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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. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. It’s used to help governments and corporations understand their future operational costs.

Budget 339
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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 355
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The Budgeting Process in Business & Project Management

ProjectManager.com

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. Budgeting is how those funds are spent. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget.

Budget 247
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IT Financial Management (ITFM) Best Practices

ProjectManager.com

IT financial management (ITFM) covers the costs of keeping our network, servers and devices running. IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. Then we’ll list the professionals who are tasked with IT financial management and their key objectives.

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Project Management Apprenticeships: A UK Guide

Rebel’s Guide to PM

I have mentored project managers for years, and recently, more of my mentees have been going through project management apprenticeships. Maybe an apprenticeship in project management would be the right career move for you? Maybe an apprenticeship in project management would be the right career move for you?

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How to take over an existing project [Free checklist]

Rebel’s Guide to PM

The previous project manager might have moved on to do something else and you’ve got the project as part of an internal reshuffle of resources. If this is all new to you, check out PMI Kickoff , a free overview of all things project management that will help get you started. Action if not clear: Talk to your sponsor or line manager.

PMO 296
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

That creates a dilemma: how to spend their budget. Can project management software facilitate this work? A capital improvement plan (CIP) is used by organizations to make smart budgeting decisions on which large projects or purchases to pursue. However, the capital improvement plan is aligned with the annual budget.

Planning 322