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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 346
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Runn Software Review

Rebel’s Guide to PM

Summary review of Runn: If you find managing resources a headache because you never know who is free when, then check out what Runn can do. It’s aimed at organizations that need to closely manage resources, and it’s feature-rich in that space. Hosting model: Cloud only. Languages: The interface is available in English only.

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What Does a Building Inspection Cover? (Checklist Included)

ProjectManager.com

A building inspection is a review of the work done on a construction project by a building inspector, who is employed by the city, township or county in which the project is located. The building inspector will review the job site to ensure it complies with safety regulations and building codes. We explain everything you need to know.

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Everything You Need to Know About Release Managers

Rebel’s Guide to PM

The role of a release manager is crucial in ensuring that software projects are completed on time and within budget. The release manager at my last job worked closely with the development team to review what code changes would be coming. You have to be technically-minded, with good technical skills.

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The Importance of Operational Project Management for Businesses

ProjectManager.com

However, because they’re concerned with streamlining department workflows, implementing new technology or processes or even updating the company’s offerings, customers will eventually see the benefits of these improvements. However, these two roles are closely related and work together from different perspectives.

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Technical Debt: What Is It & How Do I Avoid It?

ProjectManager.com

This is often due to the various forces at play that impact decision-making, like those related to the project budget, schedule or resources. There’s a term to explain this idea: technical debt. What Is Technical Debt? Just like a monetary debt, if a technical debt is not paid back, then it can accumulate interest.

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How to handover a project on closure

Rebel’s Guide to PM

Now it’s time to handover the work because the project is closing. If you’ve ever ended up on a project where the work never seems to end… and the changes keep coming in… and even though it is technically closed people still come to you for help… then this is for you! Budget Share the project budget position.