One of the challenging aspects of project management is setting and then managing expectations of both clients and stakeholders. As a rule, everyone comes into a project with some kind of expectations...

Program management can be challenging – you have to coordinate complex interdependencies, manage shared resources, meet deadlines, and at the same time ensure value delivery. To address these challeng...

What projects should you accept and which ones can you decline? Many companies take every project that comes their way, and that might be a good solution in some situations. But at some point, you’ll ...

Modern project-based companies often face numerous challenges in coordinating multiple concurrent initiatives and resources involved in them. Moreover, the business environment quickly changes under c...

A project management office (PMO) has a lot of responsibilities at any given organization, from portfolio rationalization to performance analytics. One of its crucial functions is resource management ...

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...

When an organization doesn’t have a clear way to prioritize projects in a large portfolio, either prioritization happens arbitrarily or every project seems equally important. This often leads to a cha...

Managing a large portfolio of projects without the right structures and methodologies in your arsenal can be a big challenge. It’s not uncommon to see company resources overloaded, lead times increasi...

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...

Nowadays, running multiple projects simultaneously is an extremely challenging task. Successful management requires more than just coordination of projects, but also understanding the value that proje...

A PMO’s job is seldom easy. As incentives and projects pile up and resources remain limited, delivering everything on time, balancing resource capacity, and delivering tangible business value becomes ...

Project portfolio management (PPM) has developed significantly over the past few years and is expected to evolve even faster in the years ahead. What can portfolio managers expect in the near future? ...