There are many things that are needed when managing a project. Front of mind are resources and intangible things like leadership, experience and general know-how. But there are also tangible items that are just as important. Some of these are…
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Capital is money. In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. Figuring out what to spend its capital on, such as capital spending on long-term assets,…
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When governments or corporations make large investments, they don’t do so without serious planning. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Let’s take a look at…
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Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. It’s more than just keeping up with costs. There’s a lot of planning, managing and tracking involved. But what…
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We tested the best Gantt chart software options out there to help you make the right selection for your projects. But before we get into our list of the best Gantt chart software, we’ll first explain what Gantt chart software…
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A service level agreement, often abbreviated as SLA, is used in IT and professional services to define what a vendor is expected to do. It’s part of the contract between any technology vendor and sets up what will be levied…
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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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Manufacturers make things, and how much they make is determined by demand and the supply of raw materials. But who makes the decision on the quantity of output and how that information is delivered is processed through what’s called a…
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There are many Wrike alternatives that offer Wrike’s features and then some; more features, a better user experience, and, in many cases, a lower price point. Don’t partner with the loudest voice, consider the best Wrike alternatives of 2024 that…
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There are four types of construction projects: commercial construction, industrial construction, infrastructure construction and residential construction. Residential construction might be the easiest for laypeople to understand as most of us live in these types of structures. But do we really…
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When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. Of course,…
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An incident is when something happens that isn’t expected and usually has a negative impact on what you’re doing. When working in information technology (IT), an incident can shut down a network or server and stop work, which is why…
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A Gantt chart is a visual tool that helps project managers plan and schedule projects. It’s basically a stacked bar chart that breaks down the project’s tasks and places them on a timeline in chronological order. There are several tools…
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