“Make or buy” is one of the strategic choices that project managers face in project management. CONTENT Make or buy: 6 factors of decision making 1. Existing skills 2. Potential skills 3. Revision time 4. Cost evaluation 5. Quality comparison 6. Emotional reasons Make or buy analysis: project manager’s role Make or buy: strategic and … Continue reading “Make or buy? How important the Project Manager is in decision making”

Time reporting is a critical component of project management. CONTENT Why use time reporting software? How does software time reporting work? 1. Addition of time entries 2. Time tracking 3. Reporting Choosing the right tool Time tracking provides a way to track the hours spent on individual activities and the overall project. The best way … Continue reading “Time reporting: clarity and straightforwardness thanks to a software”

Project variances are a real nuisance, and successful project managers must manage them as best they can. CONTENT What are design variations? Why is change management important? How to best manage the project variance 1. Initiating a change request 2. Evaluation of the change request 3. Analysis of the change request 4. Implementation of the … Continue reading “Project variance: how best to manage it”

Sprint planning is an essential part of the Scrum management process. CONTENT What is sprint planning? Sprint planning execution 1. Sprint planning meeting 2. Past sprints review 3. Establishing your sprint goal 4. Break down the objective into tasks Resource allocation 6. Setting a time period 7. Measuring progress 8. Sprint review Benefits of successful … Continue reading “Sprint planning: how to plan it to achieve your goals”

If you are looking for the best Gantt chart out there, we strongly suggest you to take a closer look at at this article. CONTENT What is a Gantt chart? What are the advantages of a Gantt chart? 1. Project status overview 2. Team communication improvement 3. See overlapping activities and dependencies 4. Increased remote … Continue reading “The best Gantt diagram on the market: TwProject”

A poor quality project management plan is one of the main reasons for project failure. CONTENT Creating a project management plan in 9 steps Project management plan: Gather requirements from key stakeholders Project management plan: Define your project scope Project management plan: Create a work breakdown structure Project management plan: Project activity sequence Project management … Continue reading “Project management plan: how to make it”

Project management for public works is crucial, especially considering the returns in such a construction project. Preventing costly mistakes becomes the number one priority. From planning and design to resource management, budget allocation, and more, project management for public works aims to keep the entire process efficient and on track. In this article, we will … Continue reading “Project management for public works”

Among the professionals working in the public procurement field, a particular role is covered by project management for the Head Project Manager (RUP – Responsabile Unico del Procedimento, in Italian). But what is it all about? What are the specific tasks of this position? Let’s discuss it in this article. CONTENT Who is the Head … Continue reading “Project management as Head Project Manager”

Executive summary, what is it? It’s a question every good project manager should be asking. Time Magazine reports that 55% of people read content for as little as 15 seconds, which is also true in the case of project management. Attention levels are at an all-time low, including those of potential investors and project stakeholders. … Continue reading “Executive summary: What it is and what it is for in project management”

Measuring project performance is an expectation that any business effort comes with. CONTENT Why is it important to measure project performance? Celebrate successes Find areas where improvement can be made Make organizational decisions Metrics for measuring project performance Cost calculation Meeting deadlines Return on investment Earned Value Earnings before interest, taxes, depreciation, and amortization (EBITDA) … Continue reading “How to measure project performance”

A solid cost estimate in project management is paramount to the success of a project. CONTENT What is cost estimation in project management? 4 project cost estimation techniques 1. Analogous estimating 2. Parametric estimating 3. Bottom-up estimating 4. Three-points estimating A poorly conceived budget leads to misallocation of resources, unrealistic expectations, and, eventually, failure. Also, … Continue reading “Cost estimating in project management”

In project management, we constantly ask what allows us to create value for stakeholders, which involves considering tangible benefits. CONTENT What are tangible benefits? Tangible benefits management process Tangible benefits definition Benefit organization Tangible benefits implementation and monitoring Benefit evaluation How to evaluate tangible benefits Not all financial benefits are the same, so it is … Continue reading “Tangible benefits: What are they? Do you know them all?”