Project teams are often tasked with minimizing the dollars going out the door by keeping an eye on project spending. Many of the initiatives they plan and execute are intended to save the company money in the long run. Of course, while the project is in progress and tasks are being completed, the team is…
Project Management Blog
6 Tips to Manage Project Delays
October 2, 2018 by
being able to manage project delays within the project lifecycle is crucial for a successful end result. Sometimes the problem is that tasks begin later than planned, or the schedule slips when activities take longer to complete than expected. If you’re worried about delays derailing your project, the right strategies can help you stay ahead…
Parachute Project? Do Not Panic!
September 21, 2018 by
A parachute project can rattle even the most efficient and experienced project teams. These initiatives—which often come out of nowhere and drop into the heart of a schedule that’s already busy—can throw everything off balance. They may be triggered by a variety of events, from the announcement of a new regulatory requirement to a competitor’s…
5 Ways Project Teams Complicate Resource Management
September 17, 2018 by
Resource management continues to be a tricky concept for a lot of companies. Problems can spring from all sorts of areas and project teams not only need to look ahead and anticipate where conflicts might exist throughout the entire project lifecycle, they also must be ready to quickly tackle any resource shortages or other issues…
Benefits of Continuous Project Improvements
September 12, 2018 by
Driving one project to a successful completion is an important accomplishment. Unfortunately, too often those victories are overshadowed by other challenges, such as projects that are delivered late or that never meet all of the stated objectives. And because project teams and executive staff already have a lot to oversee, it can be difficult to…
Project Emergency: Handling a Quality Control Failure
September 10, 2018 by
Initiatives that include any sort of testing or quality control component—it could be anything from developing a new software platform to the manufacture of airplane parts—run the risk of encountering a project emergency or situation where something fails a QC check or doesn’t pass some other mid-project inspection. An unexpected and large-scale bug may be…
When Every Project is a Priority
September 6, 2018 by
As an organization matures and its project portfolio expands, PMs may discover they’re increasingly faced with the need to prioritize the various initiatives that are vying for attention and other resources. It’s a natural progression but project teams often encounter some surprising hurdles as they work to tackle and streamline the process of prioritization. For…
Gain Confidence with the Right Portfolio Management Methodology
August 24, 2018 by
The business world is fraught with uncertainty—about cash flows, tightening regulations, labor costs and availability, and fluctuating interest rates, not to mention market pressures as a result of constantly evolving competition. To remain successful in the face of so many unknowns, companies need to be sure they’re moving in the right direction and that their…
Indentify Which Top-Priority Projects are At Risk
August 24, 2018 by
Are any of your high-impact, high-visibility, can’t-fail projects at risk? Hopefully the answer is“no,” but if you don’t know for sure, now is the time to reevaluate how your team measures and reviews the health of your project portfolio. Most organizations have a process in place for reviewing individual projects. That usually translates into a monthly…
6 Things Executives Want to Know About the Project Portfolio
August 18, 2018 by
Think a project portfolio management methodology is only useful to your project team? Think again. Broad awareness into the company’s active projects, along with those initiatives that are still in the planning pipeline, offers tremendous benefits to executives and other senior decision makers. The amount of information that can be gathered and analyzed across the…
