The best things in life are free, but manufacturing goods cost money. The cost of production of those products isn’t as straightforward as it might seem. The sum total investment that it takes for a business to create a good…Read More
It’s a cliche to say nothing is constant but change, but cliches grow from truths. Project managers understand this and work hard to create change management plans that ensure their projects run smoothly. Project management software helps, too, but if…Read More
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…Read More
Manufacturing is based on delivering quality and quantity products to the market on schedule. Using manufacturing KPIs can help you determine strengths and weaknesses that can direct you toward improvements in all phases of your production cycle. Manufacturing KPIs are…Read More
One of the main responsibilities of any project manager is to track project resources so they’re available whenever they’re needed. To do so, they must measure resource utilization. By calculating resource utilization, project managers and employers have a better idea…Read More
Businesses execute projects and to do so, they need to manage different types of resources through a process known as resource management. What Is Resource Management? Resource management is the process of planning, scheduling and allocating resources to complete a…Read More
Projects, no matter the size and scope, are complex. If they weren’t, they might as well be tasks on a to-do list. Luckily, project management is a team effort—for every project, there’s a project team working together to make deliverables…Read More
Resources such as raw materials, human resources and machinery are needed to execute any project. This means that resource management is one of the main hurdles that project managers have to clear for successful project delivery. Because resources are tied…Read More
If you’re working on a design project, wait. Before you start you need to have a design brief. It’s similar to a project brief, only focused on design. After all, you wouldn’t start driving if you didn’t first know your…Read More
You’ve heard it countless times; teams are projects’ most valuable resource. They do the work. But a project manager has to connect each team member to that work. Resource loading is a process to keep team members fully engaged throughout…Read More
If something bad is going to happen on a project, it’s likely related to time, cost or scope. Project managers are well aware of this and spend much of their project planning efforts to avoid negative risk and its potential…Read More
All businesses have assets, and if you want to stay in business, you need to know what those assets are. To start, you have to do an equipment inventory and make an equipment inventory list. That’s not as easy as…Read More
Marketing is essential to connecting your product or service with an audience. But that process isn’t cheap. There are ad buys, graphic work and copywriting to name only a few things. A marketing budget is how marketers know how much…Read More
Before you engage with a new project, there are certain things you have to know. Is the cost worth the return? Can you get it done properly by the deadline? Do you have the resources? Resource forecasting is how you…Read More
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