Remove Estimate Remove Industry Remove Project Life Cycle
article thumbnail

Resource Analysis in Project Management: Steps & Free Templates

ProjectManager.com

To do this, project managers must assess the resource pool, which includes everything from the project team to equipment and materials, to make sure that resources align with the project goals and objectives. To better understand resource capacity, project managers will evaluate capability analysis and workload capacity.

article thumbnail

Quantity Takeoff in Construction: Process, Benefits and More

ProjectManager.com

Construction projects manage many different types of resources. General contractors have to accurately estimate the amount of those items to keep their profit margin. What is quantity takeoff and when should this process happen in the construction project management cycle? Here are the key times when it is necessary.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What Is a Post-Implementation Review in Project Management?

ProjectManager.com

Compare Estimated vs. Actual Costs When making a project budget, all project costs are estimated. As the project is executed, those costs should be tracked. There are over 100 free project management templates for Excel and Word on our site. Here are a few links to free post-implementation review templates.

article thumbnail

Project Financing Basics: How to Fund a Project

ProjectManager.com

Well go over that, explore various project financing sources, explain the process of getting that financial support and provide an example to see how this plays out in the real world. Well end by sharing some free templates to help estimate costs, budget and more. What Is Project Financing? is created to manage the project.

Finance 301
article thumbnail

Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Though this process starts at the beginning of the project, it’s an iterative process and continues throughout the project life cycle. Finally, risk management is the overall process that project managers use to minimize and manage risk. Most industries have best practices. How to Evaluate Project Risk.

Risk 488
article thumbnail

9 Types of Artifacts in Project Management

Rebel’s Guide to PM

Industry-specific artifacts are not mentioned either, so if you work in a highly regulated field then some of the standard documents you’d expect to produce might be missing. Also, if the artifact is the result of some other project management method or tactic, it won’t be mentioned here. Strategy artifacts.

article thumbnail

Batch Production: Examples, Advantages and Disadvantages

ProjectManager.com

First, we’ll define batch production and list examples of industries that use it to manufacture their products. It’s not the best production planning method for all manufacturers or industries. Our site has over 100 project management templates for Excel and Word that can be downloaded for free. What Is Batch Production?