Reduction of project costs and at least avoiding significant cost overruns is one of the high-priority tasks for a project manager, as it helps to avoid unnecessary expenses and significantly impacts ...

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...

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...

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...

Jira is a leading tool for project management and issue tracking, but when it comes to advanced tasks required of a multi-project management tool, Jira has a number of limitations. For larger companie...

Shipbuilding projects are extremely complex. But managing a portfolio of initiatives in this sector introduces a new level of difficulty – all of these complex projects share limited resources, infras...

What projects should you accept and which ones can you decline? Many companies take every project that comes their way, and that might be a good solution in some situations. But at some point, you’ll ...

Successful project completion is the main goal of project management efforts, but what does project success really mean? Delivering a project on time and within budget, you may think. Yes, but that’s ...

In a great number of modern companies, especially large enterprises, running multiple projects simultaneously is an ordinary practice and a part of their business strategy. However, managing such a bi...

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...

Today, you can hear about renewable energy from every corner of the Internet, and it’s no wonder why. Society grows, people become more conscious about environmental problems, as well as their impact ...