Definition Finance Project Cost Technical Review 
ProjectManager.com
NOVEMBER 23, 2023
In finance, capital is money that a company has, such as earnings or credit, which it can spend or invest on assets. Opportunity costs are the benefits lost because of investment decisions and important to consider when capital budgeting. For example, not only investing in equipment, but new technology can be a capital investment.
Rebel’s Guide to PM
AUGUST 29, 2021
In this article we’ll look at common project risks so you can start filling up your risk log and making the right plans. The PMI definition of risk is: “an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives.”. Plus, there should be a business case for the project!
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Rebel’s Guide to PM
NOVEMBER 8, 2021
In my experience, most project managers, especially those leading business change, new technology or transformation projects opt for techniques that are between the two extremes. Accurate estimates make the difference between whether your stakeholders are happy with project performance or whether you are constantly stressed.
Rebel’s Guide to PM
APRIL 5, 2024
This article reviews and explains the 10 project management Knowledge Areas from the PMBOK® Guide -- Sixth Edition. Knowledge Areas: Definition What exactly are 'Knowledge Areas'? Cost Management Cost management is basically managing funding for project activities.
Teamweek
MARCH 22, 2024
In this article, we’ll explore an in-depth review of their key features, pros and cons, integrations, and pricing. What is the best project cost management software? What’s missing Timely doesn’t generate expenses or forecast project profitability. What’s missing Harvest doesn’t generate project profitability reports.
Rebel’s Guide to PM
MARCH 22, 2021
This article aims to cover the essential aspects of project resource management, including a step-by-step guide to creating an effective project resource plan. Before delving deep, let us begin with the definition. What is project resource management? What are the types of resources used in projects?
Wrike
JUNE 3, 2019
If you’re just getting started in project management or are interested in learning more about how construction project management is different from general project management, make sure you review the contents of this section. Construction Management Project Basics. What do construction project managers do?
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