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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. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. They’re initiated to help a company grow. What Is Capital Budgeting? What Is Capital Planning?

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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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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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

They’re responsible for making sure that the related projects are completed on time and within budget. They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. The responsibilities of a PMO director are varied.

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. This was originally used for nonprofit organizations but later expanded to for-profit businesses and government agencies. Who Invented the Balanced Scorecard? You can see KPIs, such as time, cost and more.

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How to Build and Implement a Project Strategy

ProjectManager.com

The importance of a project strategy is simple: it helps deliver projects on time, within budget and aligned with larger strategic goals. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals. That’s the project scope.

Budget 374
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Project Intake Process: Prioritizing Project Requests & Proposals

ProjectManager.com

The process usually begins when a project initiator completes a project intake request form. ProjectManager is award-winning project management software that estimates project costs and creates budgets to show the viability of the request. ProjectManager’s Gantt charts help you estimate costs and create budgets.

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