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

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.

Budget 366

Budget Estimate Software Review Finance 366

ProjectManager.com

OCTOBER 14, 2024

As such, business processes need to be constantly evolving to adapt and bring satisfaction to the customer as efficiently as possible. Organizations are continually looking for leadership team that’s experienced in business process management (BPM). Before we can improve the business process, we must first understand it.

Process 410

Process Technical Review Software Review Manufacturing 410

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?

Budget 380

Budget Software Review Planning Construction 380

ProjectManager.com

NOVEMBER 27, 2024

Salesforce is primarily a customer relationship management (CRM) tool, not project management software. However, these tend to be lightweight tools that aren’t comprehensive project management software and they’re also expensive. Does Salesforce Have a Built-in Project Management Tool? What Is Salesforce? We could go on.

Software Review 309

Software Review Underperforming Technical Team Development Team Review Software 309

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. Here are the most commonly used tools for tracking project progress. And if your tool is online, you can track the progress of the team and see as their tasks move towards completion.

PMO 370

PMO Monitoring Software Review Budget 370

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. This will be the start of your construction project budget.

Construction 389

Construction Process Estimate Monitoring 389

ProjectManager.com

JANUARY 3, 2024

Enterprise project management (EPM) is an umbrella term that covers the professional practices, processes and tools that are used when managing multiple projects, such as a program or portfolio, at the same time. This can be accomplished with dashboards and reporting tools. What Is an Enterprise Project Manager?

Software Review 401

Software Review Budget Monitoring Risk Management 401

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. Measure Budget Variance One of the most important parts of a project review is the budget.

Software Review 335

Software Review Process Project Life Cycle Risk Management 335

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.

Process 386

Process PMO Software Review Estimate 386

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 400

Process Controlling Executing Defining 400

ProjectManager.com

MARCH 31, 2023

If you need more help with project management, check out all of our resources and project management tools for reaching your full potential. 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. What Is Project Management?

Project Life Cycle 437

Project Life Cycle Software Review Monitoring Budget 437

ProjectManager.com

FEBRUARY 2, 2023

The term change management refers to the actions, tools and models implemented to manage different types of change either at the project or organizational level. It can be difficult to adapt to new processes, but when you create a change management plan , you can obtain benefits for your organization. What Is Change Management?

Change Management 397

Change Management Process Underperforming Technical Team Project Life Cycle 397

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 386

Manufacturing Monitoring Process Estimate 386

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

DECEMBER 28, 2023

Then we’ll outline the steps you need to take for workload distribution, list some tools you can use for workload capacity and why it’s important. Workload analysis is part of the larger workload management and is an ongoing process throughout the execution of the project. What Is Workload Analysis?

Manufacturing 351

Manufacturing Monitoring Estimate Executing 351

Rebel’s Guide to PM

SEPTEMBER 29, 2022

I bet you have plenty of project management processes, don’t you? The bottom line is this: having processes doesn’t guarantee that your project will be any better than if you didn’t have them. But I’m a big believer in making sure everything is fit for purpose and processes are included in that. Processes are too informal. “Oh,

Process 390

Process PMO Risk Management 2017 390

ProjectManager.com

OCTOBER 24, 2023

Information technology (IT) involves the use of computers, digital storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange electronic data. IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them.

Process 364

Process Infrastructure Information Technology Monitoring 364

ProjectManager.com

JANUARY 11, 2024

Managing resources effectively is one way to deliver your projects on time and within budget. Benefits of Resource Smoothing While resource smoothing isn’t without its drawbacks, such as the cost of adding resources, it has many benefits that make it a great tool to help manage your resources. What is resource smoothing?

Monitoring 369

Monitoring Executing PMI Software 369

ProjectManager.com

APRIL 10, 2024

We’ll explain what order management is and explore how an order management process is conducted. There are, of course, people behind the order management process. We’ll define those roles and link to some free templates to download, which will help users facilitate the order management process. What Is Order Management?

Process 344

Process Logistics Manufacturing Transportation 344

ProjectManager.com

OCTOBER 17, 2023

From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget. The construction bidding process will also begin at this point. This includes the final drawings and specifications.

Construction 374

Construction Process Project Life Cycle Software Review 374

ProjectManager.com

FEBRUARY 15, 2024

Gantt charts have been a fundamental project management tool for over a century, and it’s easy to understand why. 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. Construction Gantt charts are versatile project management tools.

Construction 394

Construction Software Review Planning Estimate 394

ProjectManager.com

JUNE 28, 2023

There are project monitoring tools, of course, but like everything in project management, there’s a process that we’ll explain. There are five phases in the project management process: initiation, planning, execution, monitoring and controlling and closing. What Is Project Monitoring and Control?

Monitoring 308

Monitoring Controlling Software Review Risk Management 308

ProjectManager.com

DECEMBER 10, 2024

A Microsoft PPM tool is software that helps organizations manage and prioritize their projects, programs and portfolios. However, that doesnt mean that those tools are exclusively project portfolio management solutions. Users can create and manage project budgets, track costs and analyze financial performance.

Software Review 231

Software Review Software Technical Review Project Life Cycle 231

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.

Software Review 406

Software Review Monitoring Project Life Cycle Budget 406

ProjectManager.com

FEBRUARY 14, 2024

Gantt charts are powerful planning tools in project management, but they’re also notoriously difficult to make. Then, we’ll explore the different tools that you can use to build a simple Gantt chart and offer some free simple Gantt chart templates to get you started. What Tools Can Be Used to Create a Simple Gantt Chart?

Software Review 377

Software Review Executing Software Planning 377

ProjectManager.com

OCTOBER 29, 2024

Project cost management software is an essential tool from construction to IT and professional services. 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. What Is Project Cost Management Software?

Project Cost 347

Project Cost Software Review Software Estimate 347

ProjectManager.com

OCTOBER 15, 2020

The answer: consult hard data collected with reporting tools , charts and spreadsheets. You can then use that data to evaluate your decisions with a process called cost benefit analysis (CBA). Cost benefit analysis in project management is one more tool in your toolbox. It begins with a list, as so many processes do.

Risk Management 524

Risk Management Consulting Risk Budget 524

ProjectManager.com

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. This provides valuable insight into whether the project is keeping to its budget.

Construction 383

Construction Software Review Estimate Monitoring 383

ProjectManager.com

AUGUST 21, 2024

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. 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

FEBRUARY 3, 2022

It begins the process of defining the roles and responsibilities of those participants and outlines the objectives and goals of the project. So, what are the in-scope items, such as those parts of the project process as opposed to tasks or actions that lay outside the step-by-step process of the project?

Risk Management 521

Risk Management Budget Defining Software Review 521

ProjectManager.com

SEPTEMBER 3, 2024

To-do lists are a universal tool for managing work, popular among both managers and employees thanks to their simplicity, the transparency they provide and their effectiveness when it comes to tracking the progress of a project. Each of these tools offers a different perspective for managing work.

Planning 402

Planning Software Review Estimate Executing 402

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. Rather, it’s a team effort guided by standardized processes, well-defined roles and responsibilities and collaboration.

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Underperforming Technical Team Risk Management Software Review Budget 371

ProjectManager.com

JANUARY 17, 2022

Those constraints are threefold: Cost: The financial constraints of a project, also known as the project budget. As stated above, project managers can increase or reduce the cost, time and scope of a project with trade-offs to keep it on schedule and under budget. Create a project budget based on the estimated costs of the project.

Estimate 516

Estimate Budget Controlling Risk Management 516

ProjectManager.com

APRIL 9, 2024

A kanban board is a project management tool that manages workflows and processes using two key elements: kanban cards, which represent tasks, and kanban columns which divide the kanban board vertically to represent steps or stages of completion for them. Still, Google Sheets kanban boards aren’t the best kanban tool you can use.

Software Review 383

Software Review Estimate Budget Software 383

ProjectManager.com

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.

Software 365

Software Monitoring Budget Risk Management 365

ProjectManager.com

JANUARY 16, 2024

Then we’ll identify the stages of project pipeline management, what to track in your project pipeline and the tools that can help. It shows each project as it moves from one stage to the next in the project management process, from initiation to closure. Project management software is a valuable tool for managing your project pipeline.

Software Review 383

Software Review Software PMO Monitoring 383