There’s a lot of work involved in getting a project approved. You need to convince stakeholders or clients that the project is worthwhile. This should be done upfront and is usually accomplished via the project summary. That’s a lot of…
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Manufacturing requires the right balance of many factors. One of the most important is inventory management—the materials and components needed for the manufacturing process. The more efficiently a company handles its material requirements, the more profit it will find. And…
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Much of your project will be done in-house, but you’ll likely also contract with suppliers and others to deliver needed materials or services. How do you make sure that the goods are of the type you need, the quantity agreed…
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Most organizations use project names as they’re a quick way to remember projects and programs. Some project managers think those names should describe a project’s purpose or its main goals, while others simply choose cool or catchy project names to…
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More likely than not, you’ve created an action item without realizing it. If you’ve ever written a to-do list, you’ve made yourself a set of action items—errands to run, household chores to complete, people to contact, etc. In project management,…
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Issues arise in almost every project. But knowing there’s an issue is one thing; figuring out its cause and how to solve the problem is another. If you’re missing deadlines and the quality of your product or service is suffering,…
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Project meetings often feel as if they’re in the way of your work. If you’re not working from an agenda or you don’t manage those meetings, that can be true. But meetings are critical for project planning and team collaboration….
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Businesses need to balance their product supply and customer demand permanently. But how do you meet demand and not overstock your inventory? That’s where a process called demand planning comes in. It’s a way to boost profits and minimize overhead…
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A project roadmap is the best way to summarize the what, why and how of your project into an easy-to-understand document that can be shared with anyone. A project management roadmap is a unique tool that has a different purpose…
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Anyone who tells you with 100 percent certainty what 2024 will look like at the start of the year is bonkers. The best we can do is to recognize that the seed of each new year was planted in the…
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Project management tools and techniques make planning and managing projects easier and more effective. They can be applied to any project regardless of the field or industry. When used in tandem with project management software, they help save time and…
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Construction contracts define how owners pay for work done by contractors on a construction project. One of the most popular contracts is called a fixed-price contract or lump sum contract, where a contract defines what will be done and sets…
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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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