Project Management Software

There are many projects, but not all are the right fit for an organization. Project appraisal is how one determines what is right for them. It’s like risk management or risk analysis to ensure that the approved project delivers benefits worth the investment. To better understand this process, let’s define the term and when a project appraisal should be done. Just as there’s more than one type of project, there are different types of project appraisals. We’ll explore those, including project appraisal techniques and more. What Is a Project Appraisal? A project proposal is a formal document that outlines a project’s objectives, scope, timeline, budget and overall plan. It…

Projects might have a roadmap, but when executed, they rarely go as planned. Internal and external factors can impact the project’s scope, budget, schedule and more. To address these issues before they even occur falls under project contingency. Let’s start by defining project contingency and what makes up a contingency plan. Then, we’ll show how to execute that plan to avoid scope creep, budget overruns and schedule delays. Finally, we’ll share a few free templates to help facilitate the process. What Is Project Contingency? Project contingency refers to a reserved amount of time, money or resources set aside to address unexpected events or uncertainties that may arise…

Successful projects aren’t had by holding one’s nose and jumping in. There must be preparation. In project management, once a project has been approved, it starts with a project outline. While a project outline might seem obvious, it’s worth spending a little time defining what the phase means. Once that’s clear, we’ll show when a project outline is made, what should be included and provide an example to show how it works in a real-life scenario. What Is a Project Outline? A project outline is a high-level overview that summarizes the key components of a project. It typically includes the project’s objectives, scope, timeline, key milestones, deliverables, stakeholders …

A project list is the starting point for any project management process. They’re a great way to take what seems an insurmountable amount of disparate tasks and organize them. A project list can be as simple as a to-do list or a corral for many projects. Using a project list is so important it’s worth taking a moment to explore what it is, how to create one and how it fits into managing your project with project management software tools. What Is a Project List? The most straightforward answer is that a project list is a to-do list for a project. You could use a project list as you would any to-do list, creating a list of tasks you need to do today, this week or over the…

Keeping your employees engaged and on task is, well, no easy task. They say one bad apple can spoil the whole bunch—and it’s true. A bad hire can cost your business valuable workplace productivity, not to mention nearly 20 percent of their salary on average. And those are just a couple of reasons why workforce management is so important. Whether you’re in IT, construction or retail, mastering the basics of workforce management can benefit you immensely. What Is a Workforce, Exactly? A workforce is the total number of people employed or available for work within a specific context, such as a company, organization, industry or geographic region. Think of it as the human c…

Effective process management is the backbone of successful project execution and operational efficiency. To streamline planning, execution and tracking, teams often rely on a suite of templates designed to simplify and standardize their workflows. Process management templates are ready-made tools that help organize tasks, monitor progress, allocate resources and maintain budgetary control. While project management software does the job better than these process management templates, we understand that not everyone is ready to upgrade. Therefore, in this roundup, we explore key types of process management templates, including flowcharts, service blueprint and RACI matrix …

Ask a dozen people what agile is and you’ll get a dozen different answers. But it’s best defined by scrum as a model. Scrum is a way to manage a project within an agile framework and is made up of three roles: product owner, scrum master and team—all of whom are involved in sprint planning. The product owner is focused on the business side of the project, the scrum master is the expert, who acts like a coach. The team is self-directed and works as they see fit to meet the goals of the product owner. If you’re interested in the nuts and bolts of scrum, check our our guide. For this post, we’re going to take a deep dive into one of the events in the scrum framework, the s…

Before project management software, there were manual methods and traditional tools to plan, track and manage projects. This added time and effort, which exponentially grew with the size and complexity of the project. Paper-based planning, physical communication and manual resource management feel as if from another time. That’s because it is. While technology has pros and cons, few project managers and project teams dispute the improvements that project management software provides. Let’s explore how this project management tool is used, its features and the variety of commodities available and those that rise to the top of the list of preferred products. What Is Proje…

A project is like a car; it starts somewhere and moves somewhere else. No one would think of taking that trip without a dashboard to monitor their speed, gas levels and other important data. The same is true with a project, which is why we’re going to write about dashboard examples. First, we’ll answer the question: What is a dashboard? Then we’ll move on to what is typically included in a dashboard and illustrate some dashboard examples. For each, we’ll list the type of metrics that they monitor. We’ll end with a few free downloadable dashboard templates for a hands-on idea of how they work. What Is a Dashboard? A dashboard in project management is a visual tool that p…

For any company to profit from a product, there must be a strategic plan in place to produce just enough to meet that need. Create too few products, and there’s a missed financial opportunity. Create too much, and money is wasted in production and warehousing. Aggregate planning is a technique to create an equilibrium between demand and capacity. It’s something every company that is producing something needs to know. Let’s take a look at what aggregate production planning is and some aggregate planning strategies. What Is Aggregate Planning? Aggregate planning is a method for analyzing, developing and maintaining a manufacturing plan with an emphasis on uninterrupted, c…

The project manager is on the ground, running the team and keeping the daily operations of a project running smoothly. But who looks after the project manager? In project management, that position is called a project director. Project management tends to be a hierarchical methodology that has numerous tiers of command. If you’re looking for a job or need to fill an open position, you’re in luck. The below job descriptions are very precise. Let’s take a look at a project director and learn what they do. What Is a Project Director? A project director is a person responsible for leading a team of project managers, which can also include contractors, sub-contractors, softwa…

Projects are expensive. Project financing is how they acquire the funding to pay for the project. To understand this process, one must begin with the meaning of project financing and then work towards the various methods of getting it. We’ll go over that, explore various project financing sources, explain the process of getting that financial support and provide an example to see how this plays out in the real world. We’ll end by sharing some free templates to help estimate costs, budget and more. What Is Project Financing? Project financing refers to the process of securing and managing the financial resources needed to execute a project. It involves structuring fundin…

Whether it’s investors or customers, stakeholders are important to every project. But what is a stakeholder? There’s more than one answer to that question. Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. What Is a Stakeholder? A stakeholder is either an individual, group or organization that’s impacted by the outcome of a project or a business venture. Stakeholders have an interest in the success of the project and can be within or outside the organization that’s sponsoring the project. Stakeholders are important because they can have a positive or negative influence …

Stakeholders are anyone who has a vested interest in the project. They can be internal, such as project managers, teams, owners or investors, or external, such as clients, customers or suppliers. There can be a lot of stakeholders in any project and managing them requires stakeholder management templates. ProjectManager is project management software that helps you manage projects and stakeholders. If you’re not ready for a free trial of the software, we also offer dozens of free project management templates for Excel and Word that can help with every phase of your project. Here are some free stakeholder management templates. 1. Stakeholder Analysis Template There may b…

Project management has developed the means to increase the likelihood of successful completion. That starts by breaking a project down into project management phases. What are those project phases? We’ll define them in detail. This is a great opportunity for those new to project management, but also serves professional project managers and their teams who can never go over this critical information enough. What Are the 5 Project Management Phases? The five project management phases are a structured approach to planning, executing and completing a project. Based on the Project Management Institute (PMI) framework, these phases help project managers and teams stay organiz…

Before defining an issue log, let’s define project issues. An issue is any roadblock or unintended impact that directly affects your project’s timeline and or performance. It’s different than a risk, which can be defined as a potential problem or future issue that might happen in your project. An issue is something that has already come up in your project, and you need to identify and track that issue immediately. What Is an Issue Log? An issue log is a simple list or spreadsheet that helps managers track the issues that arise in a project and prioritize a response to them. We have created an Excel Issue Log template you can download for free. It’s an easy way for you to…

The term stakeholder is familiar to those in project management. These are individuals, groups or organizations that have an interest in or are affected by the outcome of a project. However, not everyone understands that they can be broken down into internal stakeholders and external stakeholders. To understand the difference between internal and external stakeholders, we’ll first define both and offer examples of them in project management. Identifying them is only the first step. After that, we’ll spend some time explaining how to manage internal stakeholders and external stakeholders What Are Internal Stakeholders in Project Management? Internal stakeholders in proje…

Projects are delicate operations. There is so much that can impact them; a storm cutting off the supply chain, equipment failure or a labor dispute are merely three possible situations in a seemingly endless succession of risks. The risk response plan that you create to deal with these risks, which describes risk identification, assessment, and mitigation response strategies, could mean the success or failure of the project. It’s no wonder so much of project management is focused on risk! Controlling risk, having a risk response plan and implementing risk response strategies are methods to better manage your project and deliver success. Another way is to have project ma…

Starting your projects in the right way makes it so much easier to manage your work and your team. While it’s tempting to dive straight in and get on with your tasks, it pays to take a bit of time at the beginning to plan out your work and check that you’ve got everything you need. Set your projects up for success with this easy-to-use checklist. Work through the list and make sure you can say ‘yes’ to each item: then you’ll know you can start work confidently. But first, let’s run through some basics about project kickoff. /wp-content/uploads/2023/09/Project-kickoff-template.jpg Get your free Project Kickoff Template Use this free Project Kickoff Template for …

Goals are set easily enough, but reaching them takes work. Sometimes that work is falling short, and project teams need to figure out why and how to get back on pace to meet their goals. For that, they use something called a needs assessment. But what is a needs assessment, often called a needs analysis? We’ll answer that first before going into when one should take place and how to do it. To better understand, we’ll share an example and even a template to help readers get started. What Is a Needs Assessment? A needs assessment is a systematic process to identify and evaluate gaps between a current situation and desired outcomes. It helps organizations, teams or individ…

Need to know how to plan an event? If you’re planning a big event like a conference, we can help you successfully create, structure and lay out your event plan. This blog will cover everything you need to consider when planning an event, including event planning steps, tips and an easy-to-use event checklist. What Is Event Planning? Event planning is the process of putting on and managing a variety of events, from something as small as a meeting to as big as a convention and everything in between. When event planning you’ll be taking into account every aspect of that event, whether it’s a birthday party or a networking event. That means you’ll be estimating budgets, cre…

Defining the project scope is a critical part of the project planning process. That’s because the project scope defines the boundaries of what will and won’t be part of the project work, which is essential when making the project budget and schedule. Naturally, scope management is an important area of project management and there’s a lot to learn about it. But before we jump into that, let’s start with the definition of project scope. What Is Project Scope? The project scope is the total amount of work that needs to be done to complete a project. To define it, project managers must break down the project into the tasks and deliverables that’ll be executed to meet goals …

There are many project risks that can affect your project and, as a project manager, you’re responsible for the risk analysis process. Risk analysis, or risk assessment is essential because it allows project managers to classify project risks and determine which of them should be tracked closely. What Is Project Risk Analysis? Risk analysis consists of using tools and techniques to determine the likelihood and impact of project risks that have been previously identified. Therefore, risk analysis helps project managers decipher the uncertainty of potential risks and how they would impact the project in terms of schedule, quality and costs if, in fact, they were to show up…

Projects don’t just happen. There’s a lot of work before they’re approved, and once they have been given the go-ahead, there’s even more planning and scheduling needed! How do you communicate that information with stakeholders and the team so they understand the project? You use a project brief, an important document that outlines what the project is about, to do just that. A project brief lets you convey the main goals of the project so that everyone understands what they’ll be doing. Read on to learn more about them, and how to make one for yourself. There’s even a free template and in-depth example of a project brief for a construction project to help you get started…

If you don’t have the funds, you’re not going to complete the project successfully. That’s why a project budget is so important: it’s the lifeblood of the project. Follow these steps to secure the funds necessary to support the project through every phase. But first, we need to define what a project budget is. What Is a Project Budget? A project budget is the total projected costs needed to complete a project over a defined period of time. It’s used to estimate what the costs of the project will be for every phase of the project. Creating a project budget is a critical part of the project planning process. The project budget will include such things as labor costs, mate…