When data from individual projects is rolled up to the portfolio level, any issues with the integrity of that information—its age, its completeness, or its accuracy—are magnified. Project data built on subjective metrics is also an area that can generate questionable portfolio insights. People who pad their budget forecasts because they’re worried about contentious financial…
Project Management Blog
Portfolio Management: What if All Your Projects are High Risk?
November 20, 2020 by
Does your portfolio seem to be full of nothing but high-risk, can’t-fail projects? You aren’t alone. Our project portfolio management consulting services include working with clients concerned their portfolios are risk heavy. But a thorough evaluation may reveal you aren’t as overwhelmed with risk as you think. Instead, the methodology used to measure and review…
Project Kick-Off Meetings: Executives
November 13, 2020 by
Project kick-off meetings are filled with excitement and enthusiasm – everyone is eager to get the new initiative underway and the anticipation of reaping the project’s rewards energizes your team as well as your stakeholders. But kick-off meetings with the executive group can sometimes lead to unexpected challenges. They may ask for changes to your…
5 Ways Consistency Contributes to Project Success
November 2, 2020 by
Executing just one project successfully can sometimes be a challenge. As a trusted project management consulting partner for businesses in a number of sectors, we know that driving a rolling list of projects to successful completions is even more demanding. It requires strong skills, full buy-in from the entire project team, unfailing support from sponsors,…
Use Portfolio Templates to Improve Your Project Process
October 23, 2020 by
As part of our project portfolio management consulting work, we’ve seen time and again that the implementation of portfolio templates can deliver big benefits. However, many organizations haven’t yet tapped into the full potential of the template approach. Some businesses aren’t sure how portfolio templates might work in their environments. Others fear that creating even…
Project Management: Improve the Customer Experience
October 16, 2020 by
Project teams often focus their full attention on driving each initiative to a successful completion, but there’s another aspect of project management that can’t be overlooked: the customer experience. Your customers should have a seat at the table as your group goes moves each project from concept through completion—planning activities, scheduling work disruptions, allocating funds,…
Remote Project Management: Make Flexibility Your Strength
October 9, 2020 by
For organizations unaccustomed to supporting a dispersed workforce, the lack of a single shared job location can create worries about weakness. Will communications break down if we can’t talk face to face? How can we solve problems and brainstorm if we aren’t together as a group? How will scattered team members get the latest information?…
Take Control of Your Project Portfolio Now
October 2, 2020 by
Project portfolios risk becoming ungainly and cumbersome, especially if they aren’t carefully curated and reviewed on a regular basis. If other activities have been consuming your time and your portfolio has grown into a gangly mess as a result, it’s time to regain control. You can quickly begin to evaluate your portfolio—its scope and health,…
Avoid the Perils of Excess Project Resources
September 28, 2020 by
Can project teams really get too much of a good thing? Sometimes they can if the surplus isn’t managed well. If you’ve experienced unexpected project challenges when funding, labor, or other resources are freely available, you know how frustrating this can be. Most project managers are more accustomed to fighting tooth and nail for money…
Is Your Project Plan Credible?
September 18, 2020 by
Have you encountered a proposed project plan that wasn’t considered credible, either by the project team itself or by the organization’s sponsors and executives? Developing workable plans when funding is lean, time is tight, and your group is already buried in other projects can leave you in a precarious spot. But though gathering the right…
