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Capital Projects: Capital Planning, Budgeting and Funding

ProjectManager.com

When governments or corporations make large investments, they don’t do so without serious planning. There’s a lot of money involved in these capital projects and that means getting the funding and allocating the finances wisely. It’s used to help governments and corporations understand their future operational costs.

Budget 339
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The Budgeting Process in Business & Project Management

ProjectManager.com

Without funding and the proper budgeting process, projects in any industry grind to a halt. By understanding the budgeting process for business and project management , it’s easier to understand how to make a budget for your company or project. Budgeting Methods Budgeting methods are how you implement a budgeting process.

Budget 247
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IT Financial Management (ITFM) Best Practices

ProjectManager.com

IT financial management is made up of the processes and tools that are needed to manage and analyze IT costs. There’s also the communication of the value of these processes and tools to IT leaders in order to prove their value to the business. ProjectManager’s workflow automation saves time when managing IT finances.

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Change Control Board: Roles, Responsibilities & Processes

ProjectManager.com

Through this process of detailed examination, the change control board decides on the viability of the change request or makes recommendations accordingly. ProjectManager is work and project management software with multiple project views that allow you to work how you want. Developing a Process for the Change Control Board.

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

ProjectManager.com

It’s a common management tool worldwide, used across industries, including government and nonprofit organizations. The balanced scorecard measures four aspects of a business or organization: finance, customers, business processes and learning and growth. Balanced Scorecard Example Let’s look at a real-life example.

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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. If you’d like to use kanban boards for managing tasks, projects or workflows you’ll need project management software like ProjectManager. What Is Scrum?

SCRUM 411
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

Can project management software facilitate this work? This is a tool used more often by public entities such as local governments for major public expenditures. The capital improvement plan is used to coordinate between community planning and fiscal management to determine the location, timing and financing of the capital improvement.

Planning 322