022

Project managers know the importance of having project documentation. Creating and managing project documentation throughout the project life cycle is critical for project success, but where to start? The term project documentation refers to the project management documents that are created throughout the project life cycle.

Project Life Cycle 388

Project Life Cycle Software Review Infrastructure Risk Management 388

ProjectManager.com

JANUARY 28, 2020

A project is executed by a team within an organization that has some sort of a project management framework established to enable the process. Read on to learn how to make a trustworthy project management framework that can help guide your projects to successful conclusions. What is a Project Management Framework?

Software Review 436

Software Review Prince2 Critical Chain Manufacturing 436

ProjectManager.com

JANUARY 10, 2024

Project managers are constantly making requests to the project management office (PMO). It’s used by PMOs to manage the requests they get from the many projects they’re overseeing. The process usually begins when a project initiator completes a project intake request form. That’s normal.

Process 386

Process PMO Software Review Estimate 386

Project Risk Coach

AUGUST 10, 2020

And one of the most important things to communicate is your risks. How do you communicate risks? Communicating Project Risks 1. We can’t manage expectations if we haven't identified the individuals, groups, and organizations who may impact your project or be impacted by your project. What is the risk?

Risk 418

Risk Risk Management Defining Monitoring 418

ProjectManager.com

SEPTEMBER 14, 2023

All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management. Then, we’ll look at the role of a business project manager and the types of projects that a business will manage. What Is Business Project Management?

Software Review 405

Software Review Monitoring Technical Review Risk Management 405

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.

Software 365

Software Monitoring Budget Risk Management 365

ProjectManager.com

MARCH 31, 2023

Welcome to project management 101. Project management can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. Budgets are also part of a project. What Is Project Management?

Project Life Cycle 437

Project Life Cycle Software Review Monitoring Budget 437

Rebel’s Guide to PM

APRIL 21, 2021

What makes a bad project manager? And how can you be a good project manager? A Bad Project Manager offloads the overall responsibility on others , claiming that they are just there to “oversee” things. A Bad Project Manager is a bystander, not a leader. A Bad Project Manager does not have a sense of structure and time.

2021 485

2021 PMO Executing Risk Management 485

Rebel’s Guide to PM

JUNE 13, 2024

I picked up a project from someone else not that long ago and I was three months into my management of it before I realized there wasn't a project charter. That meant there were some key things missing from the project's paperwork and the most important thing missing was which budget was going to pay for it. Let's define.

PMO 349

PMO Software Review Budget Risk Management 349

Rebel’s Guide to PM

MARCH 12, 2022

Project governance is an important part of project management processes – even if it’s not the most exciting part of getting work done. As a project manager, part of your role is shepherding the work through the project lifecycle. Risk management. Expectation management. Stakeholder engagement.

Prince2 406

Prince2 Governance Government PMO 406

ProjectManager.com

JULY 11, 2017

Project management is not an easy job. In fact, it’s several not-easy jobs, including the initiation, planning, executing, controlling, and closing of a project. Even more difficult, that project is delegated to a team of your choosing, given specific goals to achieve over a defined timeline for a determined budget.

Leadership 419

Leadership Risk Management Budget Risk 419

Project Risk Coach

JUNE 20, 2022

The Project Management Institute (PMI) released the PMBOK® Guide, Seventh Edition in July 2021. In this article, let's look at each principle and why each one matters with respect to managing risks. Optimize Risk Responses 11. For example, one of the PMBOK® principles is to optimize risk responses.

Risk Management 195

Risk Management Risk Technical Review Underperforming Technical Team 195

Rebel’s Guide to PM

FEBRUARY 13, 2023

Table of Contents Why is stakeholder management important to project success? What is stakeholder management? Reduce and Uncover Risk 3. Easier Project Closure Why is stakeholder management important to project success? What is stakeholder management? Need some help with the project budget? Free Resources 2.

Risk Management 449

Risk Management Finance Software Review Risk 449

ProjectManager.com

NOVEMBER 23, 2020

Project managers’ reports are the means by which these types of deliverables are presented to clients and stakeholders. In order to meet their needs, a project management software must be able to filter the many data inputs to deliver the proper output. All project activity is managed against the project plan.

Project Life Cycle 463

Project Life Cycle Risk Management Executing Initiating 463

ProjectManager.com

JULY 3, 2024

When managing projects, change management helps to avoid its negative effects, and a change readiness assessment is one of the ways how it does this. Being prepared for change helps to mitigate the risks associated with those changes. It might be a cliche, but those who ignore it are doomed to learn a lesson the hard way.

Software Review 312

Software Review Risk Management Risk Governance 312

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.

Risk Management 158

Risk Management Risk Technical Review Budget 158

ProjectManager.com

OCTOBER 6, 2023

PMO stands for project management office and it’s responsible for the project management standards in an organization. The two others are the program management office and the portfolio management office. They’re responsible for making sure that the related projects are completed on time and within budget.

PMO 382

PMO Software Review Governance Government 382

ProjectManager.com

OCTOBER 19, 2022

It’s a great tool for determining the costs of your project because, though it’s not 100 percent accurate, it’s statistically on target and better than basing the budget on your gut. Whatever estimate you come up with after doing a rough order of magnitude, you’ll need to track those costs as they accrue to keep to your budget.

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Estimate Software Review Budget Project Cost 382