Epicflow Blog Page

Modern project-based companies often face numerous challenges in coordinating multiple concurrent initiatives and resources involved in them. Moreover, the business environment quickly changes under conditions of rapid technology shifts and growing market competition, making...

A project management office (PMO) has a lot of responsibilities at any given organization, from portfolio rationalization to performance analytics. One of its crucial functions is resource management because resources, not budget, is the...

What if I tell you that in project management, predicting the future isn’t about magic or guesswork? It may sound weird, yet, that’s exactly what modern scenario planning tools can do.  They don’t work...

Every project portfolio is inherently risky. Not only operational problems can arise during the process of execution, external factors like economic instability or natural disasters may disrupt portfolio success. A risk that is often...

In a great number of modern companies, especially large enterprises, running multiple projects simultaneously is an ordinary practice and a part of their business strategy. However, managing such a big variety of initiatives with...

When an organization doesn’t have a clear way to prioritize projects in a large portfolio, either prioritization happens arbitrarily or every project seems equally important. This often leads to a chaotic portfolio, resource overload,...

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...

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 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...