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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.

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget.

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How to handover a project on closure

Rebel’s Guide to PM

Now it’s time to handover the work because the project is closing. If you’ve ever ended up on a project where the work never seems to end… and the changes keep coming in… and even though it is technically closed people still come to you for help… then this is for you! But what do you have to do?

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The Importance of Operational Project Management for Businesses

ProjectManager.com

However, because they’re concerned with streamlining department workflows, implementing new technology or processes or even updating the company’s offerings, customers will eventually see the benefits of these improvements. However, these two roles are closely related and work together from different perspectives.

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A "How to" on Project Closing: Ensuring Project Success

Project Pulse Journal

Many projects risk failure during the closure phase due to overlooked details, miscommunication, teams disbanding too early, or simply the rush to finish. Remember that the closure phase is critical to a project's lifecycle , like initiation or execution. It's an understandable and common concern.

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Business Project Management Basics

ProjectManager.com

For example, a project could be an event, the launch of a website or any endeavor that must be completed and delivered on time and within budget. Their responsibilities are the same in that they plan, review plans, schedule tasks and monitor and control projects to ensure that they’re delivered on time without overspending.

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10 Strategies for Successful Project Execution

ProjectManager.com

Is your organization failing to close the gaps between strategy and project execution? you can use to help you close those gaps, yet it isn’t easy. Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. Closing the Execution Gap.

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