article thumbnail

Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

This is why projects have a change control board. If changes are requested, the change control board shows how those changes are managed with the least amount of disruption to the project’s plan. The importance of a change control board to a successful, high-quality project cannot be overstated. What Is a Change Control Board?

article thumbnail

The Construction Resource Management Process Explained

ProjectManager.com

There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management. Construction resource management is the process of planning and managing resources on a construction site. What Is Construction Resource Management?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Service Request Management in IT: Process & Best Practices

ProjectManager.com

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. It also includes the tools that are used to run this process.

Process 322
article thumbnail

Project Financial Management: Managing Project Financials

ProjectManager.com

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. We’ll get to that and define the various project financials before getting into the process of managing a project’s finances. They can also get loans to finance the project.

Finance 335
article thumbnail

Project Management Processes & Phases

ProjectManager.com

If so, it might be time to start implementing proven project management processes and phases at your organization in order to bring your company’s workflow under control. In project management there are five phases: initiating, planning, executing, controlling and closing. Monitor and Control.

Process 402
article thumbnail

IT Financial Management (ITFM) Best Practices

ProjectManager.com

IT financial management is made up of the processes and tools that are needed to manage and analyze IT costs. There’s also the communication of the value of these processes and tools to IT leaders in order to prove their value to the business. ProjectManager’s workflow automation saves time when managing IT finances.

article thumbnail

Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. ProjectManager’s powerful Gantt charts help control capital projects.

Budget 346