This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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. This is especially true for projects that are behind or even ahead of schedule or labor costs.
A program is a group of related projects that are managed together to reap the maximum amount of benefits. These are long-term projects and represent a major strategic investment for an organization. A program roadmap is a tool that allows program managers to get a high-level overview of all those projects under their purvey.
In short, a post-implementation review is a process to evaluate whether the objectives of the project were met. You can also use it to see how effectively the project was managed. This helps to avoid making similar mistakes with future projects and learn how to run the project better. What are the lessons learned?
The elements of any construction project delivery include design, planning, construction and financing. Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s been gaining popularity. What Is Construction Management at Risk? Learn more.
Construction software is essential for general constructors to plan, manage and track projects. There are many options for construction projectmanagement software , but most run on PCs. Construction software for Mac is simply construction projectmanagement software that can run on Apple products or iOS devices.
What do you need to know to succeed at projectmanagement? While there’s some truth to that joke, it’s not helpful to the student or the experienced professional who is looking for a way to understand the myriad responsibilities of being a projectmanager. What is PMBOK in ProjectManagement? Everything!
I have interviewed our own projectmanagement specialists, Dr. Andreas Tremel and Dr. Tiziano Panico to get them to share their wisdom on what matters in projectmanagement in 2025. Tight control of all project data and maximum evaluation due to extreme productivity pressure The days of projects bumbling along are over.
Projects are divided into phases to make them more manageable. All are important, especially project monitoring. Project monitoring and control is how a projectmanager ensures the plan they’re implementing with the project team goes off without a hitch. What Is Project Monitoring and Control?
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. Well, you’re not alone at least, as this situation happens to more than 45 percent of all large-scale IT projects. The answer is a costmanagement plan. What is a CostManagement Plan?
A successful project starts with a successful estimate. To properly schedule the work to execute your project, you need to know the timeline, costs, scope, risk and more. All of these considerations are part of project estimation techniques. What Are Project Estimation Techniques?
To keep to your schedule and managecosts, you need to gather and process project data throughout the five PMBOK projectmanagement groups. What Are the 5 PMBOK ProjectManagement Process Groups? Projectmanagement software helps projectmanagers stay on top of each of these process groups.
Project accounting, as with general accounting, is a method by which projectmanagers can manageproject finances. Project accounting is not the same as balancing your checkbook or even seeking the service of a certified public accountant as it’s unique to projectmanagement. Learn more.
More than just being able to identify who the stakeholders are in the project, you need to manage them. How do you know who needs what when communicating with them during the project? That is the beginning of stakeholder management, and it starts with stakeholder mapping. It’s a big task. Try it for yourself today!
They are the means by which a construction project gets from idea to completion. That’s a long and complicated journey in construction projectmanagement, which is why knowing the best construction delivery method is so important. ProjectManager’s Gantt charts help you manage all construction delivery methods. Learn more.
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 projectmanagement process. It’s essential to keep projects successful for any organization to thrive.
Then there are your stakeholders whose expectations must be managed. Project reports are tools that projectmanagers use to extract valuable project data. Using Excel Report Templates for ProjectManagement. Excel Report Templates for ProjectManagement. Project Dashboard Template.
Welcome to projectmanagement 101. Projectmanagement can seem like a daunting discipline, but once you get a grasp of the fundamentals and combine that with some intuition, you’ll be on your way to leading successful projects, no matter your situation. What Is a Project? What Is ProjectManagement?
One of the biggest challenges of every projectmanager is project constraints. They limit a project, and they can quickly endanger your project’s success. Hence, it’s important to know all possible constraints, their influences on each other and the projectmanagement tools that address those constraints.
Ideally, projectrisks have been anticipated and the contract outlines on how best to proceed. Construction projects, in particular, often require owners to hire several different contractors. In this case, thorough construction contracts is crucial to the successful management of the project. Cost Plus Contract.
It’s imperative that you calculate what the costs of these things will be as close as possible to get the allocated funds and not go over budget, which could jeopardize the entire project. ProjectManager.com’s Project Budget Template. By so doing, you have given the project a better chance to succeed.
What qualifications do you need to land a projectmanagement job? What Are ProjectManagement Qualifications? Being qualified for a position as a projectmanager means you have the skills, experience and temperament for the job. Qualified projectmanagers need the right tools for the job.
Sometimes leading a team, project or organization goes well. Jennifer Bridges, PMP, shows you crisis management techniques to help you successfully lead during a disaster. In Review – Crisis Management: How to Lead During a Crisis. Another was a team member who had a close personal relative injured in a car accident.
The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital budgeting is part of the larger financial management of a business, focusing on cash flow implications when making an investment decision.
Projectmanagers know the importance of having project documentation. Project documents must be accurate and constantly updated to keep current with the project. Creating and managingproject documentation throughout the project life cycle is critical for project success, but where to start?
Track your project’s time and material usage in real time with ProjectManager.com’s Construction ProjectManagement Software. A time and materials contract is commonly used in construction projectmanagement, though it’s also used in product development and other types or projects.
I picked up a project from someone else not that long ago and I was three months into my management of it before I realized there wasn't a project charter. That meant there were some key things missing from the project's paperwork and the most important thing missing was which budget was going to pay for it. Let's define.
That’s what PMIS comes in, which is an acronym for projectmanagement information system. A projectmanagement information system (PMIS) is how information needed to run a project is organized. It collects and uses project information through one or more software applications. What Is PMIS?
The role of a projectmanager (PM) is not only to plan, execute, and track a project, but that of closing a project properly. I see many PMs use the MS Project software tool to work on a project over its life cycle, but most don’t use MS Project to close the project.
This contractor payment schedule is defined in the construction contract and sets pay over regular intervals across the project schedule. This sets clear payment terms for the contractor and reduces the risk of them receiving late payments or even no payment at all. Construction project templates can help facilitate this process.
By Dr. Al Zeitoun and Dr. Harold Kerzner July 24, 2024 The future of projectmanagement must have a balance between the tactical and strategic focus, in addition to a balance between digital and human. Q1) Based on your observation, what are the challenges facing projectmanagement now? ProjectManagement (PM) 4.0
There’s more than one way to manage a construction project. Along the way, we’ll explain why lean construction can benefit your project and how the right projectmanagement software can help you take advantage of lean construction. ProjectManager has Gantt charts to manage your lean construction.
There are many ways to manage a project. While projectmanagement software is the gold standard, there are many free projectmanagement templates for Google that you can download to plan, manage and track your projects. They cover all phases of the project through its life cycle.
Before you can start a project — even before you can plan it — you first need to define the project in detail. This allows the projectmanager to get buy-in from the project’s key stakeholders and ensure all the research has been done to move into the planning phase without any hiccups.
To help you once you break ground on your construction project, we’ll throw in some free construction projectmanagement templates on estimating, scheduling and budgeting. In a preconstruction meeting, project exceptions are defined, roles are clarified and risk mitigation strategies are discussed.
In this article we’ll look at how to segment costs, how to find out the cost of things, and then how to structure your budget. This guide is most helpful for developing project budgets for projects that are approved or close to being approved, for example as input to a business case. Designing a new product?
There are many things that are needed when managing a project. These organizational process assets are critical to a project’s success and its operations. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations.
Construction projectmanagement relies on good planning, experienced contractors and powerful construction projectmanagement software. While Procore is a known name in construction projectmanagement, many construction managers are looking for a Procore alternative. Procore falls short in many ways.
If you’re a general contractor working in construction projectmanagement, you’ll need to know about general conditions. You’ll find general conditions in the project contract, the specifications and the projectcosts. The general conditions in this place are specific to the project. We’ll get to that later.
Your new project was approved for funding. You wouldn’t believe the number of projectmanagers I speak to on mentoring calls who struggle to get their budget approved. You can’t do much on a project without some funding behind you. What is project contingency? Why risk matters. That in itself is a huge step.
This guide is most helpful for developing project budgets for projects that are approved or close to being approved, for example as input to a business case. Types of ProjectCost. And your organisation may have other standard ways of thinking about cost categories. Direct/Indirect Costs.
Projectmanagement in engineering involves a combination of engineering background and projectmanagement skills to be able to lead engineering projects toward successful completion. What is Engineering ProjectManagement? Projectmanagement and engineering management go hand in hand.
ProjectCostManagement often puts people off. But there’s little your project sponsor, your client, or their Finance Director care about more than your budget and how closely you can stick to it. Projectcost over-runs are common. The governance considerations for projectcostmanagement.
If this is true, why is it that some projectmanagers put so little time in developing a projectmanagement plan? One of the reasons is that projectmanagers may not know what to include. First, let’s look at three baselines that you may wish to include: the scope, schedule, and cost baselines.
The job title of “projectmanager” is pretty common these days. But projectmanager roles and responsibilities can be pretty vague if you’re not already familiar with them. I know this firsthand, just by watching reactions when I tell someone I’m a projectmanager.
We organize all of the trending information in your field so you don't have to. Join 100,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content