Remove Infrastructure Remove Risk Remove Software Development Remove Strategy
article thumbnail

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.

Risk 172
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 also monitors activities on the organization’s network and IT infrastructure, which can detect breaches of company policy.

Process 325
Insiders

Sign Up for our Newsletter

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

article thumbnail

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

ProjectManager.com

The importance of having an IT budget is to align technology requirements with an organization’s business strategy. They include the CIO (the chief information officer); they’re responsible for creating business value, approving invitations and establishing policies, strategies and standards. Let’s explore some other reasons.

Budget 338
article thumbnail

IT Asset Management: How to Manage Your IT Assets

ProjectManager.com

You’re also more likely to stay compliant with security and legal policies, which reduces risk. IT asset management is more than just keeping track of computers but can deliver new functionality and services for platform and infrastructure services. Identifying these IT assets is the first step in an IT asset management strategy.

article thumbnail

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. As companies continue to carve out bigger and bigger digital footprints, IT management becomes increasingly central to their strategies.

article thumbnail

15 Free IT Project Management Templates for Excel, Word & More

ProjectManager.com

IT teams plan hardware and software installations, upgrades and rollouts, and the tools they use are specific to working with infrastructure, information systems and computers. IT Risk Assessment Template IT projects are no different than any other type of project in that they’re rife with risk.

article thumbnail

March Project Madness

LiquidPlanner

Chasing down updates, manually making changes, and constantly reprioritizing across siloed projects in a growing organization and PM infrastructure is disruptive and unproductive. Portfolio management helps organizations minimize loss by aligning individual projects with larger business strategies. Is the project worth pursuing?