Resources are what you need to execute your project plan—people, equipment and materials. Managing those resources is part of how you deliver a successful project. Each task in your project plan will have project resources like people, time and a budget…
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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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There are many ways to contract work. But when the agreement is signed, it’s legally binding. Both parties must adhere to its terms and conditions. That’s why contracts vary from fixed-price contracts, in which the quoted price is final, to…
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There’s never enough time when managing a project. That’s why we make schedules—to try and control time, just enough to get your deliverable by the deadline. Sometimes, however, things go awry. Changes in a project are common of course, but…
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There are many aspects to planning a project. They tend to revolve around the triple constraint of time, cost and scope. One such orbit is resources. Resources can be impacted by all three of those constraints and therefore require a…
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Resources are limited, but your ability to manage them to fulfill the needs of your project isn’t. One of the many challenges that face project managers is how to guide their project to a successful end without enough resources. The…
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Your most valuable resource is your team. They’re the ones get the work done according to the schedule and budget approved. It’s not an easy job. You need to support them, but you must also manage your team so they’re…
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Resources are not just team members or equipment, Jennifer Bridges, PMP, says, but a process to deliver a product. Here’s a screen shot of the whiteboard for your reference! In Review: Jennifer began with misconceptions about what resources in fact…
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What is resource planning? The short answer is that resource planning is the step in writing a business plan where you identify all the resources in a proposed project. Sounds simple enough. But coming up with a summary to manage your…
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A project plan is a methodology to most efficiently complete a series of tasks through scheduling and resources. There are many parts to planning a project and all of them are important. But the project doesn’t get done if you’ve…
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Learn how to effectively schedule your team members time across multiple projects, as well as how to create effective time estimates, in this PM training video with Jennifer Bridges, PMP. Here’s a shot of the whiteboard for your reference! In…
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