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...

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 portfo...

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 bi...

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 cha...

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...

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 bud...

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 opti...

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 ...

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? ...

It has become obvious that the current business landscape demands redefining the traditional approaches to project portfolio management.  “Deliver more with less” – this is becoming the guiding princi...

Managing projects can be different: it depends on their number, organizational goals and priorities, and stakeholder requirements. These factors will determine your choice between project, program, an...