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Tag Archives: resource

How to Handle Fixed Price Contracts in Your Project Schedule

A fixed-price contract means someone has agreed to deliver a chunk of work for a fixed amount of money. That’s a sweet deal, both financially and project-management-wise. If the contractor’s cost surpasses the agreed-upon price, the contractor eats the overage. In addition, you don’t have to assign resources to the task that represents the contract…

Do’s and Don’ts: Use a Simple Program Simulation for Initial Assessment

A “Master” project is great for modeling a program but takes time to create and refine. (If you do not know about this capability see my other article, “Do’s and Don’ts: Creating Subprojects”) If you are pressed for time and just want a high level initial assessment of resources, work and cost across all the projects, consider a…

Microsoft Project Tutorial – Part 2

Microsoft Project Essentials Tutorial:  How To Use Microsoft Project Guide Section 2: Commonly Used Practices: Applicable to versions of Microsoft Project 2007 and 2003 Specific Tool Training: Applicable to version Microsoft Project 2007 Target Audience: New Project Managers or People New To Microsoft Project Software In this section of the Microsoft Project Essentials Tutorial, we…

Your Project Management Coach: Managing a Portfolio of Projects

Managing a Portfolio of Projects Many financial investors maintain a balanced investment portfolio a collection of different financial assets such as stocks, bonds, and cash. The assets in a portfolio work in their unique ways to help investors meet their ultimate goals, whether it’s finally shipping the kids off to a prestigious college, building a…

Group Resources for Effective Reports!

Here’s a hot tip that I find useful on every project that utilizes resources. The Entry table in the Resource Sheet View contains a field that can give a new perspective on resources when used along with grouping. It’s the Resource Sheet’s Group field. In just four steps, the Resource Sheet view becomes a powerhouse…

Ask the Experts: Over-allocation with 2.5 Hours of Work?

JP-PM asks: I was wondering why Microsoft Project creates a conflict right off the bat in this example: Task 1: 2 hrs work assigned to Jack and Jane Task 2: 0.5 hrs work assigned to Jack It creates both tasks starting at 8:00 AM today (10/31/11) and right away Jack is overallocated. My question is,…

Quick Access Toolbar for Easy Navigation in Microsoft Project

I recently delivered a webcast to MPUG members in which I referenced my Quick Access Toolbar sample. I find it extremely helpful for better navigation and resource management with Microsoft Project 2010. My Quick Access Toolbar will allow you to start your own standard toolbar, which you can share with your entire organization. Just send…

Ask the Experts: The Case of the Calendar Changes

Wayne from Santa Fe, NM asks: I created a project containing 400 tasks. After entering the tasks I realized that my calendar wasn’t correct and made some changes. I also changed the Calendar options. The changes affected the task durations as well as the assignments and didn’t result in what I was hoping for. What…

When Are You Working? Updating a Resource Calendar

An organization usually starts “small” and works its way through the more complex functions of Microsoft Project Professional and Project Server. Creating a resource and a Resource Pool are important first steps in using resource management. Creating a standard calendar is another important step to having consistent working times. A third step is to customize…

The Art and Science of Estimating Task Lengths

Project management is both an art and a science. Estimating task durations and work draw on the project manager skills and experience. Estimates take into consideration factors such as resource skill, history, and experience. In this lesson, we’ll look at estimating duration and work. Estimating is the ability to make an educated guess as to…

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