Great projects often start with great hopes and expectations. But if the project initiation phase isn’t successful, the project can drift off course and head for disaster. You must anchor your project at the outset by providing it with structure….
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To understand cost control, you must first understand why it is used: monitoring expenses and identifying risks to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money….
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When it comes to construction projects, the space that you’re filling is equally as important as the structure that you’re building. That’s why site analysis is so important to a successful construction project; whatever you’re building must work in the…
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What Is Project Implementation? Project implementation, or project execution, is the process of completing tasks to deliver a project successfully. These tasks are initially described in the project plan, a comprehensive document that covers all areas of project management. However,…
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Construction projects will never get off the ground without financing. Money sets the gears of construction management in motion. Creating a construction budget, therefore, is one of the most important pieces when developing a construction plan. How do you create…
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Projects, whether they’re large or small, are journeys. Project managers are responsible for making sure those journeys go according to plan and to do so, they need to break down projects into phases so they’re easier to manage. A milestone…
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Just as a project has a charter to define its scope, so too must your team have a charter to put their work in context. Teams need to know the who, what, why, when and how of the project, and…
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Planning an event can range from a meeting at work to a convention and everything in between. It’s another project where you have to manage time, cost and scope (and don’t forget quality) to deliver on a deadline. Using planning…
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When the leadership team defines an organization’s vision, they look toward the future and identify the goals and objectives they want to achieve. This is the start of strategic planning. The next step is establishing the sequence in which to…
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In the world of planning, no shortage of software offerings allows you to plan and execute your project. Microsoft Planner in particular, which is included in the Microsoft 365 platform, is a major player in the project planning and task…
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Avoiding cost overrun is key to closing a successful project. The quality of deliverables and a timely execution can go out the window if the project is delivered over budget. Of course, it’s easy to say you’re going to keep…
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Risk is inherent in project management and so is the need to create a risk management plan to control it. That methodology is called risk management, which is as important as planning to make sure a project comes in on…
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Better estimates lead to better projects. An accurate forecast of costs, time and more is essential to creating a realistic project plan and schedule. This is where an estimate template can help set a project up for success. Download these…
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