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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

We’ll define in depth each of the five construction phases: initiation, pre-construction, procurement, construction and post-construction. Project management software is used by construction project managers to plan, manage and track the project. Once these decisions are made, a project initiation document is created.

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Project Initiation: How to Start Your Project Off Right

ProjectManager.com

But if a project isn’t initiated correctly, then those hopes and expectations aren’t anchored in a solid foundation, and your project can drift off course and head for disaster. Of course, there are many steps in the successful execution of a project, but project initiation is the first and, in some ways, the most important step.

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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Then we can go through the capital budgeting techniques and the steps to a capital budgeting process. Capital budgeting is a process by which investments in large-scale projects are analyzed, evaluated and prioritized. Whatever capital budgeting decisions one makes, project management software can help track those costs.

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Batch Production: Examples, Advantages and Disadvantages

ProjectManager.com

Manufacturers have a handful of processes they use to make their products. There are five types of manufacturing processes: repetitive, discrete, job shop, continuous process and batch process manufacturing. In batch production, each batch will go through separate stages of the manufacturing process together.

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The Importance of Operational Project Management for Businesses

ProjectManager.com

However, because they’re concerned with streamlining department workflows, implementing new technology or processes or even updating the company’s offerings, customers will eventually see the benefits of these improvements. No matter what the type of project is, project management software helps deliver it more efficiently.

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

We’ll go through some of the most popular project management methodologies, which are applied in many sectors such as software development, R&D and product development. The name is apt, as the waterfall methodology is a process in which the phases of the project flow downward. Top 10 Project Management Methodologies.

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Manufacturing Engineer Job Description

ProjectManager.com

It researches and develops tools, processes, machines and equipment with systems that are integrated into the manufacturing facility. At a high level, manufacturing engineering is the process of turning raw materials into finished products in the most effective and efficient manner possible.