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Public Infrastructure: Project Management as a Key Success Factor

Inloox

Lack of risk management. Even though this project not quite reaches the epic financial miscalculation of Berlin’s BER airport, it again shows the difficulties realizing public infrastructure projects within their tightly constraint project plan. Nevertheless, the resulting damage can be minimized through proactive risk management.

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IT Governance: Definitions, Frameworks and Planning

ProjectManager.com

IT governance ensures that IT departments are prepared for what’s next, without losing focus on what matters. What is IT Governance? At its base level, IT governance is one or multiple processes that enable the IT staff to better manage risk and operate at its most efficient to the benefit of the organization on the whole.

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How AI is Driving Strategic Decision-Making in Business and Government

The IIL Blog

A recent McKinsey Government agencies historically lag the private sector in the adoption of such innovations, so we can surmise an even lower figure for government agencies. Still, despite the growing use of AI in day-to-day tasks, only a minority of businesses use it for strategic decision-making.

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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. These capital projects can be infrastructure-based, such as roads and railways, when launched by the government. It’s used to help governments and corporations understand their future operational costs.

Budget 346
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Risks in the project: an overview

Inloox

Know the risks in your project! Risk management plays an enormously important role in project management. The task here is to identify, analyze, control and ultimately minimize risks. Although some risks can be eliminated with a suitable solution strategy, certain risks can never be completely avoided in the project context.

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What Is IT Management? Why Is IT Important for Businesses?

ProjectManager.com

Information technology, more commonly referred to as IT, is using hardware, software and the supporting infrastructure to manage and deliver data through various means, such as voice, video, etc. There are five essential areas of IT management: governance, operations management, project management, IT infrastructure security and service desk.

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IT Financial Management (ITFM) Best Practices

ProjectManager.com

To accomplish this requires financial governance, creating and controlling an IT budget, tracking expenses and doing cost-benefit analysis of IT investments. This position is also responsible for IT governance , ensuring that standards, rules and proper procedures are being followed. should operate as efficiently as possible.