ProjectEngineer.NET is aims to build better project managers each day. That's why we're launching this video series to teach current and future PMP students about the ten knowledge areas of the Project Management Body of Knowledge (PMBOK). … [Read more...]
Guide to Project Resource Management
Project resource management is at the heart of a project manager’s role, consuming much of their daily focus. Resources like people, materials, tools, expertise, facilities, and infrastructure are the building blocks of any project. In an ideal world, these resources would be readily available, perform flawlessly, and stay within budget. However, reality presents … [Read more...]
PMI Project Knowledge Areas, Video 1: Project Integration
Project Integration is the “mother” to all other project knowledge areas and brings the knowledge and processes together where there is overlap, synergies and flow between other knowledge areas. It has the most processes of any knowledge area at 7 and spans the entire set of process groups. Looking at the Integration knowledge area in more depth, it can be broken down … [Read more...]
How to Produce a Detailed Estimate
Accurate project estimating is critical in project management, as stakeholders require clear insight into costs for temporary endeavors with defined timelines. Detailed estimates, initiated before a project begins and refined throughout its life cycle, ensure informed decision-making and effective budget planning. Where Does the Detailed Estimated Fit? The Detailed … [Read more...]
The Rough Order of Magnitude Estimate
Accurate project estimating is a cornerstone of effective project management, as stakeholders demand clarity on costs within fixed budgets. The Rough Order of Magnitude (ROM) estimate is the initial cost projection in a project’s life cycle, used to screen potential projects or secure funding approval. Regularly refined at key milestones, the ROM estimate sets the … [Read more...]
What is a Rough Cost Estimate?
When embarking on a new project, one of the first questions stakeholders ask is, 'How much will it cost?' A rough cost estimate provides an early, high-level answer, offering a ballpark figure to guide initial planning and decision-making. Unlike detailed estimates, it prioritizes speed and simplicity, using limited data to forecast costs with broad accuracy. In this … [Read more...]
11 Types of Estimates
Every project, no matter its scope, hinges on a critical first step: the estimate. As projects are inherently temporary, securing budget approval requires a clear understanding of costs. This is where estimates come in, guiding stakeholders to make informed decisions. But estimates vary widely, shaped by their purpose and approach. There are about 11 types of … [Read more...]
4 Types of Project Offices
Effective project management is crucial for organizational success, but without dedicated oversight, these practices often fade into obscurity and often become just another fad. Enter the project office—a vital structure designed to sustain and enhance project management excellence. Project offices vary widely in their roles and authority, each tailored to meet specific … [Read more...]
Guide to Project Document Control
In project management, document control is the backbone of ensuring that critical project documents—technical specifications, plans, and more—are accurate, up-to-date, and ready for use. From small initiatives to large-scale endeavors, effective document control keeps projects on track by meticulously managing the creation, review, modification, certification, issuance, … [Read more...]
10 Roles and Responsibilities of a PMO
The Project Management Office (PMO) is a cornerstone of organizational success, yet its roles can seem elusive due to their broad and evolving nature. In recent years, PMO's have matured, with more defined and standardized responsibilities that drive project excellence. Whether you're launching a new PMO or refining an existing one, understanding its potential functions … [Read more...]