Your Guide to Project Management Best Practices

Tagged: software

managing project resources

PM Tips & Ideas

Project Resource Management Software – The Meaning and Benefits

Managing project resources is one of the critical management activities aimed at finding the balanced allocation and levelling of available project resources and optimizing resource utilization and consumption. The project resource management process focuses on planning, scheduling and allocating resources required for initiating and executing a project and its phases. Usually this process is successfully implemented with help of project resource management software which allows using spreadsheets, estimates, templates, to-do lists and reports to plan and utilize project resources.
What is Project Resource Management Software?

It is a computer program to simplify planning and using of resources by providing tools for achieving the balance between project resource requirements, schedules, availability, and optimization opportunities. Project resource management tools allow managing what, where and when a resource should be available and utilized to achieve the optimum project outcome.

What is Project Duration and How to Estimate It

PM Tips & Ideas

Project Duration: Definition, Estimation Techniques and Best Software

In this guide, we will look at the essentials of project management time estimation. First, we will define project duration and how to estimate it. Then, we will take a look at the importance of project time estimation. We will also delve deeper into techniques used to measure and estimate project duration.

agile software dev

IT & Software

Agile PM Methodologies for Software Development

Agile project management (PM) methodologies have appeared to fit the new requirements of IT companies and to deliver new tools in order to efficiently undertake application development processes. This short review of agile PM methodologies gives a description of three agile software development approaches, including Scrum, Extreme Programming and Agile Modelling.

Key Project Management Challenges

PM Tips & Ideas

Handling Key Project Management Challenges by Setting Right Priorities

Key project management challenges are those obstacles that prevent successful completion of the project, and one of the efficient ways to remove the obstacles is to apply right PM priorities to tasks and objectives of the project. Key PM challenges do not allow moving the project forward and delivering expected results. An ability of the project manager to solve key PM problems and issues by defining right PM priorities will let the project to be accomplished on time and as expected. In this article we tried to break the myth of unsolvable challenges and show you what basic steps can be take to apply right priorities.

Project Cost Management – Definition, Process and Software

PM Tips & Ideas

How to Estimate Project Costs and Prevent Overspending

What is project cost management? It is a suit of activities for estimating, allocating, and controlling costs within the project. Project cost management allows determining and approving budget for the project and controlling spending. For example, in construction project cost management it is vital to estimate cost of building materials, equipment, salary of workers. In IT project cost management it is critical to estimate cost of software development, salary of IT staff and developers. Effective project cost management allows each project to be specific and unique because that project entails costs and requires specific funding. However, no matter whether you lead a software development project (IT project cost management) or construction project (construction project cost management), you should consider project cost management as a process that consists of the three key steps.