Whether you’re managing a project in construction or manufacturing, keeping costs down is paramount. The lower your costs, the higher your profits. It’s as simple as that. This is why cost control techniques are so important in project management and…
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Just as one wouldn’t drive a car without a dashboard as it provides valuable information on the vehicle’s speed, gas level and so on, no construction project manager should try to deliver construction projects without a construction project dashboard. A…
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Construction companies have to do some heavy lifting, and that’s not just the steel and concrete they use to erect buildings, bridges and other structures. Many different types of materials and labor go into their work which requires their contracts…
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Construction contracts are legally binding documents between two parties outlining the terms and conditions of the working relationship between them, usually awarded after a construction bidding process. In this blog, we’ll explore the components, pros and cons of a cost…
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Projects are expensive. There are labor costs, material costs, overhead and operational costs. When a contractor bids on a construction project or a manufacturer takes on a job, they need to have an accurate forecast of the price for the…
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Resource management is all about getting the materials, supplies, equipment and people you need to execute a project. It involves how you plan, schedule, allocate and manage those resources to best serve the project. But what exactly is resource management…
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Many tools help project managers deliver their projects. One is the impact effort matrix, which we’ll define shortly. This visual tool is handy when deciding how to allocate resources to maximize their effectiveness. Read on to learn when to use…
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Looking for a specialized tool designed to integrate project management functionalities with financial and accounting capabilities? There are many project management accounting software on the market, but it can be difficult to decide which is best for one’s projects and…
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Projects live and die on many hills, but the one stakeholders are usually most passionate about is cost. Project cost management software is an essential tool from construction to IT and professional services. Having the right project cost software could…
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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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Managing inventory is critical whether in manufacturing, retail, construction or any industry that lives and dies by having the right resources when needed. An inventory template is a structured tool that helps record, manage and track inventory items. Using an…
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Resources include the needed people, equipment, raw materials and so on to execute project tasks. Managing resources helps structure information to make it easier to track timelines and tasks. From manufacturing to construction, these free resource management templates add consistency…
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Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver…
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