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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. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. It’s used to help governments and corporations understand their future operational costs.

Budget 344
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IT Financial Management (ITFM) Best Practices

ProjectManager.com

IT financial management is a bit more complicated than that and we’ll explain by more thoroughly defining the term. To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments. Learn more Who’s Responsible for IT Financial Management?

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

If you’re not familiar with a balanced scorecard, we’ll define the term and show the four perspectives it tracks as well as explain what should be included in a balanced scorecard. It’s a common management tool worldwide, used across industries, including government and nonprofit organizations.

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Enterprise Risk Management (ERM) and Risk Governance

MPUG

I came to know that there were no consistencies within risk governance parameters, such as risk appetite , or risk threshold , for example. In fact, there was no structured and uniform way to define the probability and impact scales , no standard form of risk reporting , and little to no accountability for addressing risks.

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Project Management Job Titles: Understanding the Types of Roles in Project Management

Rebel’s Guide to PM

Project managers work on things that have a beginning, a middle and an end, with a defined end result. The most common way of defining different types of project manager is by industry. And if you’re keen to work on large projects in a slightly Finance-y role, then this could be a good job for you.

PMO 385
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How to take over an existing project [Free checklist]

Rebel’s Guide to PM

Projects should have objectives that result in clearly defined outputs and benefits. Action if they aren’t clear: Ask the project sponsor to hold a workshop on defining this and providing ultimate clarity for everyone. 5: Review the governance structure Is there a governance structure ? Who is your project sponsor?

PMO 303
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

Scrum is a project management framework with well-defined roles, guidelines and procedures that ensure this methodology is implemented consistently. Likewise, if the tasks are not well-defined, then you’re going to have inaccuracies. Not only must the scrum master live up to their name, but the team requires a level of experience, too.

SCRUM 411