Value stream management involves people in the organization to examine workflows and other processes to ensure they are deriving the maximum value from their efforts while eliminating waste — of ...

A few years back, a colleague shared an interesting exercise with me. He took a deck of cards, split it in half, turned one half face up, then mixed all the cards up on a table and asked me how many ...

One of the first tasks when managing a project is the cost estimate. A cost estimate must be accurate, transparent and reliable. These factors are particularly important for a small business because ...

Okay, so I’m just going to go ahead and say it: It is impossible to accurately estimate a software project of any significance. Now, a non-trivial number of you are going to read that sentence and ...

The aim of effective project management is to bring the project to completion on time and on schedule. Estimating project duration is a key function of scheduling. Individual activities make up the ...

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Project work estimation has three components: the initial first cut, commonly known as a SWAG (scientific wild-ass guess), tracking the estimate against the actual numbers, and using the schedule to ...

Today’s construction companies rely on digital solutions more than ever to manage projects across their entire project lifecycle. From bidding on opportunities to creating estimates, developing ...

There are dozens of estimating software programs available for the construction industry. This makes sense because increasing volume of estimating is a key step in growing a construction business. And ...