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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. We’ll end with a few examples of capital projects to make the concept more understandable. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. What Is Capital Budgeting?

Budget 356
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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. A balanced scorecard is a strategic management performance metric. Balanced Scorecard Example Let’s look at a real-life example. What Is a Balanced Scorecard?

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. Then we’ll get into some examples to fully illustrate their meaning. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations. Some of these are called organizational process assets.

Process 376
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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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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

When it comes to managing them effectively, understanding the differences between projects and operations is key. Ops managers want (and seek) stability so they can manage process performance. The status quo is good but project managers keep changing things! In my experience, that creates tension.

Retail 407
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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

Sol Benady is a management consultant, Fintech entrepreneur, and program manager working in the banking sector. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. From Accounting to Program Management. 5 Tips for Managing a Project Budget.

Budget 361
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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. Stakeholder Examples. But what is a stakeholder?