No one needs to tell you that projects cost money. But how much they’ll cost is an open question. The closer you can come to an accurate forecast of project costs, the more likely you’ll deliver a successful project. Rough…
Read More
Creating a project plan is one of the most important responsibilities of a project manager. This document should include everything the team needs to execute a project, such as its budget, schedule, scope, resource requirements, roles & responsibilities, among other…
Read More
One of the big challenges any organization faces is aligning its strategic planning and business goals with the projects it takes on. In small organizations, project prioritization isn’t always critical. On the other hand, in larger organizations, there can be…
Read More
When you’re making a product, how do you ensure that all the desired capabilities are included in the final deliverable? That’s why a project requirements document (PRD) is so important. It communicates this information to everyone on the product team….
Read More
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…
Read More
As projects are all about the bottom line, you can imagine the importance of project profitability in project management. Being able to determine beforehand whether a project will turn a profit is how organizations can decide which projects to initiate…
Read More
Requirements are the tasks that must be done in order to deliver a final project. That includes the features, functions and so forth. Tracing those features can ensure that none slip through the cracks, a process that’s best completed by…
Read More
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…
Read More
Projects are planned and then life happens. Ideally, project managers know better than to execute their project plans without a performance measurement baseline. They need to know immediately if their team is on track or falling behind. Without that knowledge,…
Read More
Products have a lifespan just like everything else. After they’re born, they develop, mature and eventually die. That journey is called product lifecycle management. Like any aspect of creating a product, it involves many processes. Product lifecycle management is the…
Read More
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…
Read More
Strategic planning is key for success in business. By planning strategically for the future, a business can achieve its goals. It’s easier said than done, but the more you know about strategic planning, the better chance you have at succeeding….
Read More
Let’s face it, you want to execute your project well but you don’t want to spend a lot of money doing it. That, in a nutshell, is value engineering. It’s a way to look at your project, whether it’s project…
Read More
Form will go here
A template for every team.
Browse templates