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Capital Budgeting: Definitions, Steps & Techniques

ProjectManager.com

Figuring out what to spend its capital on, such as capital spending on long-term assets, is part of capital budgeting. First, we need to define capital budgeting, what a capital budget is and why it’s important. Then we can go through the capital budgeting techniques and the steps to a capital budgeting process.

Budget 381
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Industrial Psychology for Project Management

Rebel’s Guide to PM

Professor Tirado is a native New Yorker, and when he started out in this field he was one of 5 people in the world who married together managing initiatives through projects and industrial psychology. In today’s Clubhouse room, we talked about what industrial psychology is and what it means for people in the project profession.

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Wicked Problem Solving Course Review (PMI)

Rebel’s Guide to PM

Welcome to my PMI Wicked Problem Solving review! In this independent review, I’ll share: Whether the course is really worth it (I think so) Why it’s good for experienced project and change management practitioners Who shouldn’t do the course? I had not heard of Tom before, but he is a tech pioneer, facilitator, and TED speaker.

PMI 443
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What Is an IT Budget? IT Budgeting Basics (Template Included)

ProjectManager.com

Information technology (IT) runs most businesses. Managing information costs and managing information security for those costs are part of making an IT budget. First, we need to understand what an IT budget is, how often they’re made and what is the best size for one. What Is an IT Budget?

Budget 378
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Maintenance Planning in Manufacturing & Other Industries

ProjectManager.com

This is true in other industries where maintenance planning is essential to successful projects and productivity. Let’s take a moment to review four of the most common maintenance planning strategies. Many industries benefit from maintenance planning. Let’s focus on two major industries that benefit from maintenance planning.

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7 Ways Project Manager Roles Are Changing

ProjectManager.com

In Review: 7 Ways Project Manager Roles Are Changing As Jennifer said, project manager roles are changing. Integrating More Technology Certainly, the biggest paradigm shift presently is the introduction of artificial intelligence (AI)-powered decision-making. Jennifer Bridges, PMP, shows you how your role is evolving. What do you do?

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Professional Services Industry Fundamentals

ProjectManager.com

Professional services apply to a wide range of industries. The professional services industry is large and to better understand it, we define the term and provide examples of professional services firms. There are more than these six, but they provide a bit more insight into the professional services industry.