Rebel’s Guide to PM

MAY 26, 2024

But there’s another area that is arguably as important, if not more so than those: how to close a project. I've closed out lots of projects in my 20+ years career as a project manager. One project in particular was difficult to close and sticks in my mind as there was no one to hand it over to, so I sat with it for ages.

Closing 392

Closing Software Review Prince2 Budget 392

ProjectManager.com

SEPTEMBER 26, 2019

The best a project manager can do is develop an accurate time estimate for how long it will take to satisfactorily complete the project. Time Estimation Matters. Looking into the future to determine how much time it will take complete project tasks allows for an estimation. They run from simple to the complex.

Estimate 391

Estimate Underperforming Technical Team 2011 2018 391

ProjectManager.com

SEPTEMBER 4, 2024

Then, estimate the gap percentage and list the action items to close that gap (including priority, start and end dates as well as required resources). Just list all the tasks assigned to a team member and estimate the duration of each task, which includes the start date and due date.

Underperforming Technical Team 457

Underperforming Technical Team Software Review Construction Executing 457

ProjectManager.com

DECEMBER 5, 2024

PPM Dashboard Template Project portfolio managers must closely monitor projects to ensure they’re meeting milestones, but also to properly allocate resources. The project scope statement is included to summarize the work that will be executed as well as resource planning and an estimate of the project’s costs.

Software Review 369

Software Review Risk Management Estimate Executing 369

Rebel’s Guide to PM

SEPTEMBER 1, 2024

Maybe your estimates were poor or you forgot to add something into scope that you really should have worked out in advance. OK, that something else might be closing your project prematurely…). If your estimates were wrong or scope was missed, you might need more funding to pay for the additional work or materials. It happens.

Underperforming Technical Team 354

Underperforming Technical Team PMO Governance Government 354

ProjectManager.com

JULY 24, 2024

It can also improve estimating, deliver projects closer to the planned deadlines and achieve better performance and results. Project Managers A project manager is responsible for the planning, executing and closing of a specific project. For example, it helps with selecting, defining and delivering projects.

PMO 466

PMO Software Review Logistics Governance 466

ProjectManager.com

JULY 30, 2024

They help program managers identify the stages of the project that require the most attention, as well as provide an estimate of the complexity and effort involved. Finally, there’s a column to note the status of the task, whether it’s open or closed. Teams can see the deliverables they’re responsible for.

Software Review 476

Software Review Monitoring Budget Risk Management 476

ProjectManager.com

FEBRUARY 13, 2025

Date and Time Include the start date and time of the event as well as the end time or estimated conclusion. Registration and Check-In Times A clear indication of when registration begins and when check-in closes. This helps estimate an accurate budget as well as send team members off with their marching orders.

Software Review 341

Software Review Transportation Logistics Budget 341

Scrum.org

APRIL 12, 2022

To get to an answer that provides meaningful information, your Scrum Team first needs to decide how to estimate. As the Product Owner, you need to take the data from the estimated Product Backlog items (PBIs) and choose how to forecast a delivery date. Three Ways to Estimate. Exact Estimation. It’s just how it sounds.

Estimate 253

Estimate SCRUM Closing Agile 253

ProjectManager.com

MAY 3, 2022

Construction estimating is one of the most important parts of landing a construction project. That’s why you need construction estimating software to make your forecast as accurate as possible. Making the decision to get construction estimating software is the easy part. What Is Construction Estimating?

Construction 248

Construction Estimate 2022 Software Review 248

Rebel’s Guide to PM

AUGUST 12, 2024

Only 3% of risks, he estimated, turn into something explosive. I wouldn’t include: Total number of risks overall Closed risks Risks with an impact status of Low or Medium This is because the senior management team can’t do much, if anything, with this information. What is a risk and issue log? Should I show risk trends over the months?

Risk Management 357

Risk Management Risk Underperforming Technical Team Technical Review 357

ProjectManager.com

MARCH 13, 2025

The infrastructure construction project commenced in January 2025, with an initial one percent actual progress, slightly ahead of the estimated 0 percent. The project steadily gained momentum throughout the early months, closely aligning with the projected timeline. The s-curve graph helps keep projects on track.

2025 221

2025 2026 Estimate Construction 221

Scrum.org

JULY 22, 2024

Exhaustive Up Front Estimation Red Flag: The team feels the need to provide a full estimate of the project before development begins. This year's Scrum Day conference theme is " Deliver Products with Value " because it doesn’t matter how many tickets the team closes if they aren’t delivering the right thing.

Agile 207

Agile 2024 Influencer SCRUM 207

Rebel’s Guide to PM

OCTOBER 23, 2024

There is no percent complete formula here - you guess, estimate, or rely on the thought processes of your subject matter experts. They mentally compare the actual duration of the work done to date with the forecasted amount of work, and assess how close the task is to being done given that effort. They give you a number.

Software Review 354

Software Review Estimate Software Closing 354

ProjectManager.com

NOVEMBER 27, 2019

Project management knowledge areas coincide with the process groups, which are project initiation, project planning , project execution, monitoring and controlling, and project closing. With the tasks now sequenced, the resources required for each must be estimated and assigned. This is mostly for larger projects.

Risk Management 521

Risk Management Monitoring Estimate Technical Review 521

ProjectManager.com

APRIL 9, 2024

Kanban cards can add detailed project task information, such as task description, due dates and estimated duration. Learn more Google Sheets Kanban Board: Pros & Cons Let’s now analyze Google Sheets kanban boards more closely to identify the benefits and disadvantages of using them.

Software Review 467

Software Review Estimate Budget Software 467

ProjectManager.com

FEBRUARY 24, 2020

You know how it goes—you’re a few months out from a deadline, and your team isn’t anywhere close to finishing the project. It is typically made up of four processes: resource planning, cost estimation, budgeting and cost control. Cost Estimation. You’re quickly running out of budget and time, and you’re starting to stress.

Planning 444

Planning Estimate Budget Project Cost 444

ProjectManager.com

DECEMBER 12, 2024

Project Manager: The project manager helps move the project forward through each phase and will closely monitor its progress. The cost baseline acts as a time-phased budget that estimates the projects total costs. Cost Baseline: This is the approved project thats broken down over time.

PMO 370

PMO Monitoring Software Review Budget 370

ProjectManager.com

NOVEMBER 2, 2023

Construction Foreman A construction foreman works closely with construction project managers to help with hiring, meeting deadlines for tasks and keeping to safety standards among the construction crew. As part of their job, the construction estimator will evaluate offers to purchase by site requirements, additions and costing changes.

Construction 454

Construction Estimate Logistics Engineering 454

ProjectManager.com

DECEMBER 5, 2019

The PERT chart is used by project managers to estimate the minimum amount of time that will be needed to close a project. Most Likely Time: The best estimate of how long it will take to accomplish the task or activity, assuming there are no problems. Do an estimate for each task and the time it will take to complete it.

Estimate 488

Estimate 2019 Software Review Executing 488

ProjectManager.com

APRIL 6, 2020

A schedule requires an estimate of the time believed to finish each task and end up with the project deliverable. Hitting Your Estimates. Time Estimation. There are many ways to accurately estimate time on your projects. Estimation Techniques. But estimating is only good for before the project begins.

Estimate 473

Estimate Software Review Monitoring Software 473

ProjectManager.com

JANUARY 9, 2024

There are many types of labor on a construction site, including estimators, architects, supervisors, quantity surveyors, engineers and construction workers. This is an important construction document that’s essential for the estimating and bidding process, but it also informs your resource needs.

Construction 468

Construction Process Estimate Monitoring 468

ProjectManager.com

OCTOBER 17, 2023

Learn more Now, let’s look more closely at each of the five construction phases. At this point, there will be a selection of the project delivery method, construction cost estimating and permitting. Post Construction The last step in the construction phase is closing the project. The last step is the construction documentation.

Construction 458

Construction Process Project Life Cycle Software Review 458

Rebel’s Guide to PM

SEPTEMBER 8, 2021

The four types of project management methods are: Data gathering and analysis methods Estimating methods Meetings and events Other (because it’s always worth having a bucket category for anything else, right?). Estimating methods. Here are four estimating methods. Analogous estimating. This is my go-to estimating method.

Underperforming Technical Team 468

Underperforming Technical Team Estimate Software Review Risk Management 468

ProjectManager.com

DECEMBER 9, 2019

By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Through qualitative and quantitative risk analysis, you can define the potential risks by determining impacts to the following aspects of your project: Activity resource estimates. Cost estimates.

Risk 488

Risk Risk Management Estimate Project Life Cycle 488

Rebel’s Guide to PM

JULY 12, 2024

A watermelon project is one that is green on the outside but red when you cut it open to examine it more closely. They make up their own estimates based on how long they think things will take. Project sponsors don't like bad news either. Don't run a watermelon project. Talk honestly about what is going wrong. Managers meddle.

Underperforming Technical Team 295

Underperforming Technical Team Software Review Technical Review Leadership 295

ProjectManager.com

SEPTEMBER 16, 2022

In Review: How to Estimate Tasks and Dependencies. As Devin said, estimating time on a project is a bit of a guessing game. People aren’t great at estimating activity task duration. That said, Devin walked through a number of ways to do the best you can to estimate how long a task may take on your project.

Software Review 418

Software Review Estimate Executing Risk Management 418

Scrum.org

MAY 5, 2022

One way is to estimate Product Backlog item (PBI) size. In a recent article, we talked about three ways to estimate: Exact estimation, relative estimation, and flow metrics. This week, I’d like to dive a bit deeper into the most popular estimation technique: relative estimation. . 5-point estimation.

Estimate 184

Estimate SCRUM 2020 Agile 184

ProjectManager.com

MAY 7, 2024

Estimating what customers want and how much of each item they’ll want isn’t an exact science. To get an accurate estimate, businesses use many methods, some qualitative and other quantitative. Track Labor Costs With Timesheets Keeping a close eye on labor costs helps manage production costs.

Process 472

Process Software Review Manufacturing Underperforming Technical Team 472

ProjectManager.com

FEBRUARY 15, 2024

Estimating the Total Duration of a Construction Project Because a construction Gantt chart breaks the larger project into smaller phases and tasks and estimates the duration of those tasks, when done, the general contractor will have an accurate estimate of the total duration of the project.

Construction 468

Construction Software Review Planning Estimate 468

Rebel’s Guide to PM

MARCH 21, 2025

It is also sensible to ask them to estimate a budget for change management based on their prior experience. Try to take estimates of this work from interfaces the supplier has created before or your own internal project expertise. Even with a willingness on both sides you can still hit problems and that equals a higher cost.

Budget 197

Budget Estimate Manufacturing Software 197

ProjectManager.com

FEBRUARY 14, 2023

This also allows them to estimate the time left in the sprint or project. That’s a simple but effective way to measure progress and estimate how much time is left in the sprint or project. Of course, it’s also helpful to estimate when the project will be completed, as noted above. Each sprint should be roughly the same duration.

Agile 482

Agile Estimate SCRUM Software Review 482

ProjectManager.com

MAY 12, 2021

A time and materials contract is used when the project is open-ended or undefined, and an accurate estimate of the time and materials needed cannot be calculated. Related: Free Construction Estimate Template. Again, a T&M contract is ideal for a project without a clear or accurate estimate of the time and costs involved.

Construction 459

Construction Estimate Executing Monitoring 459

ProjectManager.com

DECEMBER 4, 2019

In the case of a project, it helps the project manager estimate what the project will cost and set in place controls by which they can reduce the chance of the project going over budget. Cost management is a way of managing project cost, which includes estimating project costs. It’s an outline of the cost estimation for the project.

Estimate 397

Estimate Project Cost Budget Governance 397

ProjectManager.com

MARCH 20, 2024

To help you once you break ground on your construction project, we’ll throw in some free construction project management templates on estimating, scheduling and budgeting. Construction Budget Confirm the construction budget and cost estimations so that all parties are clear on the allotted costs for materials, labor, overhead, etc.

Construction 465

Construction Software Review Underperforming Technical Team Estimate 465

ProjectManager.com

FEBRUARY 24, 2021

You need to have some mechanism to capture and complete these extraneous tasks and close your project. A punch list is a list of tasks that doesn’t conform to contract specifications, but which must still be completed in order to close out the project. What follows is the estimated duration of the work and then when it’s completed.

Construction 374

Construction Closing Estimate Executing 374

ProjectManager.com

DECEMBER 12, 2023

Subpar bidding tool: Users find Procore’s bidding and estimating functionality problematic, which has been brought to the attention of the software. It’s especially useful for scheduling and has cost-estimating features. It is built to serve heavy civil construction estimating, operations and business intelligence.

2024 468

2024 Construction Software Review Estimate 468