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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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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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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In this blog, we’ll provide an overview of the most commonly used project reports, including examples and sample project reports you can download. What Is Project Reporting? Project reporting is one of the key responsibilities of any project manager. Project…
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What Are Deliverables In Project Management? Projects produce deliverables, which are simply the results of project activities. Project deliverables can be big or small, and their number varies depending on the project. They’re agreed upon by the project management team…
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Whether you’re running a company or a project, you’re going to have to deal with a budget. A budget is the spending plan that you forecast using estimates of income and expenses. To ensure you’re keeping to that ever-important operating…
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Documentation is required in any project, but even more so when it comes to construction project management. Construction projects demand regular and detailed reporting during execution so you can review and analyze your progress. This data is delivered in the…
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Tracking what you do is essential to proper execution. Without a clear picture of where you are, you’ll never have a clear path toward where you need to be. Regarding project management, an audit trail is a way to deliver…
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Whether you’re managing a traditional, agile or hybrid project, they all have one thing in common: documentation. Depending on the methodology, project management requires a lot of paperwork, which is why records management is so important. Records management helps control…
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To stick to your project budget, you have to track costs. Project accounting, as with general accounting, is a method by which project managers can manage project finances. Project accounting is not the same as balancing your checkbook or even…
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