Project Cost Estimating Techniques
In the Estimate Costs process of the Project Cost Management knowledge area, there are some tools and techniques recommended by the Project Management …
Continue ReadingShowing items from Project Planning for PMs
Examples of Life-Cycle Costing (LCC) in Project Management
It took us a year to develop and install our own servers. Leadership applauded our efforts. Unfortunately, the cost of maintenance surpassed …
Continue ReadingTypes of Project Costs - Examples of the Different Variables in Project Cost Management
“So far, we’ve lost over a million dollars. No point in turning back now. Let’s see if we can recover our sunk costs." But…can sunk …
Continue ReadingRecognizing and Responding to the Needs of Project Stakeholders and Clients
Sometimes, there’s quite a big gap between what a stakeholder asks for and what the stakeholder needs. Other than learning how to read minds, …
Continue ReadingCost Estimation Methods in Project Management
When it comes to estimating how much a project is going to cost, accuracy is key in allocating the proper amount of time and funds for a project. A …
Continue ReadingOverview of Charts Used in Project Management
This article lists and describes some of the common charts used in project management. Learn about what charts can help you to plan your projects by …
Continue ReadingProject Management: Combining Art and Science
Is project management more of an art or is it more of a science? Maybe it’s a little bit of each. Find out here.
Continue ReadingProject Management Key Concepts
This guide provides an overview of the key concepts in project management, including the project management process, project life cycles, and project …
Continue ReadingAn Introduction to Customer Relationship Management (CRM)
Customer Relationship Management, or CRM, refers to a set of methodologies, Internet support, software, and other business tools that aid a company or …
Continue ReadingThe Role of Ethics in Project Management
When it comes to project management, ethics are extremely important in gaining the support of the project team. Ethics are defined as the moral …
Continue ReadingThe Pros and Cons of Project Management Templates
Using project management templates is like a double-edged sword. While these templates can help save time and money, overusing generic templates could …
Continue ReadingDifferentiating Between Scope Creep and Scope Discovery
When managing a project, sometimes the project manager works additional items into the project plan. Items detrimental to the project are called …
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