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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. Let’s take a look at capital projects, explore the idea of a capital asset and delve into the process of capital planning. What Is Capital Planning? They’re initiated to help a company grow. What Is Capital Budgeting?

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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 to Make a Construction Phase Plan (Templates Included)

ProjectManager.com

Construction projects come big and complex as well as small and simple, but one thing they all share is a construction phase plan. The construction phase plan is a critical construction project management document that helps to ensure a safe project. What Is a Construction Phase Plan? Learn more.

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How to do Rolling Wave Planning

Rebel’s Guide to PM

Rolling wave planning, also known as progressive elaboration, is an iterative planning technique to use when it’s difficult (or pointless) to schedule too far ahead. The APM Planning, Scheduling, Monitoring and Control Guide (2015) defines rolling wave planning as ‘the planning density that is achieved at different moments in time.

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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? Can project management software facilitate this work?

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The Importance of Data Governance for Business

ProjectManager.com

The process of maintaining the integrity of your data, protecting it and making it available as needed, requires a plan of action. That plan is called data governance. What Is Data Governance? Data governance provides an organization with a plan to make sure that its data is available, usable, consistent and secure.