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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. There’s a lot of planning, managing and tracking involved. But what exactly is financial project management?

Finance 334
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RFI in Construction: A Quick Guide for Contractors

ProjectManager.com

An army of subcontractors each with their own specific discipline complete construction projects. We’ll also note the difference between an RFI in construction and other construction project management documents before going into the construction RFI process, the different types of RFIs and more. What Is an RFI in Construction?

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized. The use of capital budgeting offers an objective view that helps managers figure out how to invest capital in order to increase business value but also helps the overall health of the company. Capital is money.

Budget 345
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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

Construction project management has five phases, the same as any project. Then we’ll explain the difference between the construction phases and the project life cycle. To help you manage your construction projects better, we’ll even add a few free templates. Construction projects are carefully planned.

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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? Get started with ProjectManager today for free.

Budget 344
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Business Project Management Basics

ProjectManager.com

Businesses aren’t projects but they share many commonalities. While businesses run projects, they also have strategies and objectives that must be met. All of these things and more make them a perfect candidate for business project management. Let’s first explore the definition of business project management.

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What Is the Project Life Cycle?

ProjectManager.com

There are many different types of projects, but interestingly, they all have one thing in common. They all go through the same cycle, known as the project life cycle, or project management life cycle. What Is the Project Life Cycle? Each of these phases is necessary for the effective delivery of the project.