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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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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Besides the examples above, an operational process asset can be any practice or knowledge from anything used to execute or govern the project, even lessons learned from previous projects and historical data. Organizational process assets may also include schedules, risk data and earned value data.

Process 361
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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

These people can be suppliers, customers, creditors, clients, intermediaries, competitors, society, government and more. Government: These stakeholders get taxes and gross domestic product from a project. For example, if there are environmental factors dictated by the government, then the government is a stakeholder.

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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?

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14 Common Project Risks (+ more)

Rebel’s Guide to PM

Risks matter. That’s the point of risk management: thinking about what might go wrong before it does, so you can put a plan together to deal with it if it does. However, at the beginning of your project when your risk log is empty, it can be a bit of a challenge to think of all the stuff that might need to go on there.

Risk 320
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SWOT analysis in project management: definition, instruction & example

Inloox

Assessment of threats It draws attention to potential external risks and threats that could negatively impact the project. This knowledge enables the project team to develop and implement risk management strategies to avoid potential obstacles or mitigate their impact. Instead, we need to exploit the findings and derive strategies.

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Risks in the project: an overview

Inloox

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context.

Risk 172