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...

Aviation is a complex and constantly developing sector of aerospace and defense, where experts from various areas of technical expertise are involved. In turn, project management in aviation industry ...

The trends shaping the automotive industry will certainly impact its companies’ projects. What automotive industry challenges and issues will they bring to automotive project management, and what are ...

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 ...

When managing a project, it’s hardly possible to stick to the original plan without making any changes to it throughout the entire project lifecycle. In most cases, changes are inevitable and even nec...

Projects don’t exist in isolation: even a single project involves dependencies between its tasks and depends on a number of other internal and external factors. As for a multi-project environment, it’...

Live and learn---this proverb has never been so relevant as in the 21st century. Your education isn’t over when you graduate from a university: being a highly skilled specialist and a healthy personal...