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What Is Program Governance? Importance & Benefits

ProjectManager.com

A program is a set of connected projects that are under the oversight of a steering committee, which is the program governance body. Program governance is a critical component to successfully managing a program of projects. But what does program governance mean and why is it so important? What Is Program Governance?

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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. They’re initiated to help a company grow. What Is Capital Planning?

Budget 339
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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. This was originally used for nonprofit organizations but later expanded to for-profit businesses and government agencies. To manage those projects, you’ll need project management software.

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What Is a PMO Director? Role, Responsibilities & Salary

ProjectManager.com

They lead the strategic planning and project governance for the organization and define the project management methodologies that are used to manage those projects. They’ll invest in project management software and archive projects for historical data that can be used when planning new initiatives.

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Project Portfolio Manager Job Description

ProjectManager.com

A portfolio is a bunch of projects and the project portfolio manager has to allocate resources across all the projects in the portfolio efficiently and deliver on the strategic agenda of the organization that has governance over the portfolio. This requires project management software. But that’s not all.

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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. That’s a lot of responsibility, but it can be handled more effectively with project management software. If not, then the project shouldn’t be initiated.

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Business Project Management Basics

ProjectManager.com

ProjectManager is award-winning project management software that helps plan, manage and track projects in real time. Compliance Projects A compliance project, as the name suggests, is done to keep a business in compliance with an industry or government regulation or standard. Both profit from the use of project management software.