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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 394
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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 390
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Project Risk Management: How-to guide (with tips)

Rebel’s Guide to PM

Risk management is a staple skill of project managers. As the project environments we work in get more and more complex, with greater levels of uncertainty and more transformative, disruptive projects, being able to deal with risk remains top of the list of desirable skills for managers in all areas of business.

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Risk Breakdown Structure for Projects: A Complete Guide to RBS

ProjectManager.com

Risks will arise and threaten the successful delivery of your project. Using a risk breakdown structure (RBS) is how you prepare for the unexpected. A risk breakdown structure is great for identifying and prioritizing risks so you know which will be more or less impactful. The Four Categories of Risk in a Project.

Risk 407
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11 Project management skills employers expect you to have

Rebel’s Guide to PM

The core competencies you need as a project manager today The project management skills you should be looking to develop are definitely ‘soft’ or interpersonal skills (also called power skills) in their widest form. Plus, there are technical skills we have to consider -- employers definitely look for those too.

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Everything You Need to Know About Release Managers

Rebel’s Guide to PM

My software projects needed releasing, so we had to follow the formal process and engage with the release manager to make sure that the bug fixes and new features got pushed to the production environment in a controlled way. The role of a release manager is crucial in ensuring that software projects are completed on time and within budget.

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Organizational Project Management (OPM) Basics

ProjectManager.com

Let’s start by digging deeper into the definition of organizational project management and the various components that make it up. However, this can only be achieved with powerful project management software with features that help project portfolio management.

PMO 382