The construction project manager role is a unique position, though
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Archive for June, 2021
You can’t understand Trello, or properly evaluate Trello alternatives, without understanding the kanban board. The kanban board is easily one of the most popular task management tools available ffor project managers. If you’ve used one, it’s not hard to see why they’re an important part of project management software.
What Is a Kanban Board?
Kanban boards are visual tools that keep teams flexible, productive and focused on continuous delivery. It’s a more efficient way to manage workflow and team collaboration. Given its diversity and simplicity, it’s understandable that so many software solutions are incorporating kanban.
Trello, the Most Popular Kanban Software
Perhaps the most popular kanban software is Trello, which implements the kanban board tool as a means for teams to manage simple tasks. Trello is a task management software that uses the visual overview of kanban to manage projects.
…Read More »
The post Best Trello Alternatives of 2021 for Kanban Projects appeared first on ProjectManager.com.
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Before you’re able to do a project risk analysis, you have to acknowledge that risk is going to happen in your project and you’ll need to be prepared with a risk management plan. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project.
Part of that risk management process is risk analysis. It’s a project planning technique that helps you to mitigate risk. There are also tools that can assist. You should at the very least, have a risk tracking software tool to identify and list those risks.
…Watch »
The post Risk Analysis 101: How to Analyze Project Risk appeared first on ProjectManager.com.
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Even the most meticulously planned projects experience unforeseen changes, and
when this happens, we need to quantify the effect these changes have. Luckily, there are formulas that eliminate the guesswork.
One of these formulas solves for Estimate at Completion — an important metric for monitoring a project budget. Keep reading to learn why to always calculate Estimate at Completion and exactly what this formula can do.
What is Estimate at Completion (EAC)?
Estimate at completion is a part of the earned value management (EVM) system. This term refers to the practice of estimating a project budget during the project’s life. In other words, how much will the project cost at the time of completion? Your EAC can then be compared to the originally projected budget.
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In Earned Value Project Management Method and Extensions, Anbari states that, in a project, “the schedule variance (SV) is a measure of the conformance of actual progress to the schedule: SV = EV – PV” (Anbari, 2003). Read more about the SPI at the link below:
If someone asked how much value you get from a day of work, what would you say? Odds are, you’d give one of the customary responses — a fair amount of value, not much value, a lot of value, etc. Unfortunately, these answers aren’t helpful and aren’t valuable to projects.
The schedule performance index was created to eliminate the guesswork and give a specific, quantifiable answer to the question, as well as show where improvements need to be made for maximum efficiency.
What Is the Schedule Performance Index?
Schedule performance index (SPI) is part of a greater project performance measurement method called earned value management (EVM). The SPI itself is a ratio of earned value to planned (or actual) value. Depending on the integer, SPI reflects a project being on schedule, behind schedule or ahead of schedule.
…Read More »
Anbari, F. T. (2003). Earned value project management method and extensions. Project Management Journal, 34(4), 12–23
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Matthews states that, “good project scheduling methodology is essential to control and ultimately to a company’s competitive advantage and profitability. For this reason, the project schedule has long been emphasized as a key tool in the management of a project’s resources” (Matthews, 1994). Read some great tips for effective resource scheduling at the link below:
What are resources? They’re everything you need for a project. That includes people, places and things.
In other words, resources are essential. Dealing with them and coordinating their use is one of the main hurdles that project managers have to clear if they’re going to cross that project finish line.
Resources will plug into every phase of your project. They’re part of the planning, scheduling and executing of the project. A sound methodology is required in order to have the resources you need when you need them. You know where this is going. Yes, resource scheduling.
It’s hard to pinpoint the most important aspect of project management. Everything feels essential. But there are definitely some pillars that hold up the project and carry more weight than others. Resource scheduling is one. We have a few tips that will help you manage your resources better.
Matthews, M. D. (1994). Resource scheduling: incorporating capacity into schedule construction. Project Management Journal, 25(2), 44–54.
….Read More »
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Most Project Managers of a certain age have been brought up on Gantt Charts, but times change and tools evolve. I embraced the use of a Kanban Board or Scrum Board years ago, and haven’t really looked back. Read more on Gantt Chart alternatives at the link below:
If you’re a certified project manager, then you likely use Gantt chart software. A Gantt chart is a good tool to show the bigger picture on a project and work well for people who like things displayed graphically, and that’s why we love them. But not everyone loves them.
Gantt charts have their downsides. Let’s be honest—once you start adding milestones and dependencies, they get messy. Add in resource names, lag times and symbols, and it can quickly become an eyesore that even a project manager struggles to understand, never mind project sponsors who don’t speak Gantt.
Fortunately, there are simpler ways to get your message across. Here are five alternatives to formal Gantt charts that you can use today.
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We say it all the time — change is inevitable….Read More »
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Gantt charts are the glue that holds projects together. They’re…Read More »
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Issues arise in almost every project. But knowing there is…Read More »
The post Root Cause Analysis: A Quick Guide appeared first on ProjectManager.com.
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