Remove Defining Remove Finance Remove Governance Remove Process
article thumbnail

Creating Safety for Your Finance Team

Leading Agile

Today, we’re exploring what it looks like to transform the way your company finances itself in a new, agile world. But you can’t just wave a magic wand and expect the finance team to forget everything they know and start trusting that you’ll deliver what you say you’re going to deliver based on just a wink and a handshake.

Finance 75
article thumbnail

The Budgeting Process in Business & Project Management

ProjectManager.com

Without funding and the proper budgeting process, projects in any industry grind to a halt. But first, let’s define what a budget is and explore the types of budgets and methods for making a budget. This is why there are corporate budgets, project budgets and government-created budgets to support various services.

Budget 251
Insiders

Sign Up for our Newsletter

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

article thumbnail

Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

Through this process of detailed examination, the change control board decides on the viability of the change request or makes recommendations accordingly. The change manager is responsible for documenting the change management process and the necessary plans to implement the change. Developing a Process for the Change Control Board.

article thumbnail

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 346
article thumbnail

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. IT financial management is made up of the processes and tools that are needed to manage and analyze IT costs. IT financial management is made up of the processes and tools that are needed to manage and analyze IT costs.

article thumbnail

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.

article thumbnail

Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. Scrum is a project management framework with well-defined roles, guidelines and procedures that ensure this methodology is implemented consistently.

SCRUM 412