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Organizational Process Assets: Definitions, Examples & Templates

ProjectManager.com

There are many things that are needed when managing a project. These organizational process assets are critical to a project’s success and its operations. An organizational process asset is a tangible resource that’s used to guide the management of an organization’s projects and operations.

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Process Manufacturing: Definition, Benefits and Examples

ProjectManager.com

Certain manufacturers use a recipe to combine materials to deliver products. This is called process manufacturing and is a production method that’s common when producing in bulk. Of course, there are other methods of production that manufacturers use, and we’ll touch on those as well. What Is Process Manufacturing?

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What Is a Stakeholder? Definitions, Types & Examples

ProjectManager.com

Stakeholders are important to every project. They are impacted by the project, be they investor or customer. Let’s take some time to define what a stakeholder is, examples of stakeholders and free stakeholder templates that can help with stakeholder management. The stakeholder has a vest interest in the project.

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General Conditions in Construction: Definitions & Best Practices

ProjectManager.com

If you’re a general contractor working in construction project management, you’ll need to know about general conditions. You’ll find general conditions in the project contract, the specifications and the project costs. The general conditions in this place are specific to the project. We’ll get to that later.

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The Growth in Importance of Project Value

The IIL Blog

November 15, 2023 All management disciplines, project management included, contain words and expressions that have meanings susceptible to change over time. There is a valid argument that VE is the contractor’s definition of value and VA is the customer’s or user’s definition of value. By Harold Kerzner, Ph.D.

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7 Steps for Effective Problem Management in IT

ProjectManager.com

This is called problem management, which has been detailed into best practices within the services management framework ITIL, or the information technology infrastructure library. What Is Problem Management? ITIL & Problem Management. Related: The Ultimate Guide to IT Project Management.

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Scope Management Plan: Everything You Need to Know

Online PM Courses

I’ve often said that scoping is the hardest part of Project Management. So for a formal project, you’ll need a good Scope Management Plan. But a Scope Management Plan is a tiny part of project management. Why a Scope Management Plan is Important. What is a Scope Management Plan?