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Project Controls: A Quick Guide

ProjectManager.com

If something bad is going to happen on a project, it’s likely related to time, cost or scope. It’s all about collecting and managing data, finding trends in that information, reporting on progress and then putting what you’ve learned into practice. Project Development. Therefore, it’s key for making accurate estimates.

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Importance of Scenario Planning and Analysis in Business

ProjectManager.com

Scenario planning is a strategy used to consider possible future events for an organization or project to develop an effective and relevant long-term plan to respond positively to that change. It considers trend analyses and qualitative data, but also examines quantitative data and past events. What Is Scenario Planning?

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Performance Reporting for Projects: A Quick Guide

ProjectManager.com

For example, a performance report can focus on one project or team member, but it can also go as broad as the whole company. Source of data being monitored. Performance reporting provides a view into the performance of a business and lets you track your activities and outline your strengths and weaknesses. Five-year vision.

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Demand Management: Process, Importance and Tools

ProjectManager.com

Demand management is cross-functional as it crosses many disciplines, from consumer demand, supply teams and inventory to marketing and customer service. ProjectManager is award-winning project and portfolio management software with resource allocation features to keep teams working at capacity.

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What Is Demand Planning? Tips, Strategies and Tools

ProjectManager.com

This is accomplished by analyzing a company’s sales, customer trends, historical sales and seasonal data. The other side of the coin is poor production planning , which can leave you unable to respond to demand—all because you didn’t have adequate demand forecasting to analyze sales and customer needs. Let Your Teams Work Their Way.

Planning 468
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Resource Forecasting Guide for Project Managers

Rebel’s Guide to PM

Suppose a project manager has an upcoming project for website development and design. The project has a defined timeline of six months, and the resources involved are developers, testers, UI/UX designers, analysts, etc. At the same time, if the outlook is slow due to poor economic conditions, the hiring activities have to stop.

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

Rebel’s Guide to PM

I like the definition of risk management from the Sixth Edition, which defines it succinctly: Project risk management includes the processes of conducting risk management planning, identification, analysis, response planning, response implementation and monitoring risk on a project. What is a risk and issue log?