Project Estimation techniques
Posted by SkillMaker in Feb, 2017
What are Project Estimation techniques? Accurately estimating the cost, time and resources needed on a project can be one of the Project Manager’s most the difficult tasks. This is because nearly all projects contain some degree of uncertainty — some more than others. Planning for these uncertainties, and estimating them, represents varying degrees of risk. […]
Category: BSBPMG512
Post Tagged with Project Baseline Variance
Posted by SkillMaker in Jan, 2017
What is Project Baseline Variance? A project baseline is a collection of base data or values for a project. Typically, this will include the planned budget, the original start and finish dates for a project and the expected effort (e.g. number of hours). For analysis of baseline variances to be meaningful, baseline values need […]
Category: BSBPMG512
Project schedule
Posted by SkillMaker in Jan, 2017
What is a Project schedule? A project schedule details the breakdown of a project’s activities and deliverables (and milestones) in terms of the time they will take. Preparing a schedule means knowing, firstly, what the work elements are (derived from the Statement of Scope and the Work Breakdown Structure). Then, for each activity, time […]
Category: BSBPMG512
Project Progress Reports
Posted by SkillMaker in Jan, 2017
What is a Project Progress Report? Project progress (or status) reports are just that: reports that detail progress that has been made on a project. They typically outline what work has been finished, what milestones have been met (or not), what difficulties have been met (including new risks), and what costs and man hour […]
Category: BSBPMG512
Project time management
Posted by SkillMaker in Jan, 2017
What is Project time management? Managing time is a core project management activity. It involves a series of steps, and the use of a number of tools and procedures, all geared to ensuring that a project meets set times for completion. Timing goals are set during a project’s planning phase and monitored continually […]
Category: BSBPMG512
Project deliverables
Posted by SkillMaker in Jan, 2017
What are Project deliverables? Project deliverables are the tangible or intellectual outputs produced during the course of a project for the client (or other project stakeholders). In the case of a civil engineering project, it might be a completed road or a technical specification; in the case of an information technology project, it might be […]
Category: BSBPMG512
Project Time Management issues
Posted by SkillMaker in Jan, 2017
What are Project Time management issues? Time management is an essential skill for a Project Manager. Without it, project performance is likely to be poor: missed targets, cost overruns, and ineffective use of resources. Some issues likely to impact on effective time management include those discussed below. Not having a carefully prepared project […]
Category: BSBPMG512
Project Time Management activities
Posted by SkillMaker in Jan, 2017
What are Time management activities for Project Management ? Time management is crucial in order to achieve project objectives within tight time constraints. Time management requires plans, schedules, adherence to processes and monitoring systems. It is also important that every team members uses their time as efficiently as possible. During the planning phase of a […]
Category: BSBPMG512
Project Management Performance records
Posted by SkillMaker in Jan, 2017
What is Project Management Performance records? A Project Manager keeps performance records to help in monitoring and controlling performance on a project and to ensure that its stays on track. These records may be paper-based or, more usually, digital. Performance records typically include documentation on project baselines (see ‘Project baselines’ topic) as well as progress […]
Category: BSBPMG512
Project objectives
Posted by SkillMaker in Dec, 2016
Project objectives Project objectives are brief statements of what a project is to achieve. They give a project a purpose and clear focus and help to set project boundaries (needed as part of defining the scope of work). Project objectives may be expressed in terms of time, cost, quality or function. Project objectives should […]
Category: BSBPMG512