Remove dashboard
Remove Budget Remove Defining Remove Governance Remove Risk Remove Software
article thumbnail

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. Capital planning is the process of budgeting for resources that will be used in the future to fulfill long-term plans.

Budget 345
article thumbnail

What Does Project Governance Really Mean?

ProjectManager.com

Projects like anything that involves a lot of people working together need governance. The government runs a nation and project governance in the same fashion runs the project. What Is Project Governance? You can look at project governance as a framework to help oversee the right course for the project. Structure.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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?

Budget 251
article thumbnail

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.

PMO 347
article thumbnail

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. On the other hand, if an organization has underdeveloped management, the more likely that its projects will have trouble meeting deadlines and staying on budget.

article thumbnail

The Risk Management Process in Project Management

ProjectManager.com

Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. In this article, we’ll discuss strategies that let you get a glimpse at potential risks, so you can identify and track risks on your project. What is Risk Management on Projects?

article thumbnail

Strategic Project Management: Planning Strategic Projects

ProjectManager.com

Project management software can help to manage your projects to meet their goals and the larger ones of the company. ProjectManager is award-winning project management software with powerful project portfolio roadmaps that collect all your projects and display them on a Gantt chart. Let’s take a moment to define these positions.

Planning 397