Risk is often perceived as a potential hazard or something that should be better avoided. However, we all know that the road to success is fraught with risk, as it’s often associated with new opportun...

The aerospace engineering sector deals with mostly large and complex projects. Accordingly, they are more vulnerable to the consequences of risk-bearing events. When unmanaged, these risks can impact ...

Wellington researchers have recently mentioned that risk management is among the most important factors of project success. However, this fundamental aspect of project management is seen as optional b...

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...

In a great number of modern companies, especially rapidly growing or large enterprises, uncoordinated project execution can hamper strategic progress. Addressing this challenge becomes possible with e...

According to a report by Wellingtone, 82% of business organizations have a project management office. And that’s no wonder – an effectively working PMO can streamline a company’s project management pr...

You’ve probably faced the situation when there are numerous projects in the pipeline and they all seem to be important. But the resources are limited, so you need to find the right criteria to priorit...

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...

The increasing complexity of projects and diversity of resources pose the need for more sophisticated software tools for their effective management. And this is where integrating AI in project managem...

When projects compete for limited resources and investments, and you need to align them with your company’s business strategy and strategic objectives, traditional PMO functions may not be enough. Thi...

Successful product portfolio management process requires more advanced tools than simple spreadsheets. Companies need solutions that provide them with real-time data, comprehensive visibility into the...

Project portfolio management is the core of any project-based organization that aims to reach its strategic objectives, and resource management plays a pivotal role in this process. Let's consider por...