Remove Planning Remove Process Remove Project Cost
article thumbnail

Best Project Cost Management Software

ProjectManager.com

Projects live and die on many hills, but the one stakeholders are usually most passionate about is cost. Project cost management software is an essential tool from construction to IT and professional services. Having the right project cost software could differentiate between financial control or chaos.

article thumbnail

Resource Analysis in Project Management: Steps & Free Templates

ProjectManager.com

Consider that resources are people, equipment, materials and anything else needed to execute the project tasks. This means that resource analysis in project management is the process that project managers use to help them determine the availability of resources, allocate those resources effectively and identify potential constraints.

Insiders

Sign Up for our Newsletter

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

article thumbnail

The secret weapon to precise project planning: Parametric estimating (with examples!)

Rebel’s Guide to PM

The PMBOK® Guide talks about it as a technique to use either for a total project, or for working out the estimates related to parts of a project from the work breakdown structure. You can combine it with other techniques to calculate the overall project cost or duration. Work out how many units of work are required.

Estimate 376
article thumbnail

The Construction Process Explained Step-by-Step

ProjectManager.com

The construction process is how projects in that field are broken into more manageable parts. Thats where the building construction process comes in by working in stages that focus on specifics. These construction process steps make overwhelming projects possible. What Is the Construction Process?

article thumbnail

Work in Progress (WIP) Report in Construction (Template Included)

ProjectManager.com

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. Estimated Project Cost: The total amount for all the costs that the contractor will cover as the construction project is built.

article thumbnail

What Is a Program Roadmap? (Example & Template Included)

ProjectManager.com

A program roadmap is a strategic tool that is used by program managers to plan, communicate and execute a program’s goals and vision. It’s a high-level overview of all the projects in the program captured in one visual timeline. Planning and managing isn’t the only use of a program roadmap.

article thumbnail

Project Management for Professional Services Providers

ProjectManager.com

Project management software is encouraged, but for those not ready to upgrade, we’ll offer some templates to help with the processes involved in project management for professional services. What Is Project Management? It provides legal projection for both the client and the professional services provider.