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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. When speaking of a capital project, one is referring to something big and expensive that’ll involve a great deal of planning and resources to complete. What Is Capital Budgeting? What Is Capital Planning?

Budget 346
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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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How to Improve Meetings with a Terms of Reference

Rebel’s Guide to PM

We used to have meetings like that until we implemented a terms of reference for the meeting series. You can create a meeting terms of reference using the template structure below and streamline your committees. Quorum refers to the number of people present to make a decision. Ready to get started? Probably not.

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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.

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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

Here’s an introduction to these important groups as part of the governance framework so you can get yours set up and working on your project. A project board provides oversight and governance for the project. What you need is adequate governance for the project. What is a project board? Call your meetings anything you like.

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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget. The construction budget will also be referred to as well as the larger construction plan.

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Risks in the project: an overview

Inloox

These are the most common and significant types of risk in the project: Content: Internal vs. external risk Cost risk Schedule risk Performance risk Legal risk Governance risk Strategic risk Operational risk Market risk Force majeure Internal vs. external risk Risks can be divided into two categories, internal and external.

Risk 172