article thumbnail

Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. Because a capital project must be carefully managed, governments and corporations alike will use project management software to control the use of its resources and manage time. What Is Capital Budgeting?

Budget 346
article thumbnail

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget? An IT budget consists of all the IT spending for an organization over one year.

Budget 345
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Software Project Management: Why It’s Different

ProjectManager.com

Every project is different, of course, but the differences when managing software development projects are especially so, due to its distinct life-cycle processes. What Is Software Project Management? Software project management is the planning, managing and tracking of software development projects. Learn more.

article thumbnail

Public Infrastructure: Project Management as a Key Success Factor

Inloox

Even though this project not quite reaches the epic financial miscalculation of Berlin’s BER airport, it again shows the difficulties realizing public infrastructure projects within their tightly constraint project plan. During the extensive approval processes alone, inflation can already pose a threat to budget planning.

article thumbnail

The Importance of Operational Project Management for Businesses

ProjectManager.com

No matter what the type of project is, project management software helps deliver it more efficiently. ProjectManager is award-winning project and portfolio management software that has multiple project views to implement operational projects across all departments. Both seek greater efficiency and improved performance.

article thumbnail

Setting up IT infrastructure for a Small Business

Binfire

The IT infrastructure of a company plays a crucial role. They include hardware, software, and network resources. Considerations for building a strong IT environment Every aspect of your business infrastructure is important. Before you set up an IT infrastructure, consider the essentials and priorities required.

article thumbnail

Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

Resource requirements in project management allow project managers to know what they’ll need to execute their tasks and deliver the project on time and within their budget. This can be done more effectively with project management software. This will also inform your budget. This can be tools or software and heavy machinery.