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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

Officially defined by the Project Management Institute’s Project Management Body of Knowledge (PMI’s PMBOK) as “the plans, processes, policies, procedures and knowledge bases specific to and used by the performing organization,” operational process assets influence the management of a project.

Process 364
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Hard Costs vs Soft Costs in Construction: Definitions & Examples

ProjectManager.com

Being able to track your resources is how you keep to your budget, and project management software helps monitor costs. ProjectManager is project and work management software that delivers real-time data on your construction project. They can occur anytime in the life cycle of a project. Learn More!

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

You’ll find general conditions in the project contract, the specifications and the project costs. To understand general conditions in construction, we need to define them as it applies to each place in the construction project. The general conditions in this place are specific to the project.

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How to Build and Implement a Project Strategy

ProjectManager.com

Project Management Office (PMO): A PMO is responsible for defining and maintaining the standards for an organization’s project management. They help with prioritizing projects, providing governance guidelines and ensure that projects are beneficial to the organization by aligning with larger strategic goals.

Budget 371
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14 Common Project Risks (+ more)

Rebel’s Guide to PM

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.”. Project Budget Risks. Governance risk.

Risk 317
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Managing Project Assumptions & Risks

Velociteach

Context and environmental factors should govern process requirements, specificity, and formality. Large, complex projects will require more highly structured processes than smaller ones. Definitions Assumptions are things we know we do not know. For example, the projects must be delivered by X date.

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Managing Project Assumptions and Risks

The IIL Blog

Context and environmental factors should govern process requirements, specificity, and formality. Large, complex projects will require more highly structured processes than smaller ones. Definitions Assumptions are things we know we do not know. For example, the projects must be delivered by a certain date.