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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?

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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. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. Balanced Scorecard Example Let’s look at a real-life example.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Then we’ll get into some examples to fully illustrate their meaning. 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. Here are some of the more common examples.

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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

From examples of project activities in a business versus operational activities to strategies for balancing projects and operations simultaneously — this article will help you understand the differences and consider the similarities. However, the two sides of any organization can live in harmony.

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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. ProjectManager is a cloud-based work and project management software that has real-time dashboards that monitor six project metrics. Stakeholder Examples. Learn More!

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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

It’s not easy for construction companies to make accurate budget forecasts. But creating a detailed budget is key to successful construction project management. To create a realistic budget, you need to know the difference between these two costs. When it comes to budgeting, hard costs are easier to estimate. Learn More!

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What is a Statement of Work? Definition & Examples

ProjectManager.com

Using effective project planning tools and a thorough and well-written statement of work (SOW) will set you up to successfully lead a project over the finish line on schedule and within budget. When building your schedule, it helps to use project management software. Statement of Work Examples. Scope of Work.