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...

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...

Managing a delivery project pipeline is rarely a tracking problem; it is a decision-latency problem. Treat it as a static status report and new initiatives will almost immediately overload active comm...

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 alternatives can replace issue tracking, coordinate business work, or add portfolio planning while Jira stays in place. For engineering issue tracking, compare YouTrack, GitLab, Azure DevOps Boar...

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...

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...

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 ...