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
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.
Projects and operations are both necessary for businesses to succeed, but they require different approaches. When it comes to managing them effectively, understanding the differences between projects and operations is key. Projects change the business. The status quo is good but projectmanagers keep changing things!
Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. He started his career as an auditor in London, trained with E&Y where he qualified as an accountant, and then moved into consulting for retail and investment banking for a wide range of projects and clients.
Job costing is a type of accounting method that helps identify projectcosts and track them to keep to your budget. It tracks all costs and revenue associated with a particular project and is commonly used in construction projects, but it can also be found in manufacturing, engineering, retail, logistics, healthcare and more.
Construction projectmanagement covers a massive number of projects and there are all sorts of builds associated with it. Commercial construction management, for example, is huge. Consider that commercial construction management entails everything from offices to retail shopping malls and medical centers.
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.
Kanban and scrum are agile projectmanagement methodologies that can be used for similar purposes, but each has its unique pros and cons. As a projectmanager, it’s important to understand the difference between kanban and scrum so you can determine the best approach for your team. What Is Kanban?
A bad hire can cost your business valuable workplace productivity, not to mention nearly 20 percent of their salary on average. And that’s just a couple of reasons why workforce management is so important. Whether you’re in IT, construction or retail, mastering the basics of workforce management can benefit you immensely.
Taking a strategic approach to the prioritization, management, and execution of projects is at the heart of Project Portfolio Management (PPM). As a company grows, aligning project performance and outcomes with organizational goals becomes more challenging. Key Project Portfolio Management Challenges 1.
For example, if your company’s main goal is to improve user retention, a new feature that increases the risk of customers leaving is unlikely to get approved. For example, if a new projectcosts $500,000, but is projected to make $1,000,000 in additional revenue per year, that is a good economic return.
Projectmanagers looking for work must start by creating a powerful projectmanager resume. A strong projectmanager resume can open the door to a phone or even in-person interview at which point one must have the interpersonal skills to present themselves and why theyre right for the job.
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