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

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 364

Budget Estimate Software Review Executing 364

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.

Budget 394

Budget Software Review Estimate Project Cost 394

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 346

Budget Transportation Estimate Risk Management 346

ProjectManager.com

MAY 9, 2024

Projects are planned, but those plans are rarely executed with changes. 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. What Is Budget Variance? Get started with ProjectManager today for free.

Budget 319

Budget Estimate Software Review Project Cost 319

ProjectManager.com

NOVEMBER 3, 2023

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. What Is a Production Budget? They are part of the larger operating budget.

Budget 357

Budget Manufacturing Software Review Estimate 357

ProjectManager.com

FEBRUARY 27, 2024

Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Why Use Project Planning Templates? That’s how you deliver on time and within budget.

Planning 398

Planning Software Review Risk Management Estimate 398

ProjectManager.com

SEPTEMBER 3, 2024

Monitor Costs and Track Budgets Any organization needs to track the costs of executing project tasks. Estimate those costs and compare them against the actual cost of tasks to keep track of budgets. The post Free Google Sheets To-Do List Template: Create Plans Online appeared first on ProjectManager.

Planning 402

Planning Software Review Estimate Executing 402

ProjectManager.com

DECEMBER 6, 2023

This can be either by adding efficiency to the company’s operations or aligning with its strategic plan. It views a project through the lens of how it connects to the overall strategic plan of the company. A strategic project is connected to a company’s larger strategic plan. Not necessarily.

Planning 430

Planning PMO Manufacturing Logistics 430

ProjectManager.com

MAY 29, 2024

For those new to the term, let’s first define its parts, such as what is a shop floor and a shop floor plan. What Is a Shop Floor Plan? A shop floor plan is used to manage the activities that happen or are related to the shop floor. That includes the management of operations planning, inventory, equipment and workers.

Controlling 416

Controlling Planning Manufacturing Software Review 416

ProjectManager.com

JANUARY 12, 2024

One way to make sure you’re supporting your team and project alike is with workforce planning. Workforce planning is important and we’ll show you why. Then we’ll help you with the workforce planning process and explain the benefits of using workforce planning in your projects. What Is Workforce Planning?

Planning 378

Planning Estimate Risk Management Budget 378

ProjectManager.com

JULY 9, 2024

Change is inevitable, but successful change requires management, communication and planning. The change management communication plan facilitates change management communication. Learn how to write a change management communication plan and get a free template to ensure it’s thorough to successfully deliver change.

Change Management 363

Change Management Planning Underperforming Technical Team Controlling 363

ProjectManager.com

FEBRUARY 15, 2024

We’ll show you how to make a Gantt chart in ProjectManager and why construction Gantt charts help deliver projects on time and within budget. A Gantt chart is a horizontal bar chart that’s commonly used in project management as a means to visually represent the project plan and schedule over time.

Construction 394

Construction Software Review Planning Estimate 394

ProjectManager.com

APRIL 18, 2024

Project management software is the most efficient way to create timelines to plan, assign and track their tasks. ProjectManager’s Gantt chart can make timelines and monitor the progress of your projects. For example, this Google Sheets timeline template is meant to help plan the operations of an organization.

Planning 367

Planning Software Review Estimate Monitoring 367

ProjectManager.com

SEPTEMBER 10, 2024

This vital step improves project planning, tracks performance and boosts the chance of project success. Resource analysis in project management covers resource planning, which is about estimating resource requirements for the project’s life cycle, and scenario planning to prepare for changes in resource availability.

Software Review 406

Software Review Monitoring Project Life Cycle Budget 406

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. Cost estimating is essential for proper financial planning and risk mitigation. What Is Project Cost Management Software?

Project Cost 347

Project Cost Software Review Software Estimate 347

ProjectManager.com

AUGUST 7, 2024

General contractors strive to maintain each job’s profit margin, so it makes sense that the construction project will be monitored closely to ensure it’s progressing as planned. A work-in-progress (WIP) report is one of the tools used to track the budget. This will eat into a general contractor’s profit margin.

Construction 383

Construction Software Review Estimate Monitoring 383

ProjectManager.com

MAY 16, 2024

This is called scenario planning. To better position a business to be prepared to respond to the unknown, learn what scenario planning is and what the different types of scenario planning are. What Is Scenario Planning? Scenario planning is different from forecasting. All have advantages and disadvantages.

Planning 378

Planning Software Review Underperforming Technical Team Risk Management 378

ProjectManager.com

MARCH 21, 2024

This is true in other industries where maintenance planning is essential to successful projects and productivity. What do we mean when we say maintenance planning? What Is Maintenance Planning? Maintenance planning is a proactive step towards anticipating risk and keeping everything working at its best.

Manufacturing 370

Manufacturing Planning Construction Software Review 370

ProjectManager.com

JUNE 15, 2021

Project managers plan, budget, monitor and report on the project with project management tools , sometimes pitching the idea of the project or being assigned to it once it’s already been approved. Project Planning. Monitoring Progress. What Does a Project Manager Do? Project Manager Responsibilities & Duties.

Certification 476

Certification Prince2 Monitoring PMI 476

ProjectManager.com

AUGUST 21, 2024

Project management is the process of planning and organizing resources to complete a task or activity that results in a deliverable within a specific time frame and budget. This is done through project management processes, such as planning, scheduling, executing and monitoring projects. What Is Project Management?

Software Review 359

Software Review Monitoring Estimate Budget 359

ProjectManager.com

DECEMBER 12, 2024

Youve planned the project. Planning is only the beginning. Its the application of careful planning and processes with an emphasis on practicality. Its the application of careful planning and processes with an emphasis on practicality. Theyre particularly useful for tracking the projects progress against the project plan.

PMO 370

PMO Monitoring Software Review Budget 370

ProjectManager.com

JULY 30, 2024

A program roadmap is a strategic tool that is used by program managers to plan, communicate and execute a program’s goals and vision. Planning and managing isn’t the only use of a program roadmap. Not identifying these dependencies can cause delays and negatively impact the budget for one or more projects.

Software Review 370

Software Review Monitoring Budget Risk Management 370

ProjectManager.com

AUGUST 14, 2024

Executing a plan, whether a project or a larger organizational strategy, is pointless without monitoring its progress and performance. Expecting everything to fall into place ignores inevitable risks and changes when abstract plans live in the real world. This is why managers use a KPI dashboard to stay on track.

Software Review 379

Software Review Manufacturing Monitoring Risk Management 379

ProjectManager.com

FEBRUARY 28, 2024

This is the start of strategic planning. Once the vision is defined, then the practical work begins, and strategic planning templates can facilitate that work. Why Should You Use Strategic Planning Templates? Using premade strategic planning templates is also helpful because there’s no busy work involved.

Planning 362

Planning Underperforming Technical Team Software Review Defining 362

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. Many features plan, manage and track financial aspects of the project. A budget baseline can be used to manage financial variance throughout the project.

Software Review 329

Software Review Software Technical Review Budget 329

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? Risk management isn’t reactive only; it should be part of the planning process to figure out risk that might happen in the project and how to control that risk if it in fact occurs. Transparency is critical.

Risk Management 538

Risk Management Risk Process Monitoring 538

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. Construction resource management is the process of planning and managing resources on a construction site. The purpose is to help those projects be delivered on time and within budget.

Construction 389

Construction Process Estimate Monitoring 389

ProjectManager.com

MAY 19, 2022

After the project initiation and the planning processes, the execution of the project begins. Project execution’s key purpose is to complete the work defined in the project management plan and to meet key project objectives. You’ve planned for the project scope , collected requirements and defined it using a work breakdown structure.

Executing 514

Executing Project Life Cycle Software Review Technical Review 514

ProjectManager.com

JANUARY 17, 2022

Those constraints are threefold: Cost: The financial constraints of a project, also known as the project budget. Project managers need a quality management plan to control quality. That’s why project managers need to create a risk management plan to explain how project risks will be handled.

Estimate 516

Estimate Budget Controlling Risk Management 516

ProjectManager.com

JANUARY 16, 2024

Planning Once a project has been approved by your client, it’s time to plan out the project. The final plan will be shared with the project team to ensure everyone is on the same page. An effective way to do that is to capture the planned cost and compare it to your actual cost.

Software Review 383

Software Review Software PMO Monitoring 383

ProjectManager.com

MARCH 31, 2023

Deliverables can be both the result of the project itself, but also the results of the process of the project, such as the project plan , reports or other documents. Budgets are also part of a project. A project budget outlines these expenditures. Execution: The project begins and the project plan is put into action.

Project Life Cycle 437

Project Life Cycle Software Review Monitoring Budget 437

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. It can also improve estimating, deliver projects closer to the planned deadlines and achieve better performance and results. Get started with ProjectManager today for free.

PMO 370

PMO Software Review Logistics Government 370

ProjectManager.com

NOVEMBER 19, 2024

Projects are planned, but for those plans to achieve their goals and for future plans to be more successful, a project review is necessary. It’s used to evaluate progress to ensure that the project is on track with respect to its schedule, budget and deliverables. Therefore, a budget variance analysis is key.

Software Review 335

Software Review Process Project Life Cycle Risk Management 335

ProjectManager.com

SEPTEMBER 11, 2024

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. This involves monitoring the usage of resources, tracking their availability and reporting on their performance.

Software 365

Software Monitoring Budget Risk Management 365

ProjectManager.com

JULY 23, 2024

The goal of the client brief is to provide an action plan for the campaign and articulate its vision. It should justify the benefits of that vision and plan how it will target the audience. If the agency decides to proceed with the client, the client brief must be turned into an actionable project plan.

Estimate 384

Estimate Budget Defining Monitoring 384

ProjectManager.com

SEPTEMBER 5, 2024

ProjectManager’s Timeline Is Much Better Than a Google Slides Timeline ProjectManager is designed to help teams plan, schedule and track timelines with multiple tools. Allocate Resources and Monitor Costs In Real-Time ProjectManager’s Gantt chart allows managers to monitor the cost of each task in a project.

2025 369

2025 Software Review Monitoring Estimate 369