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What Is Organizational Strategy in Business? (Examples Included)

ProjectManager.com

Examples of Corporate-Level Strategies Organizational strategy is all about finding the best way to allocate resources to meet long-term goals. Here are some examples of how that’s done on the corporate level. Finance: Various initiatives include reducing operational expenses or implementing a new budgeting system.

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What Is a Balanced Scorecard? (Example & Template Included)

ProjectManager.com

To better illustrate how a balanced scorecard works, we’ll also show an example of one and then share a free template to help you get started with yours. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth. What Is a Balanced Scorecard?

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Industrial Construction: Examples of Industrial Projects

ProjectManager.com

For example, commercial construction can be classified into three subcategories of retail, office, multifamily and industrial construction. To further illustrate what industrial construction is, we’ll offer five examples and some of the challenges inherent in the construction sector. The permitting process is also different.

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Exploring the differences: Projects vs operations examples

Rebel’s Guide to PM

From examples of project activities in a business versus operational activities to strategies for balancing projects and operations simultaneously — this article will help you understand the differences and consider the similarities. Ops managers want (and seek) stability so they can manage process performance.

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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 example, in terms of payment management, the schedule of values is used to request and receive payments for the work contractors complete. What Is a Schedule of Values? Let’s go into those in more detail.

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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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Service Request Management in IT: Process & Best Practices

ProjectManager.com

When someone makes a request in the information technology (IT) world, whatever that might be, there’s a process involved to fulfill that request. This is called a service request and controlling that process is called service request management. It also includes the tools that are used to run this process.

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