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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 390
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What Is a Technical Project Manager? (Job Description Included)

ProjectManager.com

There are many different project managers, but today we’re interested in focusing on just one, the technical project manager. Are you interested in becoming a technical project manager or are you in the market to hire one? What Is a Technical Project Manager? What Is a Technical Project Manager? Learn more.

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Business Process Improvement: Steps & Methodologies

ProjectManager.com

Technology, labor, distribution and consumer demographics have all massively changed just in the last few years. As such, business processes need to be constantly evolving to adapt and bring satisfaction to the customer as efficiently as possible. Before we can improve the business process, we must first understand it.

Process 413
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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 387
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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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The 5 Phases of the Construction Process (Templates Included)

ProjectManager.com

From the smallest to the largest and most complicated, they’re broken down into five construction phases to detail all the steps necessary to complete the project on time and within budget. The construction bidding process will also begin at this point. This includes the final drawings and specifications.

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57 AI in Project Management Statistics

Rebel’s Guide to PM

We gathered 57 of the top AI in project management statistics to help understand this key development in technology. Recent advancements in tech have changed how project managers work in 2024. Only 12% have adopted AI in a substantial way, and the adoption levels are much higher in tech-forward companies (34%).