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 increasi...

If we had to choose one word that best describes R&D projects, it would be “uncertainty”—they have so many changing elements, and their outcomes are often hard to predict.  Nevertheless, this doesn't ...

There is no doubt now that Agile is not just a buzzword, but a really working methodology that takes product development to the next level. Starting as an approach to improving the software developmen...

The project financial management process is the governed cycle in which the PMO and Finance plan, approve, record, reconcile, forecast and act on the financial position of projects. It connects delive...

Business value in project management is the expected contribution a project, or one phase of it, makes to the organization's financial, customer, operational, strategic, risk or compliance outcomes. T...

A project can sit comfortably under budget while its delivery forecast quietly erodes its commercial value. When a shared specialist becomes the queue every project waits on, completion dates slip. If...

The aerospace and defence industry is a space where giant  corporations manage multi-billion portfolios and deal with challenges that many other industries have the privilege not to encounter. With mu...

In large organizations with multiple diversified resources and multiple projects running in parallel, managing resources can be problematic. With no framework, resources can become overloaded and stop...

Successful project completion is the main goal of project management efforts, but what does project success really mean? Delivering a project on time and within budget, you may think. Yes, but that’s ...

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 c...

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 ...

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 wor...