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Project Management for Professional Services Providers

ProjectManager.com

Resources managed under project management include teams, finances, technology, raw materials, equipment, intellectual property and more. Milestones: They mark significant events in a project’s life cycle, such as delivering the project plan, ending on project phase and moving into another, etc. What Are Professional Services?

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Software Development Estimation: A Quick Guide

ProjectManager.com

Software development estimation is an essential part of many projects. Despite its importance, software development estimation is often overlooked. Maybe that’s because it’s difficult to estimate properly. Let’s explore how software development estimation works and its techniques and tools. Learn more.

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Feasibility Report in Project Management (Example & Sample Included)

ProjectManager.com

It helps decision-makers determine whether the project is viable by assessing various factors such as technical feasibility, financial viability, operational capacity and market demand. This report typically includes an analysis of project objectives, required resources, potential risks, estimated costs and expected benefits.

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Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

The Praxis Framework defines project risk management like this: Risk management allows individual risk events and overall risk to be understood and managed proactively, optimizing success by minimizing threats and maximizing opportunities. Only 3% of risks, he estimated, turn into something explosive. What is a risk and issue log?

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What Is a Risk Register & How to Create One

ProjectManager.com

You’ll never be able to anticipate every risk event that could occur in a project, but by doing the due diligence, you’re able to have a risk management plan in place to respond quickly before project risks become real problems and sidetrack the whole project. Download our free risk register template for Excel.

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Project management trends and metrics that matter for 2025

Inloox

Tight control of all project data and maximum evaluation due to extreme productivity pressure The days of projects bumbling along are over. Because of demographic change, which is contributing to an extensive loss of knowledge in companies, particularly with regard to IT administration and expertise in legacy technologies.

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Project Contingency: The Ultimate Guide

Rebel’s Guide to PM

There are two types of contingency typically used on projects: Budget contingency: Additional funding to deal with problems, realized risks relating to a specific event Schedule contingency: A buffer of extra time in case of schedule delays (not that you would ever pad your estimates?). Why is contingency important?