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

ProjectManager.com

Information technology (IT) runs most businesses. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget?

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The Importance of Operational Project Management for Businesses

ProjectManager.com

To better understand operational project management requires defining what an operational project is, how it differs from strategic projects and what operational project management is. Operational project management deals with the planning, organizing, monitoring and controlling of resources to achieve project objectives.

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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. 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.

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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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10 Strategies for Successful Project Execution

ProjectManager.com

Let’s review strategies and tools you can use, and learn how they can help you close that gap to promote successful project execution. We’ll hear from experts and review key takeaways that project leaders can immediately put into practice in their programs and projects. And you’re not alone in this challenge. Following processes.

Executing 500
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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. Remember, a project is defined as time-bound that delivers a product or service. Let’s take a moment to review them. Let’s take a closer look at each of these phases.