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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. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. What Is Capital Planning? What Is Capital Budgeting?

Budget 345
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7 Factors of Good Governance

Rebel’s Guide to PM

Projects ideally sit within a governance framework that is bigger than the project team. It’s actually easier to work in an environment where there is governance in place because it gives you boundaries. But what does governance on projects actually look like? Here are 7 factors that make up good governance.

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The Budgeting Process in Business & Project Management

ProjectManager.com

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. What Is a Budget? It plans your spending over a specific timeframe.

Budget 253
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Project Budgeting: An Interview with Sol Benady

Rebel’s Guide to PM

In 2015 he moved into banking and spent time working on, amongst other things, Brexit plans for the bank. I talked to him in the Project Management Club on Clubhouse about project financial management and handling budgets. 5 Tips for Managing a Project Budget. So we asked Sol his top tips for budgeting: 1. Sol Benady.

Budget 367
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How to Make a Construction Phase Plan (Templates Included)

ProjectManager.com

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan? Learn more.

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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. That creates a dilemma: how to spend their budget. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan?

Planning 333
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Understanding the Organizational Governance System as Project Managers

Project Pulse Journal

Is it challenging to navigate the complex landscape of project governance frameworks? In this article, we will dive deep into organizational and project governance and systems in project management. At the heart of this lies the robust framework of Organizational Governance Systems.