article thumbnail

IT Service Management (ITSM): Frameworks, Processes & Phases

ProjectManager.com

Information technology (IT) involves the use of computers, digital storage, networking and other physical devices, infrastructure and processes to create, process, store, secure and exchange electronic data. IT service management (ITSM) is the process of how those services meet the needs of the end users who employ them.

Process 328
article thumbnail

Project Management Process Groups: A Quick Guide

ProjectManager.com

To keep to your schedule and manage costs, you need to gather and process project data throughout the five PMBOK project management groups. What Are the 5 PMBOK Project Management Process Groups? Project management software helps project managers stay on top of each of these process groups. Monitoring and Controlling Phase.

Process 310
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. The IT infrastructure should support the operations of the business.

article thumbnail

What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

But those forecasts are estimates and to ensure that you keep to your IT budget, monitoring and tracking costs is imperative. Support the IT Asset Management Lifecycle Then there’s the IT asset management lifecycle, which goes from request, fulfillment and deployment to monitoring, servicing and retiring.

Budget 343
article thumbnail

Inside the Data Center: Unveiling the Infrastructure Backbone

Wrike

These sprawling facilities house the infrastructure backbone that allows us to access information, communicate with others, and run various applications seamlessly. These components include: Servers: The heart of a data center, servers handle the processing and storage of data. This includes switches, routers, and firewalls.

article thumbnail

How to Build and Implement a Project Strategy

ProjectManager.com

We’ll go over that and link to free project management templates that can help you in this process. Some examples of operational projects are routine maintenance, training programs and upgrades to the IT infrastructure. The creation process for an organization’s project strategy is in the hands of leadership and management.

Budget 373
article thumbnail

Will a Project Management Certification Help Your Career?

LiquidPlanner

Let’s say you’re well-qualified in your technical skills—be it Java, programming languages, infrastructure, networks or system administration. Are you managing the kind of large projects that demand that you put professional processes and documentation into action? Going through the process to become a Fellow of APM in the U.K.