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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

When governments or corporations make large investments, they don’t do so without serious planning. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. What Is Capital Planning? What Is Capital Budgeting?

Budget 345
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7 Factors of Good Governance

Rebel’s Guide to PM

Projects ideally sit within a governance framework that is bigger than the project team. It’s actually easier to work in an environment where there is governance in place because it gives you boundaries. But what does governance on projects actually look like? Here are 7 factors that make up good governance.

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What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? You can look at project governance as a framework to help oversee the right course for the project. Structure.

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Strategic Project Management: Planning Strategic Projects

ProjectManager.com

This can be either by adding efficiency to the company’s operations or aligning with its strategic plan. It views a project through the lens of how it connects to the overall strategic plan of the company. A strategic project is connected to a company’s larger strategic plan. Not necessarily.

Planning 397
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The Budgeting Process in Business & Project Management

ProjectManager.com

Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget. What Is a Budget? It plans your spending over a specific timeframe.

Budget 251
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How to Make a Construction Phase Plan (Templates Included)

ProjectManager.com

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan? Learn more.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan?

Planning 328