Whether you’re managing a traditional, agile or hybrid project, they all have one thing in common: documentation. Depending on the methodology, project management requires a lot of paperwork, which is why records management is so important. Records management helps control…Read More
To stick to your project budget, you have to track costs. Project accounting, as with general accounting, is a method by which project managers can manage project finances. Project accounting is not the same as balancing your checkbook or even…Read More
It’s a cliché to say that projects rarely deliver as planned, but it’s only a cliché because it’s true. As project issues arise, it’s important to take action. But how do you know what action to take? That’s where an…Read More
Resource management is one of the most important aspects of project management. Project resources include the raw materials, equipment and human resources necessary to execute project tasks, all of which must be managed during any given project. What Is Resource…Read More
Reporting—it’s what a project manager does. No matter if you’re a journeyman or an apprentice in the field, you’ve made a project report, either by hand or with reporting tools. However, you may not know that there are several different…Read More
For a successful project, you need an overall picture of your work performance information (WPI). Performance reporting provides that information by putting performance measurement, quality assurance and accountability data in context. Performance reports (like a project status report) do more…Read More
Managing construction projects is complex and stressful. You may stick to your schedule and budget, but if your project doesn’t meet quality acceptance criteria, then you’re not just going to upset your stakeholders; you might face down lawsuits. Quality means…Read More
Throughout the life of a project, project managers check in on progress and compare it to the project plan—comparing their predictions to reality. If they don’t do this regularly, odds are the budget will suffer and their project will fail…Read More
Throughout the life of a project, you must report on a wide variety of information. This information will be compiled into different reports and passed along to managers, investors, clients and other stakeholders. From there, reports can be used to…Read More
In order to understand cost control, you must first understand why it is used: monitoring expenses and identifying risks in order to increase profits. Not to be confused with cost management, cost control has its own set of objectives that…Read More
Stakeholders are concerned with the progress of the project because they have a vested interest in its success. They want to stay in consistent communication with you and get reports on how the project is progressing over regular periods of…Read More
Documentation is required in any project, but even more so when it comes to construction project management. Construction projects demand regular, detailed reporting during execution, so you can review and analyze your progress. This data is delivered in the form…Read More
Projects produce deliverables, which are simply the results of project activities. Project deliverables can be big or small, and their number can also vary depending on the project. They’re agreed upon by the project management team and stakeholders during the…Read More
There are lots of project management software apps that feature a dashboard, but not all dashboards are the same. There are dashboards that offer true business intelligence (BI) dashboards, project status dashboards, project portfolio dashboards, and task status updates, to name…Read More
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