The 5 Best Management, Tracking and Project Budget Software
Using a Project Budget Management Software allows better accountability of costs, expenses and revenues related to a project. There are several …
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Applying Project Management Economics in Selecting Alternatives
Engineering economic analysis is the science of applying economic criterion to select the best economical alternative of a project.
Continue ReadingHow to Calculate Slack Time in Project Management
Calculating slack time and presenting it on the project’s PERT chart is crucial to preventing delays in the project completion. Knowing how much …
Continue ReadingBest Practices in Creating a Project Schedule
Part of every project includes a plan and that means utilizing the best practices in creating a project schedule. These are important to help keep the …
Continue ReadingLearn the Components of a Project Master Schedule
The master schedule for a project is a rigid definition of the duration of the project based on the project master plan and detained work schedules. …
Continue ReadingSee an Example of a Budget in Microsoft Project
With Project, Microsoft provides a powerful resource capable of managing even the most complex projects. Here you will see an example of a budget and …
Continue ReadingAn Overview of Project Planning with PERT
Project Planning with PERT entails laying down events and milestones, determining sequence of activities, estimating activity time, and identifying …
Continue ReadingSee the Future Through Project Management and Scenario Planning
Future Phobia? Discover how Project Management and Scenario Planning can help you see the future.
Continue ReadingCritical Path Method Calculators: An Operator's Guide Using Three Calculator Options
A critical path method calculator is a useful tool for complex projects that have multiple activities and dependencies to determine a project’s …
Continue ReadingProject Charter Summary: Learn a Key Aspect of Project Management
This project charter summary will discuss the information contained in a project charter, review the purposes for a project charter, and present a …
Continue ReadingLearn How to Create a Modular Work Breakdown Structure
Work breakdown structure allows project managers to deal with smaller components of a larger project. But, you can break it down even further. Learn …
Continue ReadingFeatures of CPM (Critical Path Method)
This article explains the features of the critical path method (CPM), namely, network diagram, forward pass, backward pass, critical activities, …
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