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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. What Is Capital Planning? What Is Capital Budgeting? They are as follows.

Budget 344
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Tactical Planning: Creating a Tactical Plan for Your Business

ProjectManager.com

Tactical planning is the practical counterpoint to strategic planning, which describes the overall direction of an organization. Tactical planning tells you how to get there. Let’s dive a bit deeper into the subject and explain how it differs from other types of planning, its benefits and more. What Is Tactical Planning?

Planning 350
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What Is a Capital Improvement Plan & How to Create One

ProjectManager.com

It’s not uncommon for organizations to have more plans than they have funds. A capital improvement plan can guide an organization when it’s trying to figure out which large projects or purchases in which they should invest. But what exactly is a capital improvement plan? What Is a Capital Improvement Plan?

Planning 327
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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. There’s a lot of planning, managing and tracking involved. We’ll get to that and define the various project financials before getting into the process of managing a project’s finances.

Finance 334
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What Is Organizational Planning in Project Management?

ProjectManager.com

If you’re looking to start or grow a business (or just keep a business profitable), you need a business plan. But not all plans are the same. If you need to define your business and its objectives, you need to use organizational planning. That planning provides a clear path forward. What Is Organizational Planning?

Planning 334
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How Project ERP Can Benefit Your Project-Based Organization

ProjectManager.com

Being able to plan, manage and track those resources to meet the needs of a business is called project ERP or enterprise resource planning (ERP) project management. Project ERP is a type of enterprise resource planning that helps project-based businesses meet their needs. What Types of Businesses Use Project ERP?

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How to Create a Small Business Plan: A Quick Guide

ProjectManager.com

These changes mean that small businesses need a structured plan to navigate their growth while staying on track to achieve long-term goals and objectives. This is where a small business plan comes in. Creating a thorough business plan that outlines a small business can seem like daunting work. Click to learn more!

Planning 403