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Construction Budget: A Quick Guide (with Examples)

ProjectManager.com

Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create a construction budget, anticipate the costs for a project and track them to make sure you’re not overspending? Let’s take a look at what goes into making a construction budget.

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What Is a Project Management Communication Plan?

ProjectManager.com

Managing those tasks is a constant communicative effort with your team. By describing the project landscape, so to speak, you know what your parameters are, and it’ll help you get buy-in from the stakeholders and your team. You’re also going to need a review method in place to monitor the effectiveness of your communications.

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How Poor Risk Management Is Hurting Your Program

Project Risk Coach

Poor risk management is costly. Let's look at the cost of poor risk management through the example of Tom Whitley. Although Tom missed a few deadlines, he implemented most of his projects, though small, on time and under budget in his first year. The senior management team praised Tom for the early action.

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SDLC – The Software Development Life Cycle

ProjectManager.com

The software development life cycle (SDLC) is how it’s done in software development. What Is the Software Development Life Cycle (SDLC)? The software development life cycle (SDLC) is a process by which software is developed and deployed. Each has its own set of strengths and weaknesses. SDLC Phases.

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What Is a Post-Implementation Review in Project Management?

ProjectManager.com

How do you lead a post-mortem on your project to learn how to repeat the good stuff and lose the bad stuff? Each project team can develop its post-implementation review process to make it as detailed as needed, but here are some general post-implementation review steps that can be applied to any project.

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

Rebel’s Guide to PM

Maybe your estimates were poor or you forgot to add something into scope that you really should have worked out in advance. If you’re running over budget, you need approval to increase your budget. For example, bring in a contractor to speed up developing an IT system. It happens.

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Cost of Quality (COQ): A Quick Guide

ProjectManager.com

But we’ll also discuss the cost of good quality vs. the cost of poor quality and show you how to measure COQ. It’s also not just forecasting the impact of poor quality but the expense of audits and maintenance that comes with delivering a quality product or service. What Is Cost of Quality (COQ)?