What to Do If Your Project Budget Is Out of Control
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by Joe Somerville
When the project budget is out of control. The overall success of your project is threatened. Failure to control the budget may lead to lost investments, problems with stakeholder relationships and even termination of your services as a project management professional or project manager. However, you can minimize the damage from an out-of-control budget by…
Read moreBusiness Acumen: Seeing the Big Picture
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by Jeff Collins
Business acumen is a crucial skill that enables individuals to see the bigger picture and understand the impact of decisions on the bottom line. It encompasses a deep understanding of finance, strategy, and decision-making. However, many managers and employees often lack a comprehensive understanding of how their decisions can influence other areas of the business….
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The Benefits of Consolidating Your Project Portfolio Data
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by Jeff Collins
In today’s fast-paced business landscape, managing project portfolios can be a complex and demanding task. With an abundance of data scattered across various systems and departments, it becomes crucial to consolidate and harness the power of this information. In this article, we will explore the benefits of data consolidation in project portfolio management and how…
Read moreEarned Value Management Formulas Every Project Manager Should Know
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by Joe Somerville
A major challenge Project Managers face is how to identify problems on their projects early enough to successfully make corrective actions. Understanding more about the status of your projects through earned value management (EVM) can help your organization achieve timely visibility into problems that can affect your project outcomes. Successful project managers understand the role…
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A Solution to Improve Project Lifecycle Management
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by Jeff Collins
When people talk about the project lifecycle, what they’re essentially talking about is a timeline. On one end of the timeline is the development phase of the project. It involves research, the allocation of responsibilities and other necessary tasks that will be performed before the project actually begins. On the opposite end of that spectrum…
Read more5 Tips for Developing the Best Project Schedule
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by Jeff Collins
Out of all project management responsibilities, the project schedule be your primary concern. The project schedule determines what will be completed, when it will be completed, and how it will be completed. The project schedule is crucial to ensuring all activities and tasks adhere to your budget, and it helps maintain accountability in the event…
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5 Tips For Effective Project Collaboration
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by Jeff Collins
There are plenty of ways to improve project collaboration. While you have the option of paying for classes to learn how to achieve efficient project collaboration in your office, you can also start improving your team collaboration by using these five tips. 1. Remember You’re Not a Project Management Software This is the most common…
Read more5 Tips for handling Difficult Enterprise Project Management
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by Jeff Collins
If you find that an enterprise project management experience is exceedingly difficult, you’re probably falling into one of a few common traps. The key in these types of situations is to learn the pitfalls that you’re likely to encounter ahead of time so that you can avoid them altogether. There are a few key tips…
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5 Tips to Improve Your Time Management
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by Jeff Collins
Time is everything in project management. The project needs to be completed by the deadline, resources need to be delivered, and everyone in the project is paid on the basis of worked hours. Your responsibilities extend far and wide in the project, but you cannot micromanage the project. If you do, you will encounter delays and encourage…
Read more5 Ways to Save Time (And Money) On Your Enterprise Construction Projects
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by Jeff Collins
When it comes to enterprise construction projects, there are always a few key things to keep in mind. For starters, time and money are two of the most valuable resources that you have at your disposal. The key thing to takeaway, however, is that these are not renewable resources. You don’t have an infinite supply…
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6 Project Risks That Can Lead to Sabotage
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by Jeff Collins
Risk is a certain fundamental element of every project. No matter how hard you try to avoid it, it will rear its ugly head time and again. The key is looking at the big picture at the outset of a project, however, and identifying these risks up front so you know exactly what steps you…
Read more6 Reasons Why Projects Fail, Even When Using PM Software
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by Jeff Collins
Project management software is a valuable tool to team leaders everywhere. It is not, however, designed to do all of your work for you. A large number of project managers have issues with project management software and achieving the types of success that they need. By understanding the common types of issues that people in…
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