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...

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...

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...

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 pro...

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 ...

Managing projects without the reliable performance data is like acting blindfold – you can’t be sure that the project remains on the right track. This is especially critical for complex multi-project ...

Do you know the real cost of project delays? For example, in the UK alone, government projects worth £200 billion are in red, which means that they are unfeasible, and plans are unachievable [1]. That...

As business and project management become more and more complex, the requirements for PMOs also evolve. They should demonstrate their value to an organization. But how can you measure this value and e...

When you work on projects in a large enterprise, just delivering them on time and within budget isn’t enough. Though it’s also important, in large organizations running multiple projects, it’s critica...