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...

Managing multiple projects simultaneously is challenging yet essential to succeed in any business today. Organizations often juggle several initiatives with their unique objectives, deadlines, and con...

Have you ever faced unexpected setbacks in a manufacturing project that affected its timeline and budget? If so, it’s hardly surprising—a great number of projects are exposed to industry challenges or...

How can manufacturers ensure the successful delivery of their complex projects under conditions of increasing uncertainty and a lack of required human resources? The solution lies in intelligent proje...

Business organizations that run multiple complex projects, experience business growth but have limited resources may require a more sophisticated approach to managing all their projects. In particular...

There are a variety of approaches and methodologies aimed to increase the effectiveness of managing projects and deliver better outcomes. Each of them comes with specific advantages and disadvantages,...

If we had to choose one word that best describes R&D projects, it would be “uncertainty”—they have so many changing elements, and their outcomes are often hard to predict.  Nevertheless, this doesn't ...

When managing a project​, it’s vitally important to regularly monitor its state: whether or not it has deviated from the approved schedule and budget; how much work has been completed and how much is ...

Project management involves creating lots of documentation. If you look into project management standards, you will find at least a dozen of various plans, multiple types of reports, and numerous othe...

Whatever great idea is behind a project, it won’t be implemented without stakeholders’ buy-in and investment. To get their support and approval, they need to understand what value an initiative will b...

Every project management activity doesn’t exist in isolation – they are all related to and dependent on each other, may have competing requirements and/or shared resources. And if there are multiple p...

Estimation of project costs is one of the core practices of the project initiation stage, which becomes the basis for the approved project budget. However, the main challenge of this process is that i...