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The Construction Resource Management Process Explained

ProjectManager.com

There are many different types of construction resources beyond labor and we’ll define them as well as the process for construction resource management. Construction resource management is the process of planning and managing resources on a construction site. What Is Construction Resource Management?

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Project Financial Management: Managing Project Financials

ProjectManager.com

Whether you call it project financial management or project accounting, managing a project’s finances is essential to delivering a successful project. We’ll get to that and define the various project financials before getting into the process of managing a project’s finances. They can also get loans to finance the project.

Finance 335
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Agency timesheet template: Free to use and download

Resource Guru

Simply download the template in your chosen format, and personalize it with your ad agency-specific project descriptions. It typically includes fields for entering details such as client names, project descriptions, and time durations, as well as tracking the time spent on non-billable tasks like internal meetings and processes.

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Purchase Orders & the Purchase Order Process Explained (Example Included)

ProjectManager.com

Purchase Order Process. The process of a purchase order includes writing it up through to delivery. The process breaks down into these steps: Creation. If everything is fine with the order an approval invoice is sent to financing for payment processing. How ProjectManager.com Can Help With Purchase Order Process.

Process 248
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Kanban vs. Scrum: What’s the Difference?

ProjectManager.com

The name kanban means billboard in Japanese, and you can see why, as the process involves placing tasks represented by cards on physical or digital kanban boards. The scrum master is the team expert on the process, and they are instrumental in guiding the team to optimize the use of scrum in the project.

SCRUM 412
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Google Sheets Budget Template: Track Business Costs Online

ProjectManager.com

Then, you can estimate their costs and add them to determine how much money you’ll need to finance your business operations. As you plan your budget for the year, you’ll also find one-time costs that still need to be factored in, such as, for example, the purchase of new machinery for the production process.

Budget 332
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Schedule of Values in Construction (Example & Template Included)

ProjectManager.com

The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project. For the former, it provides insights into the expected billing for each period, which helps with budgeting and management of high-level finances. Download our free schedule of values template for Excel now.