There are many project risks that can affect your project and, as a project manager, you’re responsible for the risk analysis process. Risk analysis, or risk assessment is essential because it allows project managers to classify project risks and determine…
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Controlling risk is one of the most important areas of project management. Project managers need to know how to identify, track and mitigate project risk. Let’s learn what is project risk, some common examples and how can you manage it….
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Anyone who has delivered a product or service understands the triple constraint. Time, cost and scope have to be controlled to successfully complete a project. However, there’s a fourth constraint that’s less discussed: quality. Cost of quality (COQ) helps you…
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If there’s one thing you can be certain of when managing a project, it’s change. If only you knew ahead of time what those issues would be, you could better address them. Although it’s impossible to predict the future, with…
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Producing an event, whether virtual, in-person or hybrid, is hard enough. Having to make an event budget adds another layer of stress. But it doesn’t have to be a nightmare if you follow a few simple steps to creating an…
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Making assumptions is usually frowned upon. However, in project management, project assumptions are essential for planning a project. But how do project assumptions differ from the assumptions that often mislead us in our daily lives? Let’s take a look at…
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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…
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ProjectManager is excited to roll out another product release designed to bring more value to our customers and help them overcome roadblocks across various industries. Among this release’s hundreds of product updates, we wanted to highlight two that our business…
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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…
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Before setting foot on the construction site, a long process has already unfolded. The architecture design process allows a concept to become a reality. It takes place over several phases, one of the most important being design development. Design development…
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There are different ways to deliver a construction project. The elements of any construction project delivery include design, planning, construction and financing. Construction management at risk, also known as CM at Risk or CMAR, is a construction management approach that’s…
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Businesses go through a lot. Managers must always be aware of the internal and external factors that can impact their business growth such as economic fluctuations, new competitors, new market trends and more. One of the most common threats to…
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It’s a cliché to say that projects rarely deliver as planned, but it’s only a cliché because it’s true. As project issues arise, it’s important to take action. But how do you know what action to take? That’s where an…
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