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The Budgeting Process in Business & Project Management

ProjectManager.com

There’s one thing that all businesses have in common with project management: money. Without funding and the proper budgeting process, projects in any industry grind to a halt. A budget is an estimate of the revenue and expenses that occur over a period of time. Budgeting is how those funds are spent.

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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. Assign work to your team members, manage resources, estimate costs, automate workflows and much more. Get started for free today.

SCRUM 411
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Construction Cost Management: Managing Construction Costs

ProjectManager.com

Knowing exactly what construction cost management means and what a construction cost is can be the difference between project success or failure. We’ll go over those definitions and explain the construction cost management process so you can manage projects better. Every project phase is impacted by construction cost management.

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125 Project Management Buzzwords

The IIL Blog

So, picture this: you are transitioning from your current position into a project management career. The industry didn’t matter; it was about translating my work experience into specific project management industry-recognized terms and managing projects. process, policy, practices, perceptions, etc.)

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How to Manage Your Project Pipeline With Software

ProjectManager.com

Projects have a beginning, middle and end. That’s called the project life cycle. When you’re a project management office (PMO) or program or portfolio manager, you’re going to have to deal with multiple projects in various stages of the project pipeline. What is a project pipeline?

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Risk Analysis 101: How to Analyze Project Risk

ProjectManager.com

Before you’re able to analyze the risk in your project, you have to acknowledge that risk is going to happen in your project. By planning for risks, you begin the process of knowing how to identify, monitor and close out risks when they show up in your project. Part of that process is risk analysis.

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What Are Construction Submittals and Why Are They So Important?

ProjectManager.com

These construction submittals primarily involve architects and engineers who oversee that process. Construction submittals are an integral part of construction project management. We’ll outline the various types of construction submittals and the process to help for your next project.