Projects are made up of many moving parts. One of the ways that you can determine if the project is behind or ahead of schedule is called schedule control. Project planning, scheduling and control all go together when managing a…
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Activity-based costing (ABC) is a method used to allocate overhead and indirect costs based on the activities that drive those costs. In project management, ABC allows for a more accurate understanding of project expenses by identifying and assigning costs to…
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Imagine that you’re taking the lead on a new IT project that involves building a call center from the network to the servers. The call center itself will house hundreds of jobs and will bridge the gap between customer and…
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The secret to agile and scrum project management is simplicity, even in the face of complexity. And although scrum ceremonies are simple, they can be difficult to master. Scrum requires self-organizing teams that can quickly solve problems in agile environments….
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No project is wholly successful or a failure. Some aspects go well while others don’t. To ensure that the next project has fewer faults and more benefits, there’s something in project management called lessons learned. Let’s first define what lessons…
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Projects reach a successful completion by planning, but a plan alone isn’t enough to deliver on time and within budget. Costs, resources and performance must be tracked to ensure the actual effort aligns with the project plan. An S-curve is…
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There are many ways to manage a project. While project management software is the gold standard, there are many free project management templates for Google that you can download to plan, manage and track your projects. Get these free project…
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There’s always something to deal with when managing a project. One responsibility of the project manager is to identify what’s wrong and devise a way to resolve it. This requires getting to the cause of the problem, which is what…
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Resources are limited, but your ability to manage them to fulfill the needs of your project isn’t. One of the many challenges that face project managers is how to guide their project to a successful end without enough resources. The…
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Project management is a unique field. It exists in many industries because a “project” applies to almost anything that achieves a goal or produces a deliverable. This can include anything from software development to construction. Nearly every industry has projects…
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The words stakeholder and shareholder are often used loosely in business. The two words are commonly thought of as synonyms and are used interchangeably, but there are some key differences between them. These differences reveal how to appropriately manage stakeholders…
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Getting from one’s current state to the desired future requires understanding what needs to be done to get there. That is the basis of a problem statement, which is used in everything from project management to research projects. What is…
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Planning a project only gets you so far. You also must monitor your progress and performance to track if you’re on schedule and within budget. Then there are your stakeholders whose expectations must be managed. That’s where Excel report templates…
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