Contractors bid for jobs. They have to outline what they’ll do, how long it’ll take and at what cost. Those estimates must be accurate or it can lead to a failed project or cut into the contractor’s profit margin. Using…
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The project budget is developed during the planning phase of a project. It’s a document that captures the total costs required to complete a project over a specified timeframe. The more accurate your forecast for project costs, the more likely…
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Technology, labor, distribution and consumer demographics have changed in the last few years. As such, business processes must constantly evolve to adapt and bring satisfaction to the customer as efficiently as possible. Organizations are continually looking for a leadership team…
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More likely than not, you’ve created an action item without realizing it. If you’ve ever written a to-do list, you’ve made yourself a set of action items—errands to run, household chores to complete, people to contact, etc. In project management,…
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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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Lean management originated in Japan where it grew out of the Toyota Production System. Today, lean manufacturing is widely used in industries such as project management, software development, construction and more. Lean principles stem from the Lean Enterprise Institute (LEI),…
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Without a plan, projects are in trouble. Project planning is one of the first and most important aspects of project management. Using project planning templates can help you schedule tasks, estimate budgets and allocate resources. Project management software does more…
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Everyone has their own idea of a good time management plan. People often make to-do lists, use task management apps, set alerts, pin things to their fridge and even write notes on their hands. It’s great to plan, but the…
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Product management is a way to organize the development, position and pricing of your product. It helps you manage every step of the process that sees your product go from concept to market. As you might imagine, having project management…
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Projects are all about delivering a product or service. Whether you’re working in project management, manufacturing, supply chains or inventory management, you need to deliver something valuable to your customers. This is why lead time is so important. There are…
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What Does OKR Stand For? OKR stands for objectives and key results. It’s used as a framework for organizations, teams and individuals to set goals that are challenging, actionable and measurable. OKR can help track progress, motivate employees and create…
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Businesses need all the help they can get. These 32 free Word and Excel templates for business help with everything from cost-benefit analysis to timesheets. Business templates are a great way to work consistently and not have to reinvent the…
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Workload management is a critical part of executing any project; projects are executed by people and as a project manager, you must ensure that your team’s workload is balanced. Project teams look to project managers to clarify what they should…
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