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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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What Is a Technical Project Manager? (Job Description Included)

ProjectManager.com

There are many different project managers, but today we’re interested in focusing on just one, the technical project manager. Are you interested in becoming a technical project manager or are you in the market to hire one? What Is a Technical Project Manager? What Is a Technical Project Manager? Learn more.

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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?

Budget 338
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Why do projects fail? (Includes examples!)

Rebel’s Guide to PM

The ones that hit the papers are often public sector projects because their audits and budgets are more open to scrutiny. This was largely due to the unforeseen increase in the cost of steel. It also cost ten times more than the original budget, finally coming in at £430 million. Instead, tax payers have footed the bill.

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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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What is project scope? (Plus 7 steps to help you define project scope)

Resource Guru

As project managers, defining and planning projects is what we do. Simply put, a project scope defines all the work and considerations required to deliver a specific outcome. Every project has a budget. And it’s the project manager’s responsibility to make sure that budget is used wisely. Let us stop you right there.

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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. Get your free Operating Budget Template Use this free Operating Budget Template for Excel to manage your projects better.