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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 341
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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Information technology (IT) runs most businesses. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget?

Budget 339
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Wicked Problem Solving Course Review (PMI)

Rebel’s Guide to PM

Welcome to my PMI Wicked Problem Solving review! In this independent review, I’ll share: Whether the course is really worth it (I think so) Why it’s good for experienced project and change management practitioners Who shouldn’t do the course? I had not heard of Tom before, but he is a tech pioneer, facilitator, and TED speaker.

PMI 432
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Key Technology Trends in the Construction Industry in 2024

Epicflow Blog

At present, the construction industry is undergoing a substantial transformation. Read further to learn what construction trends are going to shape the industry in 2024, and how it’s expected to address current challenges and ensure sustainable growth. damage or cracking on buildings). [2] damage or cracking on buildings). [2]

2024 81
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Everything You Need to Know About Release Managers

Rebel’s Guide to PM

It wasn’t until I worked in IT as a project manager that I had a lot of contact with the release management process. My software projects needed releasing, so we had to follow the formal process and engage with the release manager to make sure that the bug fixes and new features got pushed to the production environment in a controlled way.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

It’s impossible to factor in everything — from weather to supply chains to change requests — something is going to conspire against your schedule and budget. A change control board is sometimes referred to as a change review board. A change control board looks at change requests which are then reviewed in detail.

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Industry, Product, and Technical Knowledge: What Makes a Project Manager an Expert?

Epicflow Blog

And in this publication, we discuss the role of industry, product, and technical knowledge in the work of a project manager. . Industry Knowledge in Project Management Career: What to Focus on? . What is Industry Knowledge? What Industries Do Project Managers Work in? Production Processes. Risk Management.