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Enhanced due diligence in bankingĀ 

Productivity Land

Enhanced Due Diligence (EDD), also known as Politically Exposed Person (PEP) screening, is a process that banks and other financial institutions must use to identify the risk associated with doing business with foreign individuals. The FATF Secretariat is hosted by the OECD in Paris, France.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

A change control board is sometimes referred to as a change review board. Through this process of detailed examination, the change control board decides on the viability of the change request or makes recommendations accordingly. A change control board looks at change requests which are then reviewed in detail. Learn more.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. First, we need to define capital budgeting, what a capital budget is and why itā€™s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Capital is money.

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Operations Management: Key Functions, Roles and Skills

ProjectManager.com

Operations management (OM) is the process of administration of business operations and/or production management in order to achieve specific goals such as increased productivity and higher profitability. Company resources, such as staffing, materials, equipment and technology, are all part of the optimization process of operations management.

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How to write an executive summary stakeholders will love

Planio

Define the objective of your executive summary 2. Re-review and pull out the key elements 4. The bottom line: Your executive summary can make or break your project In this guide, weā€™ll decode the process of writing effective executive summaries, from what to include and practical examples you can follow on your next project.

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IT project management explained: How to run great IT projects

Planio

On average, IT projects come with more complexity and risk, and can quickly fall to pieces without proper due diligence, management, and leadership. with examples of IT projects) IT project management is the process of planning, organizing, running, and managing information technology projects. And thatā€™s no simple job.

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How to Create a Workflow Diagram for Your Project (Free Tools Included)

ProjectManager.com

Every tool that helps define the project and make it more manageable is valuable. A workflow diagram is a type of flowchart that displays every task in a project or business process, including dependent tasks. Workflow diagrams were introduced in the manufacturing industry in the late 1880s to help with production process improvement.