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How to Fund a Software Development Project

ProjectManager.com

A critical success factor for a software development project is how it is funded. This will drive many aspects of the team’s behavior throughout the project. But greater flexibility generally requires a more skillful approach to governance and project management.

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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. 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 a Capital Project? What Is a Capital Project?

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Resource Requirements in Project Management: A Quick Guide

ProjectManager.com

When a project is planned, a set of steps are outlined to deliver a product or service. Think of resource requirements as the fuel that drives all project activities. Once one understands what resource requirements are in project management, next there is estimating what those resources will be and managing them.

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Project Financial Management: Managing Project Financials

ProjectManager.com

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. But what exactly is financial project management? What Is Project Financial Management? Naturally, project management software facilitates these benefits.

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

ProjectManager.com

First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. Some of the items that are included in an IT budget are hardware, software, personnel, outsourcing, disaster recovery and any occupancy costs associated with the support of the IT in the organization. What Is an IT Budget?

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What Is a Business Budget? Business Budgeting Basics

ProjectManager.com

This blog also explains the importance of business budgeting and details how to create a business budget. Finally, we’ll show you how to manage a business budget to keep your business viable. A business budget will also help you understand how much money you need for the future in terms of sales, profit and your cash position.

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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. Program management software is essential to proper program governance. What Is Program Governance?