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 345

Budget Transportation Estimate Risk Management 345

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 380

Budget Technical Review Software Review Executing 380

ProjectManager.com

FEBRUARY 3, 2022

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

Risk 399

Risk Underperforming Technical Team Risk Management Technical Review 399

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 365

Budget Estimate Software Review Finance 365

ProjectManager.com

NOVEMBER 22, 2023

Because a capital project must be carefully managed, governments and corporations alike will use project management software to control the use of its resources and manage time. ProjectManager is award-winning project management software with powerful Gantt charts that organize tasks, resources and costs.

Budget 379

Budget Software Review Planning Construction 379

Rebel’s Guide to PM

JANUARY 23, 2023

Are you looking for a way to better manage the risks associated with your projects? Risk audits are an effective tool that can help project managers and program managers identify potential issues before they become problems. What is a risk audit in project management? Who carries out the risk audit?

Risk 408

Risk PMO Risk Management Government 408

Rebel’s Guide to PM

FEBRUARY 5, 2024

What is a project budget? A project budget is a financial document that lays out what you think you’ll spend on a project. ” The project budget might be phased over multiple quarters or years. What does creating a project budget involve? What is included in a project budget?

Budget 318

Budget Project Cost Estimate Finance 318

ProjectManager.com

AUGUST 23, 2023

Project risk. Just the word risk can evoke the same kind of primal, fight-or-flight fear in project managers. But risk shouldn’t be feared, it’s just another part of the project to manage. All projects have some element of risk while other projects are inherently high-risk. (We’re

Risk 340

Risk Risk Management Monitoring Project Cost 340

Project Risk Coach

MARCH 5, 2023

I've looked at many risk registers through the years, and I've had difficulty understanding the risks many times. The risk statements were vague and lacked consistency. In this article, let's explore the benefits of clear risk statements. An accurate picture of one’s risk is important for making sound decisions.

Risk 397

Risk Underperforming Technical Team Energy Budget 397

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

FEBRUARY 3, 2022

If you’re new to project management , a project charter template can set you up to make sure you’re hitting all the major points. The charter also identifies the main stakeholders and defines the authority of the project manager. Follow our quick guide to writing and executing your project management charter below.

Risk Management 521

Risk Management Budget Defining Software Review 521

ProjectManager.com

OCTOBER 15, 2020

When managing a project, one is required to make a lot of key decisions. Because of the high stakes, good managers don’t just make decisions based on gut instinct. They prefer to minimize risk to the best of their ability and act only when there is more certainty than uncertainty. Project Budget. RACI Matrix.

Risk Management 524

Risk Management Consulting Risk Budget 524

ProjectManager.com

MAY 16, 2023

An operating budget is a tool that helps business owners and project managers alike to look at the long-term financial needs of their organization or project. It’s instrumental in forecasting the budget needed to run your business or project. We’ll explain that and go into what should be included in your operating budget.

Budget 315

Budget Software Review Estimate Software 315

ProjectManager.com

JANUARY 17, 2022

The triple constraint of project management has been given many names – the Project Management Triangle, Iron Triangle, and Project Triangle – which should give you an idea of how important the Triple Constraint is when managing a project. If you’re managing a project, then you’re working with the Triple Constraint.

Estimate 516

Estimate Budget Controlling Risk Management 516

ProjectManager.com

OCTOBER 29, 2024

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

Project Cost 346

Project Cost Software Review Software Estimate 346

ProjectManager.com

AUGUST 7, 2024

A work-in-progress (WIP) report is one of the tools used to track the budget. This is an essential part of managing a construction project as it helps the general contractor calculate the progress of all ongoing work, allowing them to see what’s done and what’s outstanding. This will eat into a general contractor’s profit margin.

Construction 382

Construction Software Review Estimate Monitoring 382

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

FEBRUARY 27, 2024

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. Project planning templates are part of project management. That’s how you deliver on time and within budget.

Planning 397

Planning Software Review Risk Management Estimate 397

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

JUNE 24, 2022

Project manager vs. program manager. Program managers are more strategic in their thinking and deliverables, while the project manager is often working on day-to-day task management on a more cellular level. Here are two quick definitions of project and program in project management. Learn more.

Project Life Cycle 545

Project Life Cycle Certification PMI Software Review 545

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 better understand resource capacity, project managers will evaluate capability analysis and workload capacity.

Software Review 405

Software Review Monitoring Project Life Cycle Budget 405

ProjectManager.com

JUNE 4, 2021

The following are our top 8 Microsoft Excel construction templates for better construction project management. Creating an accurate construction project budget is an essential part of the planning phase. This budget will dictate exactly how much can be spent on materials, supplies equipment and which contractors to hire.

Construction 444

Construction Estimate Risk Management Software Review 444

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 334

Software Review Process Project Life Cycle Risk Management 334

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

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 370

Underperforming Technical Team Risk Management Software Review Budget 370

Rebel’s Guide to PM

MARCH 31, 2024

Projects always have certain constraints – there may be an urgency to complete a project because of external market factors, for example; or there may have to be tightly controlled costs because of a fixed or limited budget. You get a glimpse of Martin Barnes, inventor of the Iron Triangle, in this video on the history of project management.

Risk Management 372

Risk Management Budget Risk Sustainability 372

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 369

PMO Software Review Logistics Government 369

ProjectManager.com

JULY 30, 2024

A program is a group of related projects that are managed together to reap the maximum amount of benefits. A program roadmap is a tool that allows program managers to get a high-level overview of all those projects under their purvey. Planning and managing isn’t the only use of a program roadmap.

Software Review 404

Software Review Monitoring Budget Risk Management 404

ProjectManager.com

OCTOBER 18, 2023

Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver the project on time and within its budget. Project management software can help.

Performance Measurement 385

Performance Measurement Risk Management Budget Monitoring 385

Rebel’s Guide to PM

JULY 12, 2024

I don’t have the time (or the requirement) to take a certification course, but I’m always prepared to develop the project management competencies I need to succeed. In this article we'll talk about the top competencies for project managers and how you can develop your skills. If you feel the same, what should you be focusing on?

Technical Review 401

Technical Review Underperforming Technical Team Software Review Influencer 401

Rebel’s Guide to PM

APRIL 10, 2023

Keeping track of problems on projects is really important if you want to come across as a professional project manager. I use an issues log (it’s an Excel spreadsheet) to make sure I record, remember and manage all the issues on my projects. Why not plan for them just in case on your risk register? Do you want it too?

Technical Review 402

Technical Review Risk Management Budget Risk 402

ProjectManager.com

DECEMBER 25, 2024

Whether managing a project or working to understand, analyze and improve the steps involved in a business process to achieve a specific goal, decisions need to be made. Once that course of action is clear, then project management software needs to be applied to schedule the tasks that will get one from where they are to where they want to be.

Process 297

Process Risk Management Budget Risk 297

ProjectManager.com

SEPTEMBER 24, 2021

This distinction is important for project managers, but not critical to the success of a project. Work packages are used in earned value management projects to integrate schedule, cost and scope management data to measure project performance. Project managers can keep the project consistent and make more effective assignments.

Monitoring 425

Monitoring Risk Management Budget Estimate 425

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 364

Software Monitoring Budget Risk Management 364

ProjectManager.com

JANUARY 10, 2023

If you’re not working from an agenda or you don’t manage those meetings, that can be true. Let’s take a look at 10 different types of project management meetings and define them, and we’ll start with the definition of what a project meeting is. But meetings are critical for project planning and team collaboration.

Software Review 479

Software Review Technical Review SCRUM Risk Management 479

ProjectManager.com

DECEMBER 24, 2024

Project cycle management (PCM) is a project management approach that addresses the complexities of a project through all of its phases, while maintaining alignment with the strategy and objectives agreed upon by stakeholders at the onset. It also assists in planning and review and can be used when managing multiple projects.

Finance 364

Finance Technical Review Government Governance 364

Rebel’s Guide to PM

MAY 9, 2022

EMV is a risk analysis tool that helps establish the contingency reserves for your project activities. It’s a statistical technical for quantifying risk. You would use it to: Establish which new product option or solution is best Establish the contingency reserve required to offset project risk. That’s a negative risk, a threat.

Software Review 410

Software Review Technical Review Risk Management Risk 410