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How to Implement Project Portfolio Management (PPM): Steps, Challenges, and Costs Explained

Managing a large portfolio of projects without the right structures and methodologies in your arsenal can be a big challenge. It’s not uncommon to see company resources overloaded, lead times increasing, and overall productivity...

Top 9 CFO Challenges in Manufacturing Industry: How to Turn Obstacles into Opportunities

Some decades ago, when the manufacturing market was much less competitive, it was a common practice for Chief Financial Officers (CFOs) just to operate costs and ensure project delivery within the budget. But today,...

Project Portfolio Optimization: A Guide to Maximizing Business Value

Project portfolio management isn’t just focused on the day-to-day management of resources and project due dates. It also includes multiple analytical and prioritization aspects. Project portfolio optimization is one of those processes. Taken from...

R&D Portfolio Management Guide: Process, KPIs, Best Practices

Research and development projects are unique because it’s hard to estimate their impact, yet without them an organization can quickly become irrelevant on the market. Managing the portfolio of R&D projects based on strategic...

Lean Project Management: What It Is, Key Principles & How to Implement It

Nowadays, running multiple projects simultaneously is an extremely challenging task. Successful management requires more than just coordination of projects, but also understanding the value that project outcomes will deliver to customers and the organization...

What Is Portfolio Rationalization? A Guide to Streamlining Your Business Portfolio

A PMO’s job is seldom easy. As incentives and projects pile up and resources remain limited, delivering everything on time, balancing resource capacity, and delivering tangible business value becomes an almost impossible task. Sometimes...

Project Management in Renewable Energy: Strategies, Challenges, and Future Trends

Today, you can hear about renewable energy from every corner of the Internet, and it’s no wonder why. Society grows, people become more conscious about environmental problems, as well as their impact on nature...

Trends in Project Portfolio Management: What’s Next in PPM

Project portfolio management (PPM) has developed significantly over the past few years and is expected to evolve even faster in the years ahead. What can portfolio managers expect in the near future? How will...

PMO Implementation: 8 Steps to Set Up a Successful PMO

The role of a project management office (PMO) in organizations is evolving now: it can become a strategic partner that drives organizational performance, improves decision-making, and ensures wise distribution of resources across projects. But...

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