To understand cost control, you must first understand why it is used: monitoring expenses and identifying risks to increase profits. Not to be confused with cost management, cost control has its own set of objectives that can save businesses money….
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Projects live and die on many hills, but the one stakeholders are usually most passionate about is cost. Project cost management software is an essential tool from construction to IT and professional services. Having the right project cost software could…
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When it comes to construction projects, the space that you’re filling is equally as important as the structure that you’re building. That’s why site analysis is so important to a successful construction project; whatever you’re building must work in the…
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What Is Project Implementation? Project implementation, or project execution, is the process of completing tasks to deliver a project successfully. These tasks are initially described in the project plan, a comprehensive document that covers all areas of project management. However,…
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You can spend hours reading business books and browsing blogs about teamwork, but sometimes, teamwork quotes from history seem to say more than an entire book ever could. And since every team can use a little extra motivation once in…
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Managing multiple projects at once can be a bit like a juggling act. Every action taken in one project needs to feed into the next with fluidity and poise, and when done right, a skilled portfolio manager can make it…
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Construction projects are more likely to succeed with online project management software. But not all construction projects are the same and not all firms in the construction industry are the same. Why should general contractor software be the same? They’re…
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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…
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Project managers use many tools to plan, manage and track projects, but few tools are as powerful as a Gantt diagram. However, Gantt diagrams are often thought of as difficult to create. We’ll show you how to build one from…
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A project isn’t successful just because it’s been completed on time and within budget. There’s another project constraint that is critical to success: quality. Stakeholders aren’t going to be happy if the quality of the product or service doesn’t meet…
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A vision statement almost sounds mystical. But it’s not supernatural, far from it. Rather, a vision statement is a foundational business document. There’s a lot of paperwork that clutters the office of any organization, but the vision statement is unique…
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Managing inventory is critical whether in manufacturing, retail, construction or any industry that lives and dies by having the right resources when needed. An inventory template is a structured tool that helps record, manage and track inventory items. Using an…
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Projects, whether they’re large or small, are journeys. Project managers are responsible for making sure those journeys go according to plan and to do so, they need to break down projects into phases so they’re easier to manage. A milestone…
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