Stuart Ockman is president of Ockman & Borden Associates, project management consultants based in the Philadelphia area. He started his career at Bechtel working on power projects but now specializes ...

Defined as “the application of knowledge, skills, tools and techniques to project activities to meet the project requirements,” project management has “always been practiced informally,” according to ...

See how the critical path method (CPM) can be used for project management in our detailed guide. We’ll walk you through how to calculate it and share real-world examples for applying CPM to different ...

Construction projects require meticulous planning as they involve numerous tasks and resources that need to be coordinated effectively to ensure timely completion. However, according to a new study, ...

We have seen on all our news feeds how inflation is at a 40-year high. It was the early 1980s when the U.S. experienced inflation at the rates we have now, peaking in April 1980 at 14.86%. Did ...

Project networks give you a visual map of the relationship between different tasks in your latest project. To create a network diagram, draw a node -- or sketch it using computer project-managing ...

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Project controls monitor and adjust the cost, schedule and scope of a project to ensure that it is completed within budget, on time and as planned. Quality controls check to make sure that the result ...

Project management involves coordinating resources, managing timelines, and ensuring objectives are met efficiently. When effectively implemented, structured project management can benefit your team ...