Epicflow

JULY 5, 2022

Estimation of project cost is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. At the same time, the forecasted cost should not be too overestimated or underestimated. What helps make cost estimation simple and efficient?

Resources 52

Resources Efficiency Software Financial 52

Epicflow

MARCH 22, 2023

However, some of the cost-saving measures they take can appear to be ineffective in the long-term perspective. How can companies save costs and at the same become more profitable and competitive during the crisis? How can companies save costs and at the same become more profitable and competitive during the crisis?

Resources 90

Resources Management Efficiency Operations 90

Epicflow

OCTOBER 1, 2022

No project is immune to factors that may result in cost overrun – from a mistake made by a team member that will extend a project’s timeline to force-majeure events like pandemic or war. . However, most of the causes for cost overrun can be explained by poor project and resource management.

Methodologies 52

Methodologies Resources How To Efficiency 52

Epicflow

MAY 4, 2023

If we needed to choose one word that best describes R&D projects, it would be “uncertainty” – they have so many changing elements and their outcomes are often hard to predict. Nevertheless, this doesn’t mean that these projects cannot be successfully managed.

Research 52

Research Development Management Resources 52

Epicflow

DECEMBER 1, 2022

Project management involves creating lots of documentation. If you look into project management standards, you will find at least a dozen of various plans, multiple types of reports, and numerous other documents. A Business Case: Presenting the Idea of a Project . If a business case is approved, a company can start a project. .

Management 52

Management Report Resources Efficiency 52