Stakeholders are concerned with the progress of the project because they have a vested interest in its success. They want to stay in consistent communication with you and get reports on how the project is progressing over regular periods of…
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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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Keeping tabs on the performance of your project is an essential part of project management. Tracking project performance gives project managers the data they need to keep the actual effort of the project aligned with the planned effort and deliver…
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So much time and effort is put into the planning of a project, it is often forgotten that the end of a project—project closure—is equally important. There’s a lot of work involved even once a project is technically complete. For…
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Throughout the life of a project, you must report on a wide variety of information. This information will be compiled into different reports and passed along to managers, investors, clients and other stakeholders. From there, reports can be used to…
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Businesses need to monitor work to make sure that they’re meeting milestones. They also need to have a means of communicating that information to their stakeholders. Business report templates are a tool that can do both. Use these free 15…
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In short, a post-implementation review is a process to evaluate whether the objectives of the project were met. You can also use it to see how effectively the project was managed. This helps to avoid making similar mistakes with future…
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Scheduling production, planning a budget and allocating resources only sets up manufacturing for success. Monitoring and controlling that process ensures that deadlines are met and costs aren’t exceeded. One way to keep track of the manufacturing process is with a…
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Key performance indicators (KPIs) provide projects with a lot of data. But to know whether those KPIs are on target requires more than just a gut feeling. You need a way to quickly and expertly evaluate whether project goals are…
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Excel project budget templates are one of the most popular tools to create a project budget. However, Excel isn’t the best tool for project budgeting as it doesn’t allow project team members to collaborate online, sharing files among team members…
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To ensure that your project is meeting scheduling and budget milestones, you need to have project metrics to measure your progress and performance. Project metrics are essential to delivering a project on time and within its budget. But what are…
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A project isn’t a success when it finishes on time and within budget: the real test of its success or failure is stakeholder satisfaction. If the quality isn’t up to their standards, then no matter how efficiently the project was…
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All projects use reporting to monitor progress and performance, but in construction, reporting is especially important. Construction reports are more varied and chart everything from project status to incidents and compliance. First, let’s define what construction reporting is and then…
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