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...

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...

Imagine the situation: you have three projects that are looking suspiciously perfectly green on paper, but still, somehow, form an impossible portfolio. All three projects are on schedule. Still, all ...

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...

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...

The engineering industry faces multiple challenges, from supply chain disruptions to sudden changes in project scope coming from customers. This changing environment needs a strong approach to project...

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...

Implementing new technology is an important part of business growth and one that allows organizations to greatly improve efficiency, increase revenue, and reach long-term goals faster. But measuring t...

A company’s strategic goals are big-picture ideas. Those ideas need to be pursued through specific measurable actions to be realized. This is what operational planning does: finds a way to achieve one...

A complex environment in which most medium to large companies operate can quickly become chaotic without a structured formalized approach to business strategy and processes. Operations management brin...