Remove Budget Remove Closing Remove Defining Remove Risk Management
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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 340
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8 Free Risk Management Templates for Excel

ProjectManager.com

If there’s one thing you can be certain of when managing a project, it’s change. Although it’s impossible to predict the future, with these free risk management templates, you can better prepare for the unexpected and be more apt to keep your project on track. However, templates can only do so much.

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How to Manage Project Environment from Initiation to Close

ProjectManager.com

Managing a project is difficult. You have a deadlines to meet and budgets to keep. You need to be aware of the project environment and prepare for its influence on your project throughout the project management life cycle. A project environment is all the internal and external forces that exert on your project management.

Closing 323
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Project Budget Template for Excel

ProjectManager.com

A project budget contains the financial details of your project, including the estimates of all the money you need to layout to lead a successful project, from resources to materials. Monitor project expenses with this Excel budget template. The budget is the life’s blood of your project, so you need to monitor it accurately.

Budget 414
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Measuring the Project Management Maturity of Your Organization

ProjectManager.com

When you’re a PMP, program manager or portfolio manager, you need to deliver all those multiple projects on time and within budget. This requires an organization with a well-developed project management process. This is done by using a project management maturity model. What Is Project Management Maturity?

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What Is a Project Owner? Roles & Responsibilities

ProjectManager.com

For a project to function properly and be delivered on time and within its budget, all the roles and responsibilities of everyone involved must be clearly defined and communicated. Everyone has their part to play in the process, which is orchestrated by the project manager acting on behalf of the project owner.

Closing 391
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What Is a Project Sponsor? Defining This PM Role

ProjectManager.com

While they don’t manage the day-to-day operations of a project, they are above the project manager in terms of project hierarchy. According to the Project Management Body of Knowledge (PMBOK), the project sponsor is “a person or group who provides resources and support for the project, program or portfolio for enabling success.”.

Defining 296