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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. But what does program governance mean and why is it so important? What Is Program Governance?

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IT Governance: Definitions, Frameworks and Planning

ProjectManager.com

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? At its base level, IT governance is one or multiple processes that enable the IT staff to better manage risk and operate at its most efficient to the benefit of the organization on the whole.

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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Besides the examples above, an operational process asset can be any practice or knowledge from anything used to execute or govern the project, even lessons learned from previous projects and historical data. The post Organizational Process Assets: Definitions, Examples & Templates appeared first on ProjectManager.

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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

It’s also highly regulated by the government, which further requires quality control. The post Process Manufacturing: Definition, Benefits and Examples appeared first on ProjectManager. Pharmaceutical Industry Process manufacturing is used in the pharmaceutical industry for both over-the-counter and prescription medications.

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ERM Program Fundamentals for Success in the Banking Industry

Speaker: William Hord, Senior VP of Risk & Professional Services

He will also dive into topic definitions, governance structures, and framework components for success. This exclusive webinar with William Hord, Senior VP of Risk & Professional Services, will explore the answers to these questions and other foundational elements you need to start or validate your ERM program. Register today!

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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

These people can be suppliers, customers, creditors, clients, intermediaries, competitors, society, government and more. Government: These stakeholders get taxes and gross domestic product from a project. For example, if there are environmental factors dictated by the government, then the government is a stakeholder.

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

The project would have no governance and work would be slow and expensive if it was able to be done. The post General Conditions in Construction: Definitions & Best Practices appeared first on ProjectManager. Without general conditions, contracting parties would have no clear duties or privileges.