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Skills of an International Project Manager

Estimated reading time: 5 minutes   Today a lot of people are under the designation of International Project Manager but there are very few of them who are successful and doing justice to the role. As project managers advance in their career, their role becomes more complex and demanding. In order to survive in this…

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Managing Project Costs & Budgets

Estimated reading time: 5 minutes   When planning and managing for project costs, several factors come into play and the ability to successfully manage them will improve the chances of project success. While the 2 most common factors that lead to project delay and increased in project costs are design errors and scope change, there…

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joint ventures agreement oil gas

Estimated reading time: 5 minutes   In the oil and gas and petroleum sector, international joint ventures are very common. A joint venture is an alliance in which two or more companies, individuals or organizations operate jointly owned properties. Most companies are willing to take partners for large-scale investments in high-risk oil and gas ventures for…

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Managing Project Costs and Budget

Estimated reading time: 4 minutes   To a project manager, cost management is a vital responsibility. A project budget is the total sum of money allocated to achieve particular goals of the project for a specific period of time. To successfully carry out a successful project, here are the 4 success criteria: Project’s scope is…

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Project Performance

  Application of effective measures for auditing project performance is the key to any project’s success. There are several ways to track a project’s progress, making sure it is on time and within budget. One of the many approaches includes forecasting, risk management strategies and auditing. Risk management is built into the audit process as…

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