Managing project portfolios is rather demanding in itself. In the aerospace and defense industry, it’s intensified by the specificity and complexity of the domain. A&D organizations mostly run lar...

According to a Gartner report, by 2030, 80% of project managers’ tasks will be run by AI, powered by big data, machine learning (ML), and natural language processing. This statement was perceived as a...

Resource availability is a critical component of effective resource allocation: you need this data to assign the right people to the right task for timely and successful project delivery.   But despit...

You can plan your projects perfectly, allocate resources properly, but still miss deadlines and face low performance. This is because in a multi-project environment, success is largely affected by...

No project is immune to factors that may result in cost overrun – from a mistake made by a team member that will extend a project’s timeline to force-majeure events like pandemic or war.  However, mos...

Project failures don’t happen out of the blue — they’re always the result of improper management actions. In a complex multi-project environment with limited resources, the price for improper manageme...

As companies develop and grow, and the number of projects they deliver increases, business leaders are seeking ways to ensure more efficient coordination of all their initiatives. For this purpose, a ...

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...

Perhaps you know the pessimistic but cautious statement that can refer to any kind of activity: “If anything can go wrong, it will”. It’s known as Murphy’s law. It’s applicable to any sphere of human ...

In project management, even if you’re a talented and experienced project manager, you definitely know you can’t control everything. Uncertainties can concern both internal factors, such as cost, time,...

This article was updated on November 2, 2021. Probably everyone has ever been a student. Countless lectures, seminars, home tasks, projects, etc. Sounds familiar? Then you also remember that often all...

Every project manager using traditional project management metrics and tools to run their projects looks for ways to deliver them faster and make this process more efficient. Striving for advancement ...