Risk is often perceived as a potential hazard or something that should be better avoided. However, we all know that the road to success is fraught with risk, as it’s often associated with new opportun...

Every project portfolio is inherently risky. Not only operational problems can arise during the process of execution, external factors like economic instability or natural disasters may disrupt portfo...

Do you know the real cost of project delays? For example, in the UK alone, government projects worth £200 billion are in red, which means that they are unfeasible, and plans are unachievable [1]. That...

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...

The aerospace and defence industry is a space where giant  corporations manage multi-billion portfolios and deal with challenges that many other industries have the privilege not to encounter. With mu...

Focusing on simply delivering projects can lead a company to a place where productivity is commendable, but the actual achievement of business benefits is low. Strategic portfolio management (SPM) see...

Portfolio management systems may provide similar features, but not all of them are right for every company. Plainview may be a great choice for some organizations, while others might benefit from impl...

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...

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...

Microsoft Project Online is retiring on September 30, 2026. After that date, organizations will no longer be able to access Project Online or the project data stored inside the service. For PMOs, CIOs...