ProjectManager is excited to roll out another product release designed to bring more value to our customers and help them overcome roadblocks across various industries. Among this release’s hundreds of product updates, we wanted to highlight two that our business…Read More
A successful project starts with a successful estimate. To properly schedule the work to execute your project, you need to know the timeline, costs, scope, risk and more. All of these considerations are part of project estimation techniques. Estimation techniques…Read More
Before setting foot on the construction site, a long process has already unfolded. The architecture design process allows a concept to become a reality. It takes place over several phases, one of the most important being design development. Design development…Read More
There are different ways to deliver a construction project. The elements of any construction project delivery include design, planning, construction and financing. Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s…Read More
Risk is inherent in project management and so is the need to create a risk management plan to control it. That methodology is called risk management, which is as important as planning to make sure a project comes in on…Read More
It’s not uncommon for organizations to have more plans than they have funds. That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or…Read More
Few things are as risky as construction projects. There is heavy equipment, crews working in precarious situations and complicated logistics, safety hazards and risk factors to manage. How do you meet your deadline while managing all that risk? The answer…Read More
Businesses go through a lot. Managers must always be aware of the internal and external factors that can impact their business growth such as economic fluctuations, new competitors, new market trends and more. One of the most common threats to…Read More
Avoiding cost overrun is key to closing a successful project. The quality of deliverables and a timely execution can go out the window if the project is delivered over budget. Of course, it’s easy to say you’re going to keep…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
It’s a given that there will be changes to the project plan during the project execution phase. It’s impossible to factor in everything—from weather to supply chains to change requests—something is going to conspire against your schedule and budget. This…Read More
Before you’re able to do a project risk analysis, you have to acknowledge that risk is going to happen in your project and you’ll need to be prepared with a risk management plan. This plan is the tool project managers…Watch
Uncertainty is a certainty in projects. Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing…Read More
Projects are delicate operations. There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. The risk response…Read More
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