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 ...

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...

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...

Project delays and failures lead to billions of dollars in losses as companies lose to their competitors. The 2024 Construction Association report highlights that 53% of companies face delays or proje...

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...

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...

Primavera P6 vs MS Project is often reduced to a question of project size. That misses the decisions that actually determine a good fit: who owns the schedule, how many people must work in it, what th...

Schedule variance is a specific project management metric that quantifies project progress by subtracting planned value (PV) from earned value (EV) at a reporting cutoff date. If you get a negative re...

In multi-project environments that operate with a shared pool of scarce resources, projects can remain within their monetary budget and still damage portfolio performance. Monetary headroom does not s...

Project cost management (PCM) is the discipline of planning how costs are governed, estimating required resources and money, approving and time-phasing a budget, measuring actual cost and progress, fo...