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...

Microsoft’s decision to retire Project Online has left many organizations searching for Microsoft Project alternatives. But what if we look at this not only as a forced migration but as an opportunity...

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...

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...

Delivering projects for the sake of projects is no longer enough for business organizations these days. Every project executed should deliver value to the end customer and the organization.  Value eng...

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...

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 proje...

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? ...

Every week a project waits for the same specialist team has a price. Cost of delay is how you put a number on it. Short answer: Cost of delay (CoD) is the expected economic value lost by delivering an...

Your organization may already pay for capable AI tools and still not be ready to use them in a real workflow. The gap is rarely the model. It is permission to use the data, a reviewer with time to che...

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...

Project portfolio management metrics are the measures a PMO uses to check whether the portfolio is selecting valuable work, matching demand to the capacity it actually has, delivering predictably, con...