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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 339
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The Risk Management Process in Project Management

ProjectManager.com

It sounds negative, but pragmatic project managers know this type of thinking is preventative. Issues will inevitably come up, and you need a mitigation strategy in place to know how to manage risks on your project. Project dashboards help you identify risk before they turn into issues. How to Manage Risk.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Organizational process assets may also include schedules, risk data and earned value data.

Process 360
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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. A stakeholder is a person, like any other member of the project, and some will be easier to manage than others. They can easily be shared to manage your stakeholders expectations.

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. Project management software can help ensure that all general conditions in your commercial construction project are included in the project plan. These general conditions in construction are varied and costly.

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SWOT analysis in project management: definition, instruction & example

Inloox

SWOT analysis in the project management context Why should I conduct a SWOT analysis? The word SWOT is made up of the following four words: S trengths W eaknesses O pportunities T hreats The application of the SWOT analysis covers a variety of fields such as marketing, general management or the development of human resources and executives.

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Managing Project Assumptions & Risks

Velociteach

We make hundreds of assumptions and take small risks daily. Recovering from these risks may be inconvenient but not horribly impactful. Project assumptions and risks are not as casual. Project assumptions and risks are not as casual. Thoughtlessly making assumptions or ignoring risks can lead to critical problems.