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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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There’s a lot riding on what project your organization moves forward with, especially if you’re managing a program or portfolio. The investment of money, time and effort can be huge, not to mention determining where to allocate your resources. The…
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What are you going to put on your product roadmap? It’s not an easy question. Which product gets the green light? What features need priority? The RICE framework provides a scoring model for product managers when prioritizing roadmaps. RICE is…
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There’s a limited amount of time and resources for every project. As projects unfold, you may encounter challenges and unexpected events that force you to rethink your resource allocation and make changes to your project schedule. Resource leveling can help…
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Every project, regardless of the industry, uses a methodology to estimate time and cost to better plan projects. In the life sciences, engineering and construction industries, the method often used is called parametric estimating. When dealing with a project that…
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Resource management tools are an essential part of any project management software. Every project has materials, tools, equipment, people or resources to manage. No matter how good your project plan is, if you can’t manage your resources, your project will…
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