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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

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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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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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.

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BEE Methodology Practitioner Course Review

Rebel’s Guide to PM

I decided it was time to learn more about change management , and if you’ve come to that conclusion too, keep reading, as I have a detailed review of a very good (and not expensive) course that will help you: the BEE Methodology Practitioner course. I’ll be honest: PROSCI is out of my budget so I haven’t taken that course.

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Technical Debt: What Is It & How Do I Avoid It?

ProjectManager.com

Sometimes you have to deviate from your initial plan and take a shortcut. This is often due to the various forces at play that impact decision-making, like those related to the project budget, schedule or resources. There’s a term to explain this idea: technical debt. What Is Technical Debt?

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Top 10 Project Management Methodologies – An Overview

ProjectManager.com

The term scrum was introduced in a “Harvard Business Review” article from 1986 by Hirotaka Takeuchi and Ikujiro Nonaka. It’s a less technical method of project management that doesn’t put as much emphasis on task order or scheduling, but rather on balancing resources and keeping them flexible. Kanban Methodology.