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Project — Working With Costs

ConceptDraw PROJECT delivers a rich set of built-in functionalities and optional product extensions that support your daily workflow in time-saving and creative ways. This video lesson will teach you how to work with costs in your project document.
"A Guide to the Project Management Body of Knowledge - Fifth Edition provides guidelines for managing individual projects and defines project management related concepts. It also describes the project management life cycle and its related processes, as well as the project life cycle.
The Guide recognizes 47 processes that fall into five basic process groups and ten knowledge areas that are typical of almost all projects.
The five process groups are:
Initiating,
Planning,
Executing,
Monitoring and Controlling,
Closing.
The ten knowledge areas are:
Project Integration Management,
Project Scope Management,
Project Time Management,
Project Cost Management,
Project Quality Management,
Project Human Resource Management,
Project Communications Management,
Project Risk Management,
Project Procurement Management,
Project Stakeholders Management (added in 5th edition).
Each of the ten knowledge areas contains the processes that need to be accomplished within its discipline in order to achieve an effective project management program. Each of these processes also falls into one of the five basic process groups, creating a matrix structure such that every process can be related to one knowledge area and one process group." [A Guide to the Project Management Body of Knowledge. Wikipedia]
The flow chart example "Project management life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Flowcharts solution from the area "What is a Diagram" of ConceptDraw Solution Park.
Flowchart - Project management life cycle
Flowchart - Project management life cycle, process,
Used Solutions

Pyramid Diagram

The Project Management Triangle Diagram depicts three main constraints of any project: scope, time and cost. Projects have to comply with the specified scope, projects should be finished in time and projects need to consume the budget. Each of the constraints represents one side of the triangle, and any change in budget or timing or scope affects the entire diagram.

Project — Assigning Resources

Users new to ConceptDraw PROJECT will find the Basic lessons an essential platform for familiarizing themselves with the program′s functions. Learn how to assign resources to tasks in ConceptDraw PROJECT with this comprehensive video lesson.
Lessons for Assigning Resources using project management software ConceptDraw PROJECT
Lessons for Assigning Resources using project management software ConceptDraw PROJECT
The vector stencils library "Project management" contains 30 project management icons.
Use it to design your business and finance illustrations and infographics with ConceptDraw PRO diagramming and vector drawing software.
The vector stencils library "Project management" is included in the Business and Finance solution from the Illustration area of ConceptDraw Solution Park.
Start project
Start project, start project,
Project plan
Project plan, project plan,
Project scheme
Project scheme, project scheme,
To do list
To do list, to do list,
Checklist
Checklist, checklist,
Project strategy
Project strategy, project strategy,
Timetable
Timetable, timetable,
Project time
Project time, project time,
Project fulfillment
Project fulfillment, project fulfillment,
Project Gantt chart
Project Gantt chart, project gantt chart,
Project completed
Project completed, project completed,
Project report
Project report, project report,
Project management
Project management, project management,
Project descriptions
Project descriptions, project descriptions,
Communications
Communications, communications,
Project team
Project team, project team,
Project director
Project director, project director,
Project manager
Project manager, project manager,
Assignment of works
Assignment of works, assignment of works,
Project analyst
Project analyst, project analyst,
Project benefits
Project benefits, project benefits,
Failure to draw on the funds
Failure to draw on the funds, failure to draw on the funds,
Cost overrun
Cost overrun, cost overrun,
Cost
Cost, cost,
Project expenses
Project expenses, project expenses,
Portfolio
Portfolio, portfolio,
Ticket
Ticket, ticket,
Project task
Project task, project task,
Financial resources
Financial resources, financial resources,
Material resources
Material resources, material resources,
HelpDesk

How to Set a Project Baseline Using ConceptDraw PROJECT

Project baseline in ConceptDraw PROJECT is excellent forguiding the execution of the current project and can be useful for further projects.
HelpDesk

How to Track Your Project Plan vs. the Actual Project Condition

Conceptdraw PROJECT allows to follow how the project is going. You can easily compare the actual project data with the planned ones. The best tool for effective tracking of the project execution is to compoare real data with project baseline. It consists from the baseline start, baseline finish and baseline cost. Along with Baseline tracking ConceptDraw PROJECT offers several types of visual reports that can help to assess visually the difference between planned and actual project data.
"The Project Management Triangle (called also Triple Constraint or the Iron Triangle) is a model of the constraints of project management. It is a graphic aid where the three attributes show on the corners of the triangle to show opposition. It is useful to help with intentionally choosing project biases, or analyzing the goals of a project. It is used to illustrate that project management success is measured by the project team's ability to manage the project, so that the expected results are produced while managing time and cost." [Project management triangle. Wikipedia]
The pyramid chart example "Project management triangle diagram" was redesigned using the ConceptDraw PRO diagramming and vector drawing software from Wikimedia Commons file Project-triangle-en.svg. [commons.wikimedia.org/ wiki/ File:Project-triangle-en.svg]
The project management triangle chart example is included in the Pyramid Diagrams solution from the Marketing area of ConceptDraw Solution Park.
Pyramid diagram
Pyramid diagram, triangle diagram, triangular diagram, triangle chart, triangular chart, triangle scheme, triangular scheme,
HelpDesk

How to Determine what Information to be Displayed in the Project Resource List

After you create a project task list it is necessary move to resource planning. You need to determine and assign resources on each task. There are several types of resources defined in ConceptDraw PROJECT: work, material, cost and equipment. The columns of a project Resource List in ConceptDraw PROJECT displays the information you need to capture about each resource in your project.
Getting Started with ConceptDraw PROJECT
Getting Started with ConceptDraw PROJECT
HelpDesk

What Information can be Displayed in the Multiproject Dashboard View

What information can can contain the projects list
Getting Started with ConceptDraw PROJECT
Getting Started with ConceptDraw PROJECT

Project management - Design Elements

These vector illustrations and cliparts are created for drawing the Project management Illustrations and contain plenty of project management design elements. The clipart library Project management includes 35 icons.

Project Management, Planning, create document, productivity tool, project,  project statuses, tasks, project resources, project reports, solution park PM Planning

Project Management, Planning, create document, productivity tool, project,  project statuses, tasks, project resources, project reports, solution park
This solution extends ConceptDraw MINDMAP and ConceptDraw Project software, allowing you to automatically create documents that reflect a project's status, for people who have different project roles.
"A project manager is the person responsible for accomplishing the stated project objectives. Key project management responsibilities include creating clear and attainable project objectives, building the project requirements, and managing the constraints of the project management triangle, which are cost, time, scope, and quality.
A project manager is often a client representative and has to determine and implement the exact needs of the client, based on knowledge of the firm they are representing. A project manager is the bridging gap between the production team and client. So he/ she must have a fair knowledge of the industry they are in so that they are capable of understanding and discussing the problems with either party. The ability to adapt to the various internal procedures of the contracting party, and to form close links with the nominated representatives, is essential in ensuring that the key issues of cost, time, quality and above all, client satisfaction, can be realized.
The term and title 'project manager' has come to be used generically to describe anyone given responsibility to complete a project. However, it is more properly used to describe a person with full responsibility and the same level of authority required to complete a project. If a person does not have high levels of both responsibility and authority then they are better described as a project administrator, coordinator, facilitator or expeditor." [Project manager. Wikipedia]
The UML use case diagram example "Project administrator" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Rapid UML solution from the Software Development area of ConceptDraw Solution Park.
UML use case diagram
UML use case diagram, use case, actor,
HelpDesk

What Information to be Displayed in the ConceptDraw PROJECT Gantt Chart View

What information can can contain the project task list? Gantt Chart view is a graphical representation of a project outline that allows one to allocate tasks.You can customize a project’s tasks list view to include the columns you need to meet your information requirements. The columns of the ConceptDraw PROJECT Gantt view contain the information you want to capture about each task in your project. The following article details what information can be contained in the columns of a project outline:<
Getting Started with ConceptDraw PROJECT
Getting Started with ConceptDraw PROJECT

Product Overview

ConceptDraw PROJECT is a vigorous tool for managing single or multiple projects. It lets you determine all essential elements involved into project, control schedules, resources and finances, and monitor projects' progress in most effective yet simple manner.