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 ...

Multiple project management tools help organizations run concurrent projects from one system, but they do different jobs. Some give leaders a consolidated view of status. Some coordinate hand-offs, de...

Schedule variance is a specific project management metric that quantifies project progress by subtracting planned value (PV) from earned value (EV) at a reporting cutoff date. If you get a negative re...

Implementing new technology is an important part of business growth and one that allows organizations to greatly improve efficiency, increase revenue, and reach long-term goals faster. But measuring t...

The best Planview alternative depends less on how many Planview features another platform can reproduce and more on what is actually limiting your portfolio. Planview spans strategic portfolio managem...

A complex environment in which most medium to large companies operate can quickly become chaotic without a structured formalized approach to business strategy and processes. Operations management brin...

Some decades ago, when the manufacturing market was much less competitive, it was a common practice for Chief Financial Officers (CFOs) just to operate costs and ensure project delivery within the bud...

The role of a project management office (PMO) in organizations is evolving now: it can become a strategic partner that drives organizational performance, improves decision-making, and ensures wise dis...

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 turns strategy into a set of investments; portfolio resource management determines whether that strategy is actually executable. For PMOs and portfolio leaders managing co...

‣ Stephen Devaux (USA), is a project management theorist, consultant, author, and educator with 36 years of experience. His expertise spans a wide range of projects, from Fashion Model Barbie to avion...

What are the key characteristics of high-performing companies in the manufacturing sector? First, it’s the adoption of automation technologies (Industry 4.0) and implementation of advanced software so...