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
Managing a project requires more than planning and budgeting, it also requires scheduling. While deliverables are due at specific points on your project timeline, getting those deliverables completed on time requires scheduling your human resources with a resource calendar. In…
Read More
What Is Project Cost Management? Cost management is the process of planning and managing the budget of a business or project. In the case of a project, it helps the project manager estimate what the project will cost and set…
Watch
Just as we only look at the building and often neglect the foundation that supports it, the architectural design process is the bedrock of construction project management. It’s a lengthy process that follows the construction project from inception to completion….
Read More
Whether you call it a material takeoff, quantity takeoff, construction takeoff or simply takeoff, the reference remains the same. Material takeoff is part of a detailed and effective construction cost estimate. The more accurately you can forecast your construction project…
Read More
In project management, resources are the people, tools and materials necessary to get the project done. In other words, resources are important—and so is resource management. A resource histogram is a statistical tool used to manage resources. It’s a historical…
Read More
Everything you need for your manufacturing process is a resource—people, materials, equipment, software, facilities, etc. And whatever you’re making, you need to manage those resources to do it. That process is called manufacturing resource planning (MRP II), and it’s a…
Read More
Resources are what you need to execute your project plan—people, equipment and materials. Managing those resources is part of how you deliver a successful project. Each task in your project plan will have project resources like people, time and a budget…
Read More
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…
Read More
There are many ways to contract work. But when the agreement is signed, it’s legally binding. Both parties must adhere to its terms and conditions. That’s why contracts vary from fixed-price contracts, in which the quoted price is final, to…
Read More
There’s never enough time when managing a project. That’s why we make schedules—to try and control time, just enough to get your deliverable by the deadline. Sometimes, however, things go awry. Changes in a project are common of course, but…
Read More
There are many aspects to planning a project. They tend to revolve around the triple constraint of time, cost and scope. One such orbit is resources. Resources can be impacted by all three of those constraints and therefore require a…
Read More
Resources are limited, but your ability to manage them to fulfill the needs of your project isn’t. One of the many challenges that face project managers is how to guide their project to a successful end without enough resources. The…
Read More
