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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

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. Because a capital project must be carefully managed, governments and corporations alike will use project management software to control the use of its resources and manage time.

Budget 346
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What Is a Business Budget? Business Budgeting Basics

ProjectManager.com

Every business, even a not-for-profit business, needs a budget. A business budget can be looked at as the fuel that drives the business. To understand what that means, we first have to define what a business budget is, which we’ll do in a moment. What Is a Business Budget? There’s no setup required.

Budget 278
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Terms of Reference [Free Template]

Rebel’s Guide to PM

This month’s free project management template is a Terms of Reference document. You could use this terms of reference (Word docx) to define almost anything: the remit of your school parent teacher association, the terms for a client project. What’s included in a Terms of Reference. It must be time for a new template!

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How to write a terms of reference with template & examples

Rebel’s Guide to PM

Why use a Terms of Reference document? A Terms of Reference document is a really versatile document. What is a Terms of Reference document? A Terms of Reference is a short document that sets out the scope, boundaries, resources, objectives and constraints for a particular activity. I’m glad you asked.

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Bottom-Up vs. Top-Down Budgeting Approaches

ProjectManager.com

There are many ways to approach budgeting. Two of the more common approaches are bottom-up budgeting and top-down budgeting. Knowing which is right for you starts with understanding both of these budgeting approaches. Then we’ll show you how to make a budget using both so you can make an informed decision.

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Software Project Management: Why It’s Different

ProjectManager.com

Every project is different, of course, but the differences when managing software development projects are especially so, due to its distinct life-cycle processes. What Is Software Project Management? Software project management is the planning, managing and tracking of software development projects. Learn more.

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What Is Preconstruction? Activities, Checklist & More

ProjectManager.com

The preconstruction phase in construction project management refers to the preliminary planning and engineering services that the construction company implements before construction begins. The main reason for preconstruction is to ensure that you’re doing the due diligence before you start building. Learn more.